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      <div style="line-height: 12pt; font-family: 'Times New Roman';">As filed with the Securities and Exchange Commission on October 10, 2023&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;&#160; Registration No. 333-______</div>
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    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 15.95pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">WASHINGTON, D.C. 20549</div>
    <div style="text-align: center; line-height: 15.95pt; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">FORM&#160;S-1</div>
    <div style="text-align: center; line-height: 15.95pt; margin-bottom: 2pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">REGISTRATION STATEMENT</div>
    <div style="text-align: center; line-height: 12.55pt; font-family: 'Times New Roman'; font-size: 11pt;">UNDER THE SECURITIES ACT OF 1933</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman'; font-size: 14pt; font-weight: bold;">Allianz Life Insurance Company of North America</div>
    <div style="text-align: center; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Exact name of Registrant as specified in its charter)</div>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">Minnesota</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(State or other jurisdiction of</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">incorporation or organization)</div>
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            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">6311</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(Primary Standard Industrial</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">Classification Code Number)</div>
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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">41-1366075</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">(I.R.S. Employer</div>
            <div style="text-align: center; line-height: 9.1pt; font-family: 'Arial Narrow'; font-size: 8pt;">Identification No.)</div>
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    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; font-family: 'Times New Roman';">5701 Golden Hills Drive</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Minneapolis, MN 55416</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">(800) 950-5872</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Address, including zip code, and telephone number, including area code, of Registrant&#8217;s principal executive offices)</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">John P. Hite, Esq.</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Allianz Life Insurance Company of North America</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">5701 Golden Hills Drive</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">Minneapolis, MN 55416</div>
    <div style="text-align: center; line-height: 12pt; font-family: 'Times New Roman';">(763) 765-7494</div>
    <div style="text-align: center; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">(Name, address, including zip code, and telephone number, including area code, of agent for service)</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';"><font style="font-weight: bold;">Approximate date of commencement of proposed sale to the public:</font><br>
      As soon as practicable after this registration statement becomes effective.</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check
      the following box. [X]</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the
      definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer&#8221; and &#8220;smaller reporting company&#8221; in Rule 12b-2 of the Exchange Act.</div>
    <div style="line-height: 12pt;"><font style="font-family: 'Times New Roman';">Large accelerated filer</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family: 'Times New Roman';">[&#160;&#160; ]<font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Accelerated filer<font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>&#160;&#160; [&#160;&#160; ]</font></div>
    <div style="line-height: 12pt;"><font style="font-family: 'Times New Roman';">Non-accelerated filer</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Times New Roman';">[X]<font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font>Smaller reporting company&#160;&#160; [&#160;&#160; ]</font></div>
    <div style="line-height: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman';">(Do not check if a smaller reporting company)</div>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further
      amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the
      Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.</div>
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    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">PART I &#8211; PROSPECTUS</div>
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            <div style="line-height:13.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:11pt;font-weight:bold;margin-left:0%;text-transform:uppercase;">ALLIANZ Index Advantage+ NF</font><font style="color:#000000;font-family:Arial;font-size:7pt;font-weight:bold;position:relative;text-transform:uppercase;top:-4.75pt;">SM</font><font style="color:#000000;font-family:Arial;font-size:11pt;font-weight:bold;text-transform:uppercase;">
                VARIABLE ANNUITY CONTRACT</font><font style="color:#000000;font-family:Arial;font-size:11pt;font-weight:bold;line-height:13pt;"> </font></div>
            <div style="line-height:12.0pt;margin-top:4.5pt;text-align:center;"><font style="color: #000000; font-family: Arial Narrow; margin-left: 0%;">Issued by Allianz Life Variable Account B and Allianz Life Insurance Company of North America (Allianz
                Life, we, us, our)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The variable annuity described in this prospectus is an individual flexible purchase payment index-linked variable deferred annuity
                contract (Contract). This prospectus describes the Contract between you, the Owner, and Allianz Life. Allianz Life Financial Services, LLC distributes the Contracts.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract allows you to allocate your money (Purchase Payments) and any earnings among the Contract&#8217;s investment options, which
                currently include index-linked investment options (Index Options). The Contract also includes the AZL Government Money Market Fund, but you cannot allocate Purchase Payments to this fund.</font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Options.</font><font style="color: #000000; font-family: Times New Roman;"> Each Index Option is tied (or linked) to the performance of a specific market Index for a defined time period (Term). Each Index Option has a downside feature that provides limited protection against any negative Index rate of
                    return (Index Return) that may be credited to your investment for a Term. Limited protection from negative Index Returns is provided by the Buffer for the&#160;Index Dual Precision Strategy, Index Precision Strategy, and Index Performance
                    Strategy; and by the Floor for the Index Guard Strategy. The maximum potential negative Performance Credit is: -90% with a 10% Buffer; -80% with a 20% Buffer; -70% with a 30% Buffer; and -10% with the Floor. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Such losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal
                    charge, or is a deduction of Contract fees and expenses.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">The Index Protection
                    Strategy with Trigger provides 100% protection against negative Index Returns. Each Index Option also has an upside feature that puts an upper limit on positive Index Return that may be credited for a Term. The upper limit on positive
                    Index Return is provided by the Cap for the Index Performance Strategy&#160;and Index Guard Strategy;&#160;and the Trigger Rate for the Index Dual&#160;Precision Strategy, Index Precision&#160;Strategy, and Index Protection Strategy with Trigger.
                    Multi-year Term Index Options also have a Participation Rate that may allow you to receive more than the positive Index Return.</font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">AZL</font><font style="color:#000000;font-family:Times New Roman;font-size:4.5pt;font-weight:bold;position:relative;top:-7pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> Government Money Market Fund.</font><font style="color: #000000; font-family: Times New Roman;"> The sole purpose of the AZL Government Money Market Fund is to hold Purchase Payments until they are transferred to the Index Options. The AZL Government Money Market Fund performance is based on the securities in
                    which it invests.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We expect to add Index Options from time to time. A list of currently available Index Options can be found in the Overview of the
                Contract section of this prospectus.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index-linked and variable annuity contracts are complex insurance and investment vehicles. You may lose money,
                including your principal investment and previously credited earnings. Contract fees and expenses could cause your losses to be greater than the downside protection of the Index Options. Your losses may be significant.</font><font style="color: #000000; font-family: Times New Roman;"> This Contract is not intended for someone who is seeking complete protection from downside risk, seeking unlimited investment potential, or expecting to take withdrawals that will not
                be subject to withdrawal charges or Daily Adjustments. Before investing, be sure to ask your Financial Professional about the Contract&#8217;s features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon
                your financial situation and objectives, and for a specific recommendation to purchase the Contract. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">The Contract&#8217;s risks are
                described in Risk Factors on page 20 of this prospectus.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Before the end of an Index Option&#8217;s Term, if you take any type of withdrawal, execute the Performance Lock
                feature, begin Annuity Payments, or if we pay a death benefit or deduct a fee or expense, we base the transaction on the interim value of your Index Option investment, which includes the Daily Adjustment. The Daily Adjustment fluctuates
                daily. With the Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the Daily Adjustment can be positive or negative. In extreme circumstances the Daily Adjustment could result in a
                loss beyond the protection of the Buffer or Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual&#160;Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the Index
                Guard Strategy. Although with the Index Protection Strategy with Trigger the Daily Adjustment cannot be negative, deductions of Contract fees and expenses could cause you to lose principal and previously credited earnings. The Daily
                Adjustment could reflect significantly less gain, or more loss than we would apply to an Index Option at the end of a Term. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Such
                losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract fees and expenses.</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> If you have Index Options with different Term End Dates, there may be no time that any such transaction can be performed without the application of at least one Daily
                Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">A withdrawal charge also applies&#160;if you take a withdrawal within six years of your last Purchase Payment.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;1&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract may be available through third-party financial advisers who charge a financial adviser fee for their services. If you choose to pay
                financial adviser fees from this Contract, the deduction of this financial adviser fee is in addition to this Contract&#8217;s fees and expenses, and the deduction is treated the same as any other withdrawal under the Contract.</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, and, if withdrawn on a day other than a Term End Date, we apply the Daily
                Adjustment (which can be negative) to the Contract Value before deducting the withdrawal.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Withdrawals will reduce the Contract Value, Cash Value, and Guaranteed Death Benefit Value (perhaps significantly
                and by more than the amount withdrawn), are subject income taxes, and may be subject to a 10% additional federal tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;">2</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets
                you may have.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">All obligations and guarantees under the Contract, including index-linked returns (Performance
                Credits), are the obligations of Allianz Life and are subject to our claims-paying ability and financial strength.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Please read this prospectus before investing and keep it for future reference. The prospectus describes all material rights and
                obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life that you ought to know before investing&#160;including material state variations. Availability of Index Options may vary by
                financial intermediary. You can obtain information on which Index Options are available to you by calling (800) 624-0197, or from your Financial Professional. This prospectus is not offered in any state, country, or jurisdiction in which we
                are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to give you different information.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you are a new investor in the Contract, you may cancel your Contract within 10 days of receiving it without paying fees or
                penalties. In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Contract Value. If you have an Individual Retirement
                Annuity Contract, we refund the greater of Purchase Payments less withdrawals, or total Contract Value. You should review this prospectus, or consult with your Financial Professional, for additional information about the specific
                cancellation terms that apply.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">The Securities and Exchange Commission (SEC) has not approved or disapproved these securities
                or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is not federally insured or
                guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">This prospectus is not intended to constitute a suitability recommendation or fiduciary advice.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Additional information about certain investment products, including variable annuities, has been prepared by the Securities &amp;
                Exchange Commission&#8217;s (SEC) staff and is available at investor.gov.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Dated: October 23, 2023</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;2&#8201;</font></div>
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            <div style="line-height: 11.0pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:11pt;">TABLE OF CONTENTS</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:10pt;width:234pt;min-height:650pt;">
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z47367327edb343329d9cb2e27f6e5358" style="empty-cells:show;width:234pt;">

                  <tr style="height:12.85pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_82dcf50f-aae8-467d-86b9-a80a8a1a4951_1">Glossary</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">5</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:26.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_5065d72b-31f5-4c94-9e71-3fc884c1b76a_1">Important Information You Should Consider
                            </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:10pt;"><a href="#xx_5065d72b-31f5-4c94-9e71-3fc884c1b76a_1">About the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">11</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_1">Overview of the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">15</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_1">What Is the Purpose of the Contract?</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">15</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_2">What Are the Phases of the Contract?</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">16</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_3">What Are the Contract&#8217;s Primary
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">17</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:15.7pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_4">Fee Tables</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">18</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_4">Transaction Expenses</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">18</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_5">Annual Contract Expenses</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">19</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_5">Annual Expenses of the AZL Government </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_5">Money Market Fund</a></font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">19</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_5">Example</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">19</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_6">Risk Factors</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">20</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_6">Liquidity Risks</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">20</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_7">Risks of Investing in Securities</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">21</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_8">Risk of Negative Returns</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">22</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_9">Risks Associated with Calculation of </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_9">Performance Credits</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">23</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_10">Risks Associated with Performance Locks and </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_10">Early Reallocations</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">24</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:34.7pt;">
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_10">Risks Associated with Substitution of an </a></font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">24</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_11">Risks Associated with&#160;Changes to&#160;Trigger </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_11">Rates, Caps, and Participation Rates</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">25</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_12">Risks Associated with Investment in </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_12">Derivative Hedging Instruments</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">26</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">Risks of Deducting Financial Adviser Fees </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">from the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">27</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">Risks Associated with Our Financial Strength </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">and Claims-Paying Ability</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">27</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">Regulatory Protections</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">27</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1.</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_13">The Contract</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">27</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_14">When the Accumulation Phase Ends</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">28</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_14">Financial Adviser Fees</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">28</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_16">When the Contract Ends</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">30</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:26.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">2.</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_16">Ownership, Annuitant, Determining Life,
                            </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_16">Beneficiary, and Payee</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">30</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_16">Owner</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">30</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_17">Joint Owner</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">31</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_17">Annuitant</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">31</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_17">Determining Life (Lives)</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">31</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Beneficiary</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">32</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Payee</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">32</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21.85pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Assignments, Changes of Ownership and </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Other Transfers of Contract Rights</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">32</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="float:left;margin-left:26pt;margin-top:10pt;width:234pt;min-height:650pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z7d713d66621f4eba9217f6561902c1c7" style="empty-cells:show;width:234pt;">

                  <tr style="height:12.85pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">3.</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Purchasing the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">32</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_18">Purchase Requirements</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">32</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_19">Applications Sent Electronically</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">33</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
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                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_19">Allocation of Purchase Payments and </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_19">Contract Value Transfers</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">33</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_21">Electronic Allocation Instructions</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">35</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_21">Free Look/Right To Examine Period</a></font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">35</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:15.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">4.</font></div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_22">Valuing Your Contract</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">36</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
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                      <div style="line-height:11pt;text-align:left;">
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">37</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">37</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_24">Comparing Crediting Methods</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">38</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_27">Bar Chart Examples of Crediting Method </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_27">Performance</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">41</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
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                      </div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_31">Determining Index Option Values</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">45</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_33">Calculating Performance Credits</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">47</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_34">Daily Adjustment</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">48</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_35">Performance Locks and Early Reallocations</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">49</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
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                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">5.</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_37">AZL Government Money Market Fund</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">51</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_37">Substitution and Limitation on Holdings</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">51</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_38">Excessive Trading and Market Timing</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">52</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_39">Voting Privileges</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">53</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">6.</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_40">Expenses</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">54</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_40">Optional Benefit Additional Rider Fee</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">54</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_41">Contract Maintenance Charge (Administrative </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_41">Expenses)</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">55</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_41">Withdrawal Charge</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">55</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_43">Daily Adjustment Maximum Potential Loss</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">57</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_43">Premium Tax</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">57</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_43">Income Tax</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">57</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_44">AZL Government Money Market Fund </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_44">Expenses</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">58</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">7.</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_44">Access to Your Money</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">58</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_45">Free Withdrawal Privilege</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">59</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_45">Minimum Distribution Program and Required </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_45">Minimum Distribution (RMD) Payments</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">59</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_46">Waiver of Withdrawal Charge Benefit</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">60</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_46">Suspension of Payments or Transfers</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">60</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">8.</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_46">The Annuity Phase</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">60</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_46">Calculating Your Annuity Payments</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">60</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_47">Annuity Payment Options</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">61</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_47">When Annuity Payments Begin</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">61</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">9.</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_1">Benefits Available Under the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">62</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">10.</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_4">Death Benefit</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">65</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_5">Maximum Anniversary Value</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">66</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_6">Death of the Owner and/or Annuitant</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">67</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_6">Death Benefit Payment Options During the </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_6">Accumulation Phase</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">67</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:10.85pt;">
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                      <div style="line-height:0.5pt;text-align:left;">
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                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_7">Death Benefit Payment Options</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">68</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
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      <div><a name="xx_a93ce002-1ab1-4b96-b07c-dd0de82774e7_va-toc_2"></a>
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            <div style="line-height: 11.0pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:11pt;">TABLE OF CONTENTS</font></div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:10pt;width:234pt;min-height:483.66pt;">
            <div style="margin-top:0.0pt;">
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                  <tr style="height:12.85pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">11.</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_7">Taxes</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">68</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_7">Annuity Contracts in General</a></font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">68</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_8">Qualified Contracts</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">69</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_9">Summary of Individuals and Entities That Can </a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">70</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
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                      <div style="line-height:0.5pt;text-align:left;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_9">Non-Qualified Contracts</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">70</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_9">Non-Qualified Contracts Owned by </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_9">Non-Individuals</a></font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">70</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_9">Taxation of Withdrawals</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">70</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_10">10% Additional Federal Tax</a></font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">71</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">72</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">72</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">72</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">73</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">73</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">73</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_12">Distributions Upon the Owner&#8217;s Death (or </a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">73</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_14">Tax-Free Section 1035 Exchanges</a></font></div>
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">75</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_14">Multiple Non-Qualified Contracts Purchased </a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">75</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_14">Assignments, Pledges and Gratuitous </a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">75</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">Income Tax Withholding</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">Generation-Skipping Transfer Tax</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">Foreign Tax Credits</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">Possible Tax Law Changes</a></font></div>
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                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">12.</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">Other Information</a></font></div>
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                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_15">The Registered Separate Account</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">76</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_16">Our General Account</a></font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">77</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_16">Our Unregistered Separate Account</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">77</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_16">Distribution</a></font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">77</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_17">Additional Credits for Certain Groups</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">78</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
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                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Administration/Allianz Service Center</a></font></div>
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                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">79</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Legal Proceedings</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">79</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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                    </td>
                  </tr>
                  <tr style="height:21.85pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
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                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Status Pursuant to Securities Exchange Act of </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">1934</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">79</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
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              </table>
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          <div style="float:left;margin-left:26pt;margin-top:10pt;width:234pt;min-height:483.66pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z69a1919e3d024b88bf8d44fd2010793b" style="empty-cells:show;width:234pt;">

                  <tr style="height:12.85pt;">
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                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">13.</font></div>
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                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Information on Allianz Life</a></font></div>
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                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">79</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Directors, Executive Officers and Corporate </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_18">Governance</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">79</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_24">Executive Compensation</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">85</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">Security Ownership of Certain Beneficial </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">Owners and Management</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">96</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">Transactions with Related Persons, </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">Promoters and Certain Control Persons</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">96</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">Business and Operational Risks Relevant to </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35">the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">96</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">14.</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_42">Financial Statements</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">103</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1">Appendix A &#8211; Available Indexes</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">104</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1">S&amp;P 500</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1">&#174;</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1"> Index</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">104</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1">Russell 2000</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1">&#174;</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1"> Index</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">104</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2">Nasdaq-100</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2">&#174;</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2"> Index</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">105</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2">EURO STOXX 50</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2">&#174;</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">105</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;text-transform:lowercase;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3">i</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;text-transform:uppercase;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3">Shares</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;text-transform:uppercase;top:-4.25pt;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3">&#174;</a></font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;text-transform:uppercase;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3"> MSCI Emerging Markets </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;text-transform:uppercase;"><a href="#xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3">ETF</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">106</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_b77b10f9-2148-4643-aa3e-4e87f280361e_1">Appendix B &#8211; Daily Adjustment</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">107</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_540773e1-e53c-4504-9c04-dfad0b25e44f_1">Appendix C &#8211; Rider Fee Calculation
                              Example</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">110</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:26.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_5a0f8aed-4976-4578-9088-9110b44daccf_1">Appendix D &#8211; Material Contract Variations
                              by </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:10pt;"><a href="#xx_5a0f8aed-4976-4578-9088-9110b44daccf_1">State</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">111</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23.7pt;">
                    <td style="vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_5a0f8aed-4976-4578-9088-9110b44daccf_1">Crediting Method and/or Index Option </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;"><a href="#xx_5a0f8aed-4976-4578-9088-9110b44daccf_1">Availability Restrictions</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">111</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.7pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_5a0f8aed-4976-4578-9088-9110b44daccf_1">Material State Contract Variations</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">111</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:26.7pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_aa5754eb-3d25-4542-9841-c0debd35ea74_1">Appendix E &#8211; Variable Investment Option
                              Under </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:10pt;"><a href="#xx_aa5754eb-3d25-4542-9841-c0debd35ea74_1">the Contract</a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">114</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:26.7pt;">
                    <td colspan="2" style="background-color:azure;vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_2d304dcb-58b1-4c46-8e48-7210a909bcff_1">Appendix F &#8211; Unaudited Selected Financial
                              Data </a></font></div>
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:10pt;"><a href="#xx_2d304dcb-58b1-4c46-8e48-7210a909bcff_1">and Statutory Financial Statements</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">115</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15.7pt;">
                    <td colspan="2" style="vertical-align:Top;width:188.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;"><a href="#xx_2d304dcb-58b1-4c46-8e48-7210a909bcff_1">For Service or More Information </a></font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Back Cover</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.85pt;">
                    <td style="background-color:azure;vertical-align:Top;width:21pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Top;width:167.93pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"><a href="#xx_2d304dcb-58b1-4c46-8e48-7210a909bcff_1">Our Service Center</a></font></div>
                      </div>
                    </td>
                    <td style="background-color:azure;vertical-align:Bottom;width:45.07pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">Back Cover</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;"> </font></div>
                      </div>
                    </td>
                  </tr>

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          <div style="float:left;margin-left:50pt;margin-top:180.34pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;4&#8201;</font></div>
          </div>
        </div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 13.0pt; margin-top: 12pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Glossary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">This prospectus is written in plain English. However, there are some technical words or terms that are capitalized and are used as
                defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Accumulation Phase</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the first phase of your
                Contract before you request Annuity Payments. The Accumulation Phase begins on the Issue Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuitant</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the individual upon whose life we
                base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuity Date</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the date we begin making
                Annuity Payments to the Payee from the Contract. Your Annuity Date must occur on an Index Anniversary. The earliest available Annuity Date is the&#160;second Index Anniversary, and the latest possible Annuity Date is age 100.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuity Options</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the annuity income options
                available to you under the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuity Payments</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; payments made by us to the
                Payee pursuant to the chosen Annuity Option.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuity Phase</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the phase the Contract is in
                once Annuity Payments begin.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Beneficiary</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the person(s) or entity the Owner
                designates to receive any death benefit, unless otherwise required by the Contract or applicable law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Buffer</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; for each Index Option&#160;with the Index
                Dual&#160;Precision Strategy, Index Precision Strategy, and Index Performance Strategy, this is the negative Index Return that we absorb over the duration of a Term (which can be either one, three, or six years) before applying a negative
                Performance Credit. We do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> apply the Buffer annually on
                a 3-year or&#160;6-year Term Index Option. The Index Dual&#160;Precision Strategy and Index Precision Strategy&#160;Buffers are 10%, and Index Performance Strategy Buffers are either 10%, 20%, or 30%. Buffers do not change.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Business Day</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; each day on which the New York
                Stock Exchange is open for trading. Allianz Life is open for business on each day that the New York Stock Exchange is open. Our Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m.
                Eastern Time.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Cap</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; for any Index Option with the Index
                Performance Strategy, or Index Guard Strategy, this is the upper limit on positive Index performance after application of any Participation Rate over the duration of a Term (which can be either one,&#160;three, or six years) and the maximum
                potential Performance Credit for an Index Option. We do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;">
                apply the Cap annually on a 3-year or&#160;6-year Term Index Option. On each Term Start Date, we set a Cap for each Index Option with the Index Performance Strategy, and Index Guard Strategy. The Caps applicable to your Contract are shown on the
                Index Options Statement.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Cash Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the amount available upon
                surrender (full withdrawal). It is the Contract Value less any final rider fee, contract maintenance charge, and withdrawal charge.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Charge Base</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the Contract Value on the
                preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), increased by the dollar amount of subsequent Purchase Payments, and reduced
                proportionately for subsequent withdrawals you take or financial adviser fees that you choose to have us pay from this Contract (including any withdrawal charge) and deductions we make for Contract fees and expenses. All withdrawals you
                take reduce the Charge Base, even Penalty-Free Withdrawals. We use the Charge Base to determine the next rider fee we deduct if you select the Maximum Anniversary Value Death Benefit.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Contract</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the individual flexible purchase
                payment index-linked and variable deferred annuity contract described by this prospectus. The Contract may also be referred to as a registered index-linked annuity, or &#8220;RILA&#8221;.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Contract Anniversary</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a twelve-month
                anniversary of the Issue Date or any subsequent Contract Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Contract Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the current value of the
                Purchase Payments you invest. On any Business Day, your Contract Value is the sum of your Index Option Value(s) and Variable Account Value. Variable Account Value fluctuates each Business Day that money is held in the AZL Government Money
                Market Fund. Index Option Value is increased or decreased on each Term End Date to reflect Performance Credits, which can be negative&#160;with the Index Dual&#160;Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, and Index
                Performance Strategy. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">A negative Performance Credit means that you can lose principal and previous earnings.</font><font style="color: #000000; font-family: Times New Roman;"> The Index Option Values also reflect the Daily Adjustment on every </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;5&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Business Day other than the Term Start Date or Term End Date. All withdrawals you take reduce Contract Value dollar for dollar, even Penalty-Free
                Withdrawals, and financial adviser fees that you choose to have us pay from this Contract. Contract Value is also reduced dollar for dollar for deductions we make for Contract fees and expenses. However, Contract Value does not reflect
                future fees and expenses we would apply on surrender. The Cash Value reflects&#160;all Contract fees and expenses&#160;we would apply on surrender&#160;(including any withdrawal charge).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Contract Year</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; any period of twelve months
                beginning on the Issue Date or a subsequent Contract Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Crediting Method</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a method we use to
                calculate Performance Credits for the Index Options.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Daily Adjustment</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; how we calculate Index
                Option Values on days other than the Term Start Date or Term End Date as discussed in section 4, Valuing Your Contract &#8211; Daily Adjustment; and Appendix B. The Daily Adjustment approximates the Index Option Value that will be available on
                the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment for the Index Protection Strategy with Trigger cannot be negative.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Determining Life (Lives)</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the person(s)
                designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit&#160;or Maximum Anniversary Value Death Benefit.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Early Reallocation</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a feature that allows you
                to move assets out of a locked Index Option on days other than an Index Anniversary or a Term End Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Financial Professional</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the person who advises
                you regarding the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Floor</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; for any Index Option with the Index
                Guard Strategy, this is the maximum amount of negative Index Return you absorb as a negative Performance Credit. The Floors are -10% and do not change.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Good Order</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a request is in &#8220;Good Order&#8221; if it
                contains all of the information we require to process the request. If we require information to be provided in writing, &#8220;Good Order&#8221; also includes providing information on the correct form, with any required certifications, guarantees
                and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the information we require, or whether
                you can submit certain information by fax, email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that includes the date and time we received
                your information.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Guaranteed Death Benefit Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the guaranteed
                value that is available to your Beneficiary(s) on the first death of any Determining Life during the Accumulation Phase. The Guaranteed Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take
                (including any withdrawal charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. All withdrawals you take reduce the Guaranteed Death Benefit Value,
                even Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract. However, we do not reduce the Guaranteed Death Benefit Value for deductions we make for Contract fees and expenses. These
                deductions will, however, reduce the Contract Value we use to calculate the Maximum Anniversary Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index (Indexes)</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one (or more) of the
                nationally recognized third-party broad based equity securities price return Indexes or exchange-traded fund available to you under your Contract as described in Appendix A.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Anniversary</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a twelve-month anniversary
                of the Index Effective Date or any subsequent Index Anniversary.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Dual Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one of the
                Crediting Methods described in section 4, Valuing Your Contract. The Index Dual Precision Strategy calculates Performance Credits based on Index Returns subject to a Trigger Rate and 10% Buffer. You can receive negative Performance Credits
                under this Crediting Method, which means you can lose principal and previous earnings. The Index Dual Precision Strategy may perform best in periods of small positive or small negative market movements because the Trigger Rates will
                generally be greater than the Trigger Rates for the Index Protection Strategy with Trigger, but less than the Index Precision Strategy Trigger Rates and Index Performance Strategy Caps. The Index Dual Precision Strategy differs from the
                other available Crediting Methods in that it provides a positive Performance Credit for small negative market movements when the loss is less than or equal to the 10% Buffer. However, the Index Dual Precision Strategy is similar to the
                Index Performance Strategy with 10% Buffer Index Options and Index Precision Strategy in that losses exceeding the 10% Buffer result in negative Performance Credits. In a period of extreme negative market performance, the risk of loss is
                greater with the Index Dual Precision Strategy than with the Index Guard Strategy, because the Index Guard Strategy provides protection for any losses beyond the -10% Floor. Significant losses beyond the 10% Buffer for the Index Dual
                Precision Strategy can result in substantial loss of principal and previous earnings.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;6&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Effective Date</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the first day we allocate assets to an
                Index Option. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this Contract you select the Index Effective Date as discussed in section 3, Purchasing the Contract &#8211;
                Allocation of Purchase Payments and Contract Value Transfers.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Guard Strategy</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one of the Crediting
                Methods described in section 4, Valuing Your Contract. The Index Guard Strategy calculates Performance Credits based on Index Returns subject to a Cap and -10% Floor. You can receive negative Performance Credits under this Crediting Method,
                which means you can lose principal and previous earnings. The Index Guard Strategy is more sensitive to smaller negative market movements that persist over time because the -10% Floor reduces the impact of large negative market movements.
                In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the&#160;Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Option</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the index-linked investments
                available to you under the Contract. Each Index Option is the combination of an Index, a Crediting Method, a Term length, and any applicable Buffer or Floor amount.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Option Base</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; an amount we use to
                calculate Performance Credits and the Daily Adjustment. The Index Option Base is initially equal to the amounts you allocate to an Index Option. We reduce the Index Option Base proportionately for withdrawals you take&#160;and any financial
                adviser fees that you choose to have us pay from this Contract (including any withdrawal charge), and deductions we make for Contract fees and expenses; we increase/decrease it by the dollar amount of additional Purchase Payments allocated
                to, transfers into or out of the Index Option, and any Performance Credits.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Option Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; on any Business Day, it
                is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Performance Credits from previous Term End Dates and
                reflects proportional reductions for previous partial withdrawals you take&#160;and any financial adviser fees that you choose to have us pay from this Contract (including any withdrawal charge), and previous deductions we made for Contract fees
                and expenses. On each Business Day, other than the Term Start Date or Term End Date, the Index Option Values also include an increase/decrease from the Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Options Statement</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the account
                statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, Trigger Rates, Caps, and Participation Rates for the Index Options you
                selected. On each Index Anniversary, the statement shows the new Index Values, Performance Credits received, and renewal Trigger Rates, Caps, and Participation Rates that are effective for the next Term for the Index Options you selected
                that have reached their Term End Date. The Index Options Statement also shows any applicable&#160;Buffer or Floor for your selected Index Option(s). For any Index Option you selected that has not reached its Term End Date the statement shows the
                current Index Anniversary&#8217;s Index Option Value, which includes the Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Performance Strategy</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one of the
                Crediting Methods described in section 4, Valuing Your Contract. This Crediting Method offers 1-year, 3-year, and 6-year Terms. The Index Performance Strategy calculates Performance Credits based on Index Returns subject to any applicable
                Participation Rate, Cap, and a 10%, 20%, or 30% Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Performance Strategy is more sensitive to
                large negative market movements because small negative market movements are absorbed by the 10%, 20%, or 30% Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance Strategy than
                with the Index Guard Strategy.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one of the
                Crediting Methods described in section 4, Valuing Your Contract. The Index Precision Strategy calculates Performance Credits based on Index Values and Index Returns subject to the Trigger Rate and 10% Buffer. You can receive negative
                Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Precision Strategy may perform best in periods of small positive market movements because the Trigger Rates will generally
                be greater than the Index Protection Strategy and Index Dual Precision Strategy Trigger Rates, but less than the Index Performance Strategy Caps. The Index Precision Strategy is more sensitive to large negative market movements because
                small negative market movements are absorbed by the 10% Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy than with the Index Guard Strategy.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Protection Strategy with Trigger</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; one
                of the Crediting Methods described in section 4, Valuing Your Contract. The Index Protection Strategy with Trigger provides Performance Credits equal to the Trigger Rate on the Term End Date if the current Index Value is equal to or greater
                than the Index Value on the Term Start Date. The Index Protection Strategy </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;7&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">with Trigger provides the most protection because it does not allow negative Performance Credits, and offers the least growth opportunity as Trigger
                Rates will generally be less than Caps, and the Trigger Rates available with the Index Dual Precision Strategy and Index Precision Strategy.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Return</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the percentage change in Index
                Value from the Term Start Date to the Term End Date, which we use to determine the Performance Credits. The Index Return is the Index Value on the Term End Date, minus the Index Value on the Term Start Date, divided by the Index Value on
                the Term Start Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; an Index&#8217;s closing market price
                at the end of the Business Day on the Term Start Date and Term End Date as provided by Bloomberg or another market source if Bloomberg is not available.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Year</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a twelve-month period beginning
                on the Index Effective Date or a subsequent Index Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Issue Date</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the date we issue the Contract.
                The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Joint Owners</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the two person(s) designated
                at Contract issue and named in the Contract who may exercise all rights granted by the Contract. Joint Owners must be spouses within the meaning of federal tax law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Lock Date</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; this is the Business Day we
                execute a Performance Lock and capture an Index Option Value (which </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">includes</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">the Daily Adjustment) before the Term End Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Maximum Anniversary Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the highest
                Contract Value on any Index Anniversary before age 91, increased by the dollar amount of subsequent Purchase Payments, and reduced proportionately for subsequent withdrawals you take (including any withdrawal charge), used to determine the
                Maximum Anniversary Value Death Benefit as discussed in section 10. All withdrawals you take reduce your Maximum Anniversary Value, even Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this
                Contract. Deductions we make for Contract fees and expenses other than the withdrawal charge do not reduce the Maximum Anniversary Value. These deductions will, however, reduce the Contract Value we use to calculate the Maximum Anniversary
                Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Maximum Anniversary Value Death Benefit</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; an
                optional benefit described in section 10 that has an additional rider fee and is intended to potentially provide a death benefit greater than the Traditional Death Benefit. The Maximum Anniversary Value Death Benefit can only be added to a
                Contract at issue.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Non-Qualified Contract</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a Contract that is not
                purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Owner</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; &#8220;you,&#8221; &#8220;your&#8221; and &#8220;yours.&#8221; The
                person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Participation Rate</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; may allow you to receive
                more than the Index Return if the Index Return is positive, but the Participation Rate cannot boost Index Returns beyond any declared Cap. We do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> apply the Participation Rate if the Index Return is zero or negative. We do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> apply the Participation Rate annually. The Participation Rate is only available on the Index Performance Strategy
                3-year and 6-year Terms. The Participation Rate is not available on Index Performance Strategy 1-year Terms. We set Participation Rates on each Term Start Date. The Participation Rates applicable to your Contract are shown on the Index
                Options Statement.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Payee</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the person or entity who receives
                Annuity Payments during the Annuity Phase.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Penalty-Free Withdrawals</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; withdrawals you take
                that are not subject to a withdrawal charge. Penalty-Free Withdrawals include withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and RMD payments you take under our minimum distribution program.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Performance Credit</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the return you receive on
                a Term End Date from the Index Options. We base Performance Credits on Index Values and Index Returns after application of any Participation Rate up to the Cap, any Trigger Rate, or any Buffer or Floor. Performance Credits cannot be
                negative with the Index Protection Strategy with Trigger Index Options. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">However, Performance Credits can be negative with the Index Dual&#160;Precision
                Strategy,&#160;Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy Index Options.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">If Performance Credits are negative,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">you can lose principal and previous earnings.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Performance Lock</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a feature that allows you to
                capture the current Index Option Value during the Term. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. After the Lock Date, Daily Adjustments do not apply to
                a locked Index Option for the remainder of the Term and the locked </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Index Option Value will not receive a Performance Credit on the Term End Date. We will not execute a Performance Lock on Index Protection Strategy
                with Trigger Index Options if the Daily Adjustment is zero.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Proxy Investment</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; provides a current
                estimate of what the Performance Credit will be on the Term End Date taking into account any applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate. We use the Proxy Investment to calculate the Daily Adjustment on Business
                Days other than the Term Start Date or Term End Date. For more information, see Appendix B.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Proxy Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the hypothetical value of the
                Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Purchase Payment</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the money you put into the
                Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Qualified Contract</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; a Contract purchased
                under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred to as TSA/403(b)
                Contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs. We may also issue an Inherited IRA and Inherited Roth IRA to make any
                required minimum distribution payments to a beneficiary of a previously held tax-qualified arrangement.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Quarterly Contract Anniversary</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the day that
                occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Separate Account</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; Allianz Life Variable
                Account B is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life. The Separate Account holds the shares of the AZL Government Money Market Fund subaccount
                that underlies the Contracts. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money Market
                Fund. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Service Center</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the area of our company that
                issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications, and/or checks for Purchase
                Payments may be different and is also listed at the back of this prospectus.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Term </font><font style="color: #000000; font-family: Times New Roman;">&#8211; The period of time, from the Term
                Start Date to the Term End Date, in which we measure Index Return to determine Performance Credits.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Term End Date &#8211; </font><font style="color: #000000; font-family: Times New Roman;">The day on which a Term ends
                and we apply Performance Credits. A Term End Date may only occur on an Index Anniversary. If a Term End Date does not occur on a Business Day, we consider it to occur on the next Business Day.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Term Start Date &#8211; </font><font style="color: #000000; font-family: Times New Roman;">The day on which a Term
                begins and we set the Trigger Rates, Caps, and Participation Rates for an Index Option. A Term Start Date may only occur on the Index Effective Date or an Index Anniversary. If a Term Start Date does not occur on a Business Day, we consider
                it to occur on the next Business Day. However, if you execute a Performance Lock and then request an Early Reallocation, the Term Start Date will be the Business Day we receive your Early Reallocation request in Good Order.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Traditional Death Benefit</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the guaranteed
                death benefit automatically provided by the Contract for no additional fee described in section 10.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Trigger Rate</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; this is the positive Performance
                Credit you receive on a Term End Date for any Index Option with the Index Protection Strategy with Trigger, Index Dual Precision Strategy, or Index Precision Strategy. You receive the Trigger Rate on the Term End Date if the current Index
                Value is equal to or greater than the Index Value on the Term Start Date. For the Index Dual Precision Strategy, you also receive the Trigger Rate if the Index Return is negative and the loss is less than or equal to the Buffer. For the
                Index Protection Strategy with Trigger, you will not receive a negative Performance Credit if the Index Value decreases from the Term Start Date to the Term End Date. For the Index Dual Precision Strategy and the Index Precision Strategy,
                you will receive a negative Performance Credit if the Index Value decreases from the Term Start Date to the Term End Date and the decrease is greater than the Buffer. On each Term Start Date, we set a Trigger Rate for each Index Option with
                the Index Protection Strategy with Trigger, Index Dual Precision Strategy, and Index Precision Strategy. The Trigger Rates provide predefined upside potential. The Trigger Rates applicable to your Contract are shown on the Index Options
                Statement.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Valid Claim</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the documents we require to be received in Good
                Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified copy of the death certificate, a
                decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Variable Account Value</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; on any Business Day,
                it is the value of the shares in the AZL Government Money Market Fund subaccount which holds your Purchase Payments until the Index Effective Date or the next Index Anniversary. The Variable Account Value increases and decreases based on
                the performance of the AZL Government Money Market Fund and reflects deduction of the fund&#8217;s operating expenses, any previous deductions we made for Contract fees and expenses, and financial adviser fees that you choose to have us pay from
                this Contract.</font></div>
            <div style="line-height: 10.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Withdrawal Charge Basis</font><font style="color: #000000; font-family: Times New Roman;"> &#8211; the total amount
                under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses &#8211; Withdrawal Charge.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;10&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 13.0pt; margin-top: 12pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Important Information
                You Should Consider About the Contract</font><font style="color:#000000;font-family:Arial;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z2bda9b6c6ec24520956f8dcea4d35e27" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:28pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">FEES AND
                            EXPENSES</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Prospectus</font></div>
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Location</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:273.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Charges</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">for Early</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Withdrawals</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If you withdraw money from the Contract within six years of your
                            last Purchase Payment, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">you will be assessed a withdrawal charge of up to 8.5% of the
                            Purchase Payment </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">withdrawn, declining to 0% over that time period. For example, if
                            you invest $100,000 in the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract and make an early withdrawal, you could pay a withdrawal
                            charge of up to $8,500.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">In addition, if you take a full or partial withdrawal (including
                            financial adviser fees that you </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">choose to have us pay from this Contract) from an Index Option on a
                            date other than the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Term End Date, a Daily Adjustment will apply to the Index Option
                            Value that is available for </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">withdrawal. The Daily Adjustment also applies if before the Term End
                            Date you execute a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Lock, annuitize the Contract, we pay a death benefit, or
                            we deduct Contract </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">fees and expenses. The Daily Adjustment may be negative depending on
                            the applicable </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Crediting Method. You will lose money if the Daily Adjustment is
                            negative.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:6.5pt;">Index Dual&#160;Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:19.0pt;">and Index Performance Strategy</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">. Daily Adjustments under these Crediting Methods </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">may be positive, negative, or equal to zero. A negative Daily
                            Adjustment will result in a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">loss. In extreme circumstances, a negative Daily Adjustment could
                            result in a loss </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">beyond the protection of the 10%, 20%, or 30% Buffer; or -10%
                            Floor, as applicable. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">The maximum potential loss from a negative Daily Adjustment is:
                            -99% for the Index </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">Dual&#160;Precision Strategy, Index Precision Strategy, and Index
                            Performance Strategy; </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">and -35% for the Index Guard Strategy.&#160;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:19.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:6.5pt;">Index Protection Strategy with Trigger</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">. Daily Adjustments under this
                            Crediting </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:19.0pt;">Method may be positive or equal to zero, but cannot be negative.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Fee Tables</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">4. Valuing Your</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Contract</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">6. Expenses</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Appendix B &#8211; </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Daily</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Adjustment</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:27pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transaction</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Charges</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Other than withdrawal charges and Daily Adjustments that may apply
                            to withdrawals and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">other transactions under the Contract, there are no other
                            transaction charges.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Not Applicable</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:82pt;">
                    <td rowspan="5" style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ongoing</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Fees and</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Expenses</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(annual</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">charges)</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">The table below describes the fees and expenses that you may pay </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;margin-left:0.0pt;">each year</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, depending </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">on the options you choose. Please refer to your Contract
                            specifications page for information </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">about the specific fees you will pay </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;margin-left:0.0pt;">each year</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> based on the options you
                            have elected. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">These ongoing fees and expenses do not reflect any financial adviser
                            fees paid to a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Financial Professional from your Contract Value or other assets of
                            the Owner. If such </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">charges were reflected, these ongoing fees and expenses would be
                            higher.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                      </div>
                    </td>
                    <td rowspan="5" style="padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:11pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Fee Tables</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">6. Expenses</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Appendix E &#8211; </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Variable</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Investment</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Option Under</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">the Contract</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Annual Fee</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Minimum</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Maximum</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Base Contract</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">(1)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.01%</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.01%</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:38pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Investment Options</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">(2)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(Variable Investment Option fees and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">expenses)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.88%</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.88%</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:38pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Optional Benefits Available for an Additional </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Charge</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">(3)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(for a single optional benefit, if elected)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.20%</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:85pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.20%</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:23pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:9pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;margin-left:0.0pt;position:relative;top:-3.25pt;">(1)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                      <div style="line-height:9pt;text-align:left;margin-top:-9pt;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:12.0pt;">As a percentage of the Charge Base, plus an amount attributable to
                            the estimated contract maintenance </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:12.0pt;">charge based on expected Contract sales.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:9pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;margin-left:0.0pt;position:relative;top:-3.25pt;">(2)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                      <div style="line-height:9pt;text-align:left;margin-top:-9pt;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:12.0pt;">An amount attributable to the estimated contract maintenance charge
                            based on expected Contract sales.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:20pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:2pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:9pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;margin-left:0.0pt;position:relative;top:-3.25pt;">(3)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                      <div style="line-height:9pt;text-align:left;margin-top:-9pt;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:12.0pt;">As a percentage of the Charge Base. This is the current charge for
                            the Maximum Anniversary Value Death </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:12.0pt;">Benefit.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;11&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_5065d72b-31f5-4c94-9e71-3fc884c1b76a_2"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z737a1a05c2364e418cb4d2c8cfc3a6e8" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:28pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">FEES AND
                            EXPENSES</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Prospectus</font></div>
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Location</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:99pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Because your Contract is customizable, the choices you make affect
                            how much you will </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">pay. To help you understand the cost of owning your Contract, the
                            following table shows the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">lowest and highest cost you could pay each year, based on current
                            charges. This estimate </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">assumes that you do not take withdrawals from the Contract, </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">which if taken from the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual&#160;Precision Strategy,&#160;Index Precision
                            Strategy, Index Guard Strategy, and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance Strategy Index Options could
                            result in substantial losses due to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">the application of negative Daily Adjustments</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"> </div>
                      </div>
                    </td>
                    <td style="padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:27pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Lowest Annual Cost:</font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">$853</font></div>
                      </div>
                    </td>
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:170pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Highest Annual Cost:</font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">$1,047</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4.5pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:126pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:173pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assumes:</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">Investment of $100,000 in the AZL </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Government Money Market Fund (even </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">though you cannot select the fund for </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">investment)</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">5% annual appreciation</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">Traditional Death Benefit</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">No additional Purchase Payments, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">transfers, or withdrawals</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">No financial adviser fees</font></div>
                      </div>
                    </td>
                    <td colspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:170pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Assumes:</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:11pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">Investment of $100,000 in the AZL </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Government Money Market Fund (even </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">though you cannot select the fund for </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">investment)</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">5% annual appreciation</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">Maximum Anniversary Value Death </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Benefit with a 0.20% rider fee</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">No additional Purchase Payments, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">transfers, or withdrawals</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.5pt;">No financial adviser fees</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">RISKS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:27pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk of</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Loss</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">You can lose money by investing in the Contract, including loss of
                            principal and previous </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">earnings.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk Factors</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:225pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Not a</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Short-Term</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Investment</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;This Contract is not a short-term investment and is not
                            appropriate if you need ready </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">access to cash.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Considering the benefits of tax deferral and long-term income, the
                            Contract is generally </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">more beneficial to investors with a long investment time horizon.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Withdrawals are subject to income taxes, and may also be subject
                            to a 10% additional </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">federal tax for amounts withdrawn before age 59&#8202;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If within six years after we receive a Purchase Payment you take a
                            full or partial </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawal (including financial adviser fees that you choose to
                            have us pay from this </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract), withdrawal charges will apply. A withdrawal charge will
                            reduce your Contract </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value or the amount of money that you actually receive. Withdrawals
                            may reduce or end </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract guarantees.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Amounts invested in an Index Option must be held in the Index
                            Option for the full Term </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">before they can receive a Performance Credit. We apply a Daily
                            Adjustment if before the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Term End Date you take a full or partial withdrawal (including
                            financial adviser fees that </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">you choose to have us pay from this Contract), annuitize the
                            Contract, execute a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Performance Lock, we pay a death benefit, or we deduct Contract
                            fees and expenses.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The Traditional Death Benefit may not be modified, but it will
                            terminate if you take </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawals that reduce both the Contract Value and Guaranteed
                            Death Benefit Value to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">zero. Withdrawals may reduce the Traditional Death Benefit&#8217;s
                            Guaranteed Death Benefit </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value by more than the value withdrawn and could end the
                            Traditional Death Benefit.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk Factors</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">4. Valuing Your</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Contract</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">10. Death Benefit</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Appendix B &#8211; </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Daily Adjustment</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:79pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risks</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Associated</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">with</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Investment</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Options</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;An investment in the Contract is subject to the risk of poor
                            investment performance and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">can vary depending on the performance of the AZL Government Money
                            Market Fund and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Index Options available under the Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The AZL Government Money Market Fund and each Index Option has its
                            own unique </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">risks.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;You should review the AZL Government Money Market Fund prospectus
                            and disclosures, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">including risk factors, before making an investment decision.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk Factors</font></div>
                      </div>
                    </td>
                  </tr>

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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;12&#8201;</font></div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zbb1b380b7ded4502bac2ad1f9a343084" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:28pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">RISKS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Prospectus</font></div>
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Location</font></div>
                      </div>
                    </td>
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                  <tr style="height:60pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Insurance</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Company</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risks</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">An investment in the Contract is subject to the risks related to us.
                            All obligations, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">guarantees or benefits of the Contract are the obligations of
                            Allianz Life and are subject to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">our claims-paying ability and financial strength. More information
                            about Allianz Life, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">including our financial strength ratings, is available upon request
                            by visiting </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">allianzlife.com/about/financial-ratings, or contacting us at (800)
                            624-0197.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk Factors</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">RESTRICTIONS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:291pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Investments</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Certain Index Options may not be available under your Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;You cannot allocate Purchase Payments to the AZL Government Money
                            Market Fund. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">The sole purpose of the AZL Government Money Market Fund is to hold
                            Purchase </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Payments until they are transferred to your selected Index Options.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We restrict additional Purchase Payments during the Accumulation
                            Phase. Each Index </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Year, you cannot add more than your initial amount (i.e., all
                            Purchase Payments received </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">before the first Quarterly Contract Anniversary of the first
                            Contract Year) without our prior </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">approval.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not accept additional Purchase Payments during the Annuity
                            Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We typically only allow assets to move into the Index Options on
                            the Index Effective Date </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and on subsequent Index Anniversaries as discussed in section 3,
                            Purchasing the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract &#8211; Allocation of Purchase Payments and Contract Value
                            Transfers. However, if </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">you execute a Performance Lock and request Early Reallocation, we
                            will move assets </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">into an Index Option on the Business Day we receive your Early
                            Reallocation request in </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Good Order.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;You can typically transfer Index Option Value only on Term End
                            Dates. However, you can </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">transfer assets out of an Index Option Value before the Term End
                            Date by executing a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Performance Lock as discussed in section 4, Valuing Your Contract &#8211;
                            Performance Locks.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not allow assets to move into an established Index Option
                            until the Term End Date. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">If you request to allocate a Purchase Payment into an established
                            Index Option on an </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Anniversary that is not a Term End Date, we will allocate
                            those assets to the same </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option with a new Term Start Date.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We reserve the right to substitute the AZL Government Money Market
                            Fund. We also </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">reserve the right to discontinue accepting new allocations into
                            specific Index Options and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">to substitute Indexes either on a Term Start Date or during a Term.
                            We also reserve the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">right to decline any or all Purchase Payments at any time on a
                            nondiscriminatory basis.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Risk Factors</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">3. Purchasing the</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Contract</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">4. Valuing Your</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Contract</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">5. AZL</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Government</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Money Market</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Fund</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Appendix A &#8211;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Available Indexes</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:60pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Optional</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefits</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The optional Maximum Anniversary Value Death Benefit may not be
                            modified. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Withdrawals may reduce the Maximum Anniversary Value Death
                            Benefit&#8217;s Guaranteed </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Death Benefit Value by more than the value withdrawn and will end
                            the Maximum </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Anniversary Value Death Benefit if the withdrawals reduce both the
                            Contract Value and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Guaranteed Death Benefit Value to zero.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">10. Death Benefit</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:16pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">TAXES</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:112pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Tax</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Implications</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Consult with a tax professional to determine the tax implications
                            of an investment in and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawals from or payments received under the Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If you purchased the Contract through a tax-qualified plan or
                            individual retirement account </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(IRA), you do not get any additional tax benefit under the
                            Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Generally, earnings under a Non-Qualified Contract are taxed at
                            ordinary income rates </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">when withdrawn, and may also be subject to a 10% additional federal
                            tax for amounts </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawn before age 59</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Generally, distributions from Qualified Contracts are taxed at
                            ordinary income tax rates </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">when withdrawn, and may also be subject to a 10% additional federal
                            tax for amounts </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawn before age 59</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">11. Taxes</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;13&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_5065d72b-31f5-4c94-9e71-3fc884c1b76a_4"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z862a7877ddb74c39b0b0a6be5c42cc14" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:28pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;text-transform:uppercase;">CONFLICTS OF
                            INTEREST</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Prospectus</font></div>
                        <div style="margin-left:4.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Location</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:82pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Investment</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Professional</font></div>
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Compensation</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Your Financial Professional may receive compensation for selling
                            this Contract to you, in </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the form of commissions, additional cash benefits (e.g., cash
                            bonuses), and non-cash </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">compensation. We and/or our wholly owned subsidiary distributor may
                            also make marketing </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">support payments to certain selling firms for marketing services and
                            costs associated with </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract sales. This conflict of interest may influence your
                            Financial Professional to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">recommend this Contract over another investment for which the
                            Financial Professional is </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">not compensated or compensated less.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">12. Other</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Information &#8211;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Distribution</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:46pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:69.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Exchanges</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:343pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Some Financial Professionals may have a financial incentive to offer
                            you a new contract in </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">place of the one you already own. You should only exchange your
                            contract if you determine, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">after comparing the features, fees, and risks of both contracts,
                            that it is better for you to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">purchase the new contract rather than continue to own your existing
                            contract.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:81.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">12. Other</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Information &#8211;</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Distribution</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 1.0pt;"> </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;14&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 13.0pt; margin-top: 12pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Overview of the
                Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold;">What Is the Purpose of the Contract?</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Index Advantage+ NF</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Times New Roman;"> is a product that offers Index Options and allows you to defer taking regular fixed periodic payments </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(Annuity Payments)</font><font style="color: #000000; font-family: Times New Roman;"> to a future date. Under the Contract, you make one or more Purchase Payments.
                Each Purchase Payment is first invested for a limited time in the AZL Government Money Market Fund and then transferred to the Index Option(s) that you select for investment. Depending on several factors (e.g., Index Options you select,
                market conditions, and timing of any withdrawals), your Contract can gain or lose value. When you are ready to receive a guaranteed stream of income under your Contract, you can annuitize your accumulated assets and begin receiving Annuity
                Payments from us based on the payout option you select </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(Annuity Options)</font><font style="color: #000000; font-family: Times New Roman;">. The Contract
                includes for no additional charge a standard death benefit (the Traditional Death Benefit), or for an additional rider fee you may select the optional death benefit (the Maximum Anniversary Value Death Benefit) to replace the standard death
                benefit. Both death benefits help to financially protect your beneficiaries.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We designed the Contract for people who are looking for a death benefit for a period of time, and a level of protection for your
                principal investment while providing potentially higher returns than are available on traditional fixed annuities. In addition, you should have a long investment time horizon and your financial goals should be otherwise consistent with the
                terms and conditions of the Contract. This Contract is not intended for someone who is seeking complete protection from downside risk, seeking unlimited investment potential, or expecting to take withdrawals that will not be subject to
                withdrawal charges or Daily Adjustments (i.e., a person that does not need access to Contract Value within six&#160;years after we receive a Purchase Payment, or before an Index Option's Term End Date). If you have Index Options with different
                Term End Dates, there may be no time you can take a withdrawal without application of at least one Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We offer other annuity contracts that may address your investment and retirement needs. These contracts include other registered
                index-linked annuities and fixed index annuities. These annuity products offer different features and benefits that may be more appropriate for your needs, including allocation options, fees and/or expenses that are different from those in
                the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms may not offer and/or limit offering of certain features and benefits, as well as
                limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity contracts, please contact your Financial Professional.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The product or certain product features may not be available in all states, or may vary in your state (such as the free look). For
                more information see Appendix D - Material Contract Variations by State. Availability of Index Options may vary by financial intermediary. You can obtain information on which Index Options are available to you by calling (800) 624-0197, or
                from your Financial Professional.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;15&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_2"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold;">What Are the Phases of the Contract?</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract has two phases: (1) an Accumulation Phase, and (2) an Annuity Phase.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Accumulation Phase.</font><font style="color: #000000; font-family: Times New Roman;"> This is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, your money is invested under the Contract on a tax-deferred basis. Tax deferral may not be
                    available for certain non-individually owned contracts. Tax deferral means you are not taxed on any earnings or appreciation on the assets in your Contract until you take money out of your Contract. In addition, during this phase, you
                    can make additional Purchase Payments, you can take withdrawals, and if you die we pay a death benefit to your named Beneficiary(s).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 5.5pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract Value may fluctuate up or down during the Accumulation Phase based on the performance of your
                selected Index Options and the AZL Government Money Market Fund.</font></div>
            <div>
              <div style="clear:both;margin-top:5.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Options.</font><font style="color: #000000; font-family: Times New Roman;"> You may allocate your Purchase Payments to any or all of the Index Options available under your Contract. There are currently 43 Index Options based on different combinations of five credit calculation methods </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(Crediting Methods)</font><font style="color: #000000; font-family: Times New Roman;">, four nationally recognized third-party broad based equity securities price
                    return Indexes&#160;and an exchange-traded fund, and three Term periods for measuring Index performance. Each Index Option is the combination of an Index, a Crediting Method, a Term length, and any applicable Buffer or Floor amount.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 0.0pt; margin-top: 6.0pt;"> </div>
            <div style="margin-top:6pt;">
              <table cellspacing="0" cellpadding="0" id="zdb142fd0197c4163ba6bfb96c9163eed" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:63pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:140.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Currently Available</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Crediting Methods, Term </font></div>
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Lengths, and</font></div>
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Negative Index Performance </font></div>
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Protection</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:164pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Currently</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Available Indexes</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:189.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Positive Index Performance</font></div>
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Participation Limit</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:60pt;">
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                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Protection Strategy</font></div>
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                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
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                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0.10% minimum Trigger Rate</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:60pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:140.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision Strategy</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1-year Term with 10% Buffer</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(available only to Contracts issued on or </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">after November 14, 2023)</font></div>
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                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Nasdaq-100</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;EURO STOXX 50</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;iShares</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> MSCI Emerging Markets ETF</font></div>
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                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0.10% minimum Trigger Rate</font></div>
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                    </td>
                  </tr>
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                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Precision Strategy</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1-year Term with 10% Buffer</font></div>
                      </div>
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                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:164pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
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                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0.10% minimum Trigger Rate</font></div>
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                    </td>
                  </tr>
                  <tr style="height:60pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:140.5pt;">
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                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy</font></div>
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                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Nasdaq-100</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;EURO STOXX 50</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;iShares</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> MSCI Emerging Markets ETF</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0.10% minimum Cap</font></div>
                      </div>
                    </td>
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                  <tr style="height:71.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:140.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance Strategy</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1-year Term with 10%, 20%, or </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">30% Buffer</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(20% and 30% Buffers available only to </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Contracts issued on or after November </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">14, 2023)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:164pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Nasdaq-100</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;EURO STOXX 50</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;iShares</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> MSCI Emerging Markets ETF</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0.10% minimum Cap</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Can be &#8220;uncapped&#8221; (i.e., we do not declare a </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Cap for that Term)</font></div>
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                    </td>
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                  <tr style="height:37pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:140.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance Strategy</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">3-year Term with 10% or 20% </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Buffer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:164pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;2% minimum Cap</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Can be uncapped</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;100% minimum Participation Rate</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:58.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:140.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance Strategy</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">6-year Term with 10% or 20% </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Buffer</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(20% Buffer available only to Contracts </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">issued on or after November 14, 2023)</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:164pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:189.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;5% minimum Cap</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Can be uncapped</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;100% minimum Participation Rate</font></div>
                      </div>
                    </td>
                  </tr>

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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;16&#8201;</font></div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_3"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt; margin-left: 28pt;"><font style="color: #000000; font-family: Times New Roman;">Your initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates for your selected Index Options and
                their Buffer or Floor are stated in your Index Options Statement, which is the account statement we mail to you on the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Term
                Start Date and Term End Date for your selected Index Options. We use these Index Values to determine Index Returns and Performance Credits. The Buffer or Floor for all currently available Index Options are stated in your Contract. The
                Buffer or Floor for the currently available Index Options will not change for the life of the Contract. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">More detailed information
                about the Index Options is included in section</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">4,



                Valuing Your Contract.</font></div>
            <div>
              <div style="clear:both;margin-top:5.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">AZL Government Money Market Fund.</font><font style="color: #000000; font-family: Times New Roman;"> We hold your Purchase Payments in the AZL Government Money Market Fund until we transfer them to the Index Options in accordance with your instructions. You cannot choose to allocate Purchase Payments to
                    the AZL Government Money Market Fund. The AZL Government Money Market Fund is an underlying mutual fund with its own investment objective, strategies, and risks. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">For more information, please see Appendix E - Variable Investment Option Under the Contract.</font></div>
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              <div style="clear:both;margin-top:5.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Annuity Phase.</font><font style="color: #000000; font-family: Times New Roman;"> If you request Annuity Payments, the Accumulation Phase ends and the </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Annuity Phase</font><font style="color: #000000; font-family: Times New Roman;"> begins. Annuity Payments are fixed payments we make based on the Annuity Option you select and your Contract Value (which reflects any previously deducted Contract fees and expenses)&#160;less final rider fee
                    (if applicable). Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer need immediate access to Contract Value to meet their
                    short-term income needs.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 5.5pt;"><font style="color: #000000; font-family: Times New Roman;">During the Annuity Phase, you will receive a stream of regular income in the form of Annuity Payments. You will
                be unable to take withdrawals upon demand, your selected death benefit ends, and no amounts will be payable upon death during the Annuity Phase unless your Annuity Option provides otherwise.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold;">What Are the Contract&#8217;s Primary Features?</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Accessing Your Money.</font><font style="color: #000000; font-family: Times New Roman;"> During the Accumulation Phase, you can surrender (take a full withdrawal) the Contract or take partial withdrawals. Withdrawals may be subject to negative Daily Adjustments, are subject to a withdrawal
                    charge and income taxes, and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Additional Purchase Payments.</font><font style="color: #000000; font-family: Times New Roman;"> Subject to the limitations described in this prospectus, we continue to accept additional Purchase Payments under the Contracts during the Accumulation Phase. However, we may terminate your
                    ability to make additional Purchase Payments in the future. We only allow additional Purchase Payments to move into Index Options on Index Anniversaries. As a result, we hold Purchase Payments we receive on days other than an Index
                    Anniversary in the AZL Government Money Market Fund and such Purchase Payments are not available to receive Performance Credits until we transfer them to your selected Index Options. We do not allow assets to move into an established
                    Index Option until the Term End Date. If you request to allocate a Purchase Payment into an established Index Option on an Index Anniversary that is not a Term End Date, we will allocate those assets to the same Index Option with a new
                    Term Start Date.</font></div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Death Benefits.</font><font style="color: #000000; font-family: Times New Roman;"> The Contract&#8217;s death benefit is paid upon the first death of any Determining Life during the Accumulation Phase. The Contract includes for no additional charge a standard death benefit </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(the Traditional Death Benefit)</font><font style="color: #000000; font-family: Times New Roman;">. At the time of purchase, you may select the optional death
                    benefit </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(the Maximum Anniversary Value Death Benefit)</font><font style="color: #000000; font-family: Times New Roman;"> to replace the standard
                    death benefit for an additional rider fee. Either death benefit is the greater of Contract Value, or the Guaranteed Death Benefit Value. Unlike the Traditional Death Benefit, however, the Maximum Anniversary Value Death Benefit locks in
                    any annual investment gains as part of the Guaranteed Death Benefit Value to potentially provide a death benefit greater than the Traditional Death Benefit (which is based on Purchase Payments). The Maximum Anniversary Value Death
                    Benefit cannot be less than the Traditional Death Benefit, but they can be equal.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;17&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_4"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Withdrawal Charge Waivers.</font><font style="color: #000000; font-family: Times New Roman;"> Under the free withdrawal privilege, you may withdraw up to 10% of your total Purchase Payments each Contract Year during the Accumulation Phase without incurring a withdrawal charge. Upon a full
                    withdrawal, the free withdrawal privilege is not available to you. We do not apply a withdrawal charge to deductions we make for Contract fees or expenses. In most states (see Appendix D),&#160;the waiver of withdrawal charge benefit&#160;allows
                    you to take a withdrawal after the first Contract Year without incurring a withdrawal charge if after the first Contract Anniversary you begin confinement&#160;for care in an eligible facility for at least 90 days in a 120-day period, or are
                    unable to perform at least two activities of daily living. Also, if you own an IRA, Simplified Employee Pension (SEP)&#160;IRA, Inherited IRA, or&#160;Inherited Roth IRA Contract, payments you take under our minimum distribution program (RMD
                    payments) are not subject to a withdrawal charge. The minimum distribution program is not available if you have a qualified plan Contract. Withdrawals under these waivers are still subject to income taxes (and may also be subject to a
                    10% additional federal tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">), and to the Daily Adjustment if taken other than on a Term End Date, and may
                    reduce Contract benefits (perhaps significantly and by more than the amount withdrawn).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Deduction of Financial Adviser Fees.</font><font style="color: #000000; font-family: Times New Roman;"> If you have a financial adviser and want to pay their financial adviser fees from this Contract, you can instruct us to withdraw the fee from your Contract and pay it to your
                    Financial Professional or Financial Professional&#8217;s firm as instructed. The deduction of financial adviser fees is in addition to this Contract&#8217;s fees and expenses, and the deduction is treated the same as any other withdrawal under the
                    Contract. As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, and to the Daily Adjustment if taken other than on a Term End Date, will reduce the Contract Value and Guaranteed Death Benefit Value
                    (perhaps significantly and by more than the amount withdrawn), are subject to income taxes (and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">). </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please consult with your Financial Professional before requesting us to pay financial
                    adviser fees from this Contract rather than from other assets you may have.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 13.0pt; margin-top: 12.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Fee



                Tables</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or
                making withdrawals from the Contract. Please refer to your Contract specifications page for information about the specific fees you will pay each year&#160;based on the options you have elected. These tables do not reflect any financial adviser
                fees that you pay from your other assets, or that you choose to have us pay from this Contract. If financial adviser fees were reflected, fees and expenses would be higher.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The first table describes the fees and expenses that you will pay at the time that you buy the Contract,
                surrender or make withdrawals from the Contract, or transfer Contract Value between investment options. State premium taxes may also be deducted.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Transaction Expenses</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Withdrawal Charge During Your Contract&#8217;s First Phase, the Accumulation Phase</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">(1)</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; margin-left: 0%;">(as a percentage of each Purchase Payment withdrawn)</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">(2)</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z1603387373a34944b96363b0175d43d2" style="empty-cells:show;margin-left:163.65pt;width:166.69pt;">

                  <tr style="height:34.75pt;">
                    <td style="padding-bottom:1.75pt;padding-top:1.75pt;vertical-align:Bottom;width:86.53pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:-2pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Number of Complete</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Years Since</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Purchase Payment</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.75pt;padding-top:1.75pt;vertical-align:Bottom;width:80.16pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Withdrawal Charge</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Amount</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.75pt;">
                    <td style="padding-bottom:2pt;padding-top:1.75pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.75pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">8.5%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">1</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">8%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">2</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">7%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">3</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">6%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">4</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">5%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:86.53pt;">
                      <div style="line-height:12pt;margin-left:-2pt;margin-right:4pt;text-align:right;width:80.53pt;">
                        <div style="display:flex;margin:auto;width:6.56pt;">
                          <div style="display:flex;white-space:nowrap;width:6.56pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">5</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">4%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="padding-bottom:1pt;padding-top:2pt;vertical-align:Top;width:86.53pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:-2pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">6 years or more</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1pt;padding-top:2pt;vertical-align:Top;white-space:nowrap;width:80.16pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:74.16pt;">
                        <div style="display:flex;margin:auto;width:20.69pt;">
                          <div style="display:flex;white-space:nowrap;width:20.69pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:6.84pt;">0%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;18&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_5"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:0%;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="za87211714d7a4275896fe292f41f4d34" style="empty-cells:show;width:494pt;">

                  <tr style="height:46.5pt;">
                    <td style="padding-bottom:3.5pt;padding-top:3.5pt;vertical-align:Bottom;width:217.18pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:108.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:1pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Protection Strategy</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">with Trigger</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:129.88pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Dual&#160;Precision Strategy,</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Precision Strategy,</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">and</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Performance Strategy</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:38.75pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Guard</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Strategy</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.5pt;">
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;width:217.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Daily Adjustment Maximum Potential Loss</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:108.18pt;">
                      <div style="line-height:12pt;margin-left:3pt;margin-right:6pt;text-align:right;width:99.18pt;">
                        <div style="display:flex;margin:auto;width:13.85pt;">
                          <div style="display:flex;white-space:nowrap;width:13.85pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:129.88pt;">
                      <div style="line-height:12pt;margin-left:6pt;margin-right:6pt;text-align:right;width:117.88pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">99%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:38.75pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:32.75pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">35%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:35pt;">
                    <td style="padding-top:2pt;vertical-align:Top;width:217.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;">(as a percentage of Index Option Value, applies for </font></div>
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18pt;">distributions from an Index Option before any Term </font></div>
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18pt;">End Date)</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">(3)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:108.18pt;">
                      <div style="line-height:0.5pt;margin-left:3pt;margin-right:6pt;text-align:right;width:99.18pt;">
                        <div style="display:flex;margin:auto;width:13.85pt;">
                          <div style="display:flex;white-space:nowrap;width:13.85pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:129.88pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:117.88pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:38.75pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;text-align:right;width:32.75pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The Contract provides a free withdrawal privilege that allows you to withdraw 10% of
                    your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money &#8211; Free Withdrawal Privilege.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(2)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The Withdrawal Charge Basis is the total amount under your Contract that is subject to
                    a withdrawal charge, as discussed in section 6, Expenses &#8211; Withdrawal Charge.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(3)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">This shows the maximum potential loss due to the application of the Daily Adjustment
                    (e.g., maximum loss could occur if there is a total distribution within a Term at a time when the Index price has declined to zero). The Daily Adjustment could result in a loss beyond the protection of the 10%, 20%, or 30% Buffer; or
                    -10% Floor. The Daily Adjustment applies if before the Term End Date you take a full or partial withdrawal&#160;(including any financial adviser fees that you choose to have us pay from this Contract), execute a Performance Lock, annuitize
                    the Contract, we pay a death benefit, or when we deduct Contract fees or expenses. The actual Daily Adjustment calculation is determined by a formula described in Appendix B.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The next table describes the fees and expenses that you will pay each year during the time that you own the
                Contract (not including AZL Government Money Market Fund fees and expenses). If you purchased the optional Maximum Anniversary Value Death Benefit, you pay additional charges, as shown below.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Annual Contract Expenses</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z3bb25367b1e9464aafb4ddce0e626297" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:26.5pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:3pt;padding-top:3pt;vertical-align:Top;width:453.25pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Administrative Expenses (or contract maintenance charge)</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">(1)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10.0pt;">(per year)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;padding-bottom:3pt;padding-top:3pt;vertical-align:Top;width:40.75pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.00pt;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">50</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:24.5pt;">
                    <td style="padding-bottom:2pt;padding-top:3pt;vertical-align:Top;width:453.25pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Optional Benefit Expenses &#8211; Maximum Anniversary Value
                            Death Benefit</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10.0pt;">(as a percentage of the Charge Base)</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:3pt;vertical-align:Top;width:40.75pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Right;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.20%</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Referred to as the &#8220;contract maintenance charge&#8221; in the Contract and elsewhere in this
                    prospectus. Waived if the Contract Value is at least $100,000. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each Annuity Payment. See the section 6, Expenses &#8211; Contract Maintenance Charge
                    (Administrative Expenses).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The next table shows the total operating expenses charged by the AZL Government Money Market Fund that you may
                pay periodically during the time that you own the Contract. More information about the AZL Government Money Market Fund, including its annual expenses, may be found in Appendix E &#8211; Variable Investment Option Under the Contract. The Index
                Options do not have operating expenses, and are therefore not included in the following table.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Annual Expenses of the AZL Government Money Market Fund</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z4d8e1894deab406db183f901d1cccd3d" style="empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
                    <td style="vertical-align:Top;width:467.75pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(expenses that are deducted from the fund's assets, including management fees,</font></div>
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;">distribution and/or service (12b-1) fees, and other expenses)</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;white-space:nowrap;width:26.25pt;">
                      <div style="line-height:12pt;margin-left:3pt;text-align:right;width:23.25pt;">
                        <div style="display:flex;margin:auto;width:25.25pt;">
                          <div style="display:flex;white-space:nowrap;width:25.25pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.88%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Example</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">This Example is intended to help you compare the cost of investing in the Contract with the cost of investing in
                other variable annuity contracts. The Example is based on an investment solely in the AZL Government Money Market Fund even though you cannot allocate Purchase Payments directly to the fund. The costs include transaction expenses, annual
                Contract expenses, and annual expenses of the AZL Government Money Market Fund. These costs do not include any financial adviser fees that you pay from your other assets, or that you choose to have us pay from this Contract.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;19&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_6"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The Example assumes that you invest $100,000 in the Contract for the time periods indicated. The Example also assumes that your
                investment has a 5% return each year&#160;and that you elected the Maximum Anniversary Value Death Benefit. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z79fca3a38ddb429f8871a52bbbc5e207" style="empty-cells:show;margin-left:24pt;width:446pt;">

                  <tr style="height:9.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Bottom;width:261.94pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Bottom;width:40.08pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:7pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">1 Year</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Bottom;width:47.64pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:7pt;margin-right:7pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">3 Years</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Bottom;width:47.64pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:7pt;margin-right:7pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">5 Years</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Bottom;width:48.71pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:7pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">10 Years</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:24pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:261.94pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(1) If you surrender your Contract (take a full withdrawal) at the end of </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;">the applicable time period.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:40.08pt;">
                      <div style="line-height:12pt;margin-left:6pt;margin-right:9pt;text-align:right;width:25.08pt;">
                        <div style="display:flex;margin:auto;width:27.08pt;">
                          <div style="display:flex;white-space:nowrap;width:27.08pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:27.08pt;">9,599</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">10,435</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">10,968</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:48.71pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:3pt;text-align:right;width:33.71pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">13,270</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:24pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:261.94pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(2) If you annuitize your Contract at the end of the applicable time </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;">period.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:40.08pt;">
                      <div style="line-height:12pt;margin-left:6pt;margin-right:9pt;text-align:right;width:25.08pt;">
                        <div style="display:flex;margin:auto;width:27.08pt;">
                          <div style="display:flex;white-space:nowrap;width:27.08pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:27.08pt;">N/A*</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">3,435</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">5,968</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:48.71pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:3pt;text-align:right;width:33.71pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">13,270</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11.5pt;">
                    <td style="padding-top:2.5pt;vertical-align:Top;width:261.94pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">(3) If you do not surrender your Contract.</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:40.08pt;">
                      <div style="line-height:12pt;margin-left:6pt;margin-right:9pt;text-align:right;width:25.08pt;">
                        <div style="display:flex;margin:auto;width:27.08pt;">
                          <div style="display:flex;white-space:nowrap;width:27.08pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:27.08pt;">1,099</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">3,435</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:47.64pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:9pt;text-align:right;width:29.64pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">5,968</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;white-space:nowrap;width:48.71pt;">
                      <div style="line-height:12pt;margin-left:9pt;margin-right:3pt;text-align:right;width:33.71pt;">
                        <div style="display:flex;margin:auto;width:31.64pt;">
                          <div style="display:flex;white-space:nowrap;width:31.64pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:31.64pt;">13,270</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
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              <div style="clear:both;margin-top:9pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 4pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">*</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 14pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The earliest available Annuity Date is the second Index Anniversary.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 13.0pt; margin-top: 10pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Risk



                Factors</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract involves certain risks that you should understand before investing. You should carefully consider your income needs and
                risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ depending on the Index Options you choose.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Liquidity Risks</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We designed the Contract to be a long-term investment that you can use to help build and provide income for retirement. The Contract
                is not suitable for short-term investment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you need to take a full or partial withdrawal during the withdrawal charge period, or when we deduct any financial adviser fees
                that you choose to have us pay from this Contract, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in
                special circumstances. If you need to withdraw most or all of your Contract Value in a short period, you will exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal
                charge, see the Fee Tables and section 6, Expenses &#8211; Withdrawal Charge.)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate the withdrawal charge as a percentage of your Purchase Payments, not Contract Value. Consequently, if the Contract Value
                has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the withdrawal charge percentage. For example, assume you buy the Contract with a
                single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total withdrawal charge would be $50 (5% of $1,000). This results in you receiving $750.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">In addition, upon a full withdrawal the free withdrawal privilege is not available to you, and we apply a withdrawal charge against
                Purchase Payments that are still within their withdrawal charge period, including&#160;amounts previously withdrawn under the free withdrawal privilege. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">On a
                full withdrawal your Withdrawal Charge Basis may be greater than your Contract Value because the following reduce your Contract Value, but do not reduce your Withdrawal Charge Basis: deductions we make for prior Penalty-Free Withdrawals and
                Contract fees or expenses; and/or poor performance.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Amounts withdrawn from this Contract are subject to income taxes, and may also be subject to a 10% additional federal tax for amounts
                withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We only apply Performance Credits to the Index Options once each Term on the Term End Date, rather than on a daily basis. In the
                interim, we calculate Index Option Values based on the Daily Adjustment. The AZL Government Money Market Fund is not subject to the Daily Adjustment. Any assets removed from an Index Option during the Term for withdrawals you take
                (including Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract), Annuity Payments, or deductions we make for Contract fees and expenses, or if we pay a death benefit, will not be
                eligible to receive a Performance Credit on the Term End Date. These removed assets will not receive the full benefit of the Index Value, Index Return, and the 10%, 20%, or 30% Buffer; or -10% Floor that would have been available on the
                Term End Date, and losses could exceed the protection offered by the 10%, 20%, or 30% Buffer; or -10% Floor. You will receive a Performance Credit only on the Index Option Value remaining in an Index Option on the Term End Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">You can typically transfer Index Option Value among the Index Options only on Term End Dates. At other times, you can only move
                assets out of an Index Option by taking a full or partial withdrawal, or entering the Annuity Phase. However, </font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;20&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">you can transfer assets out of an Index Option before the Term End Date by executing a Performance Lock. Once an Index Option is locked, you can
                transfer assets out of it on the Index Anniversary that occurs on or immediately after the Lock Date. For a 3-year or 6-year Term Index Option this means you can transfer out of the locked Index Option before the Term End Date by executing
                a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term.&#160;You can also transfer assets out of any locked Index Option, including 1-year Term Index Options,
                before the Term End Date by requesting an Early Reallocation. You can only execute two Early Reallocations each Index Year, but each request can involve multiple locked Index Options. These restrictions may limit your ability to react to
                changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks of Investing in Securities</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Returns on securities and securities Indexes can vary substantially, which may result in investment losses. The historical
                performance of the available Index Options and the AZL Government Money Market Fund does not guarantee future results. It is impossible to predict whether underlying investment values will fall or rise. Trading prices of the securities
                underlying the Index Options and the AZL Government Money Market Fund are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and interrelated factors. These factors can affect capital markets
                generally and markets on which the underlying securities are traded and these factors can influence the performance of the underlying securities.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Index Option returns depend on the performance of an Index although you are not directly invested in the Index. Because the S&amp;P
                500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index, Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index, Nasdaq-100</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index, EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> and iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF are each comprised of a collection of equity securities, in each case the value of the
                component securities is subject to market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes rapidly and unpredictably. In addition, the value of equity securities may
                decline for reasons directly related to the issuers of the securities.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> Index</font><font style="color: #000000; font-family: Times New Roman;">. The
                S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is comprised of equity securities issued by
                large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high growth rate of successful smaller companies.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> Index</font><font style="color: #000000; font-family: Times New Roman;">. The
                Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is comprised of equity securities of
                small-capitalization U.S. companies. In general, the securities of small-capitalization companies may be more volatile and may involve more risk than the securities of larger companies.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Nasdaq-100</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> Index</font><font style="color: #000000; font-family: Times New Roman;">. The
                Nasdaq-100</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is comprised of equity securities of the
                largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To the extent that the Nasdaq-100</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is comprised of securities issued by companies in a particular sector, that company&#8217;s securities may not
                perform as well as companies in other sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets
                (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;">. EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> is comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising
                EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> are subject to the risks related to investments
                in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European markets and actions of the European Union.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> MSCI Emerging Markets ETF</font><font style="color: #000000; font-family: Times New Roman;">. The iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF seeks to
                track the investment results of the MSCI Emerging Markets Index, which is designed to measure equity market performance in the global emerging markets. The underlying index may include large-and mid-capitalization companies. iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF is an exchange-traded fund. The performance of
                the iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF may not replicate the
                performance of, and may underperform the underlying index. The price of the iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF will reflect expenses and fees that will reduce its relative performance. Moreover, it is also possible that the iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF may not fully replicate or may, in certain circumstances, diverge significantly from the
                performance of the underlying index. Additional information about iShares</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> MSCI Emerging Markets ETF is available on the SEC&#8217;s website at sec.gov and copies of that information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.
                Please note that this information is not prepared by us and may be intended for shareholders of the ETF. You will not be a shareholder of the ETF by investing in an Index </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;21&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Option that is linked to the performance of the ETF. You may also request additional information about the ETF from our Service Center or your
                Financial Professional.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zfca1f271e65f43078636e06b74078edd" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">In recent years, the financial markets have experienced periods of
                            significant volatility and negative returns, contributing </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">to an uncertain and evolving economic environment. The performance of
                            the markets has been impacted by several </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">interrelating factors such as, but not limited to, the COVID-19
                            pandemic, geopolitical turmoil, rising inflation, changes in </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">interest rates, and actions by governmental authorities. It is not
                            possible to predict future performance of the markets. </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">Depending on your individual circumstances (e.g., your selected Index
                            Options and the timing of any Purchase </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">Payments, transfers, or withdrawals), you may experience (perhaps
                            significant) negative returns under the Contract. You </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">should consult with a Financial Professional about how recent market
                            conditions may impact your future investment </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">decisions related to the Contract, such as purchasing the Contract or
                            making Purchase Payments, transfers, or </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">withdrawals, based on your individual circumstances.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risk of Negative Returns</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AZL Government Money Market Fund does not provide any protection against loss of principal. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you allocate Purchase Payments or transfer Contract Value to an Index Option with the Index Dual&#160;Precision Strategy,&#160;Index
                Precision Strategy, Index Guard Strategy, or Index Performance Strategy, negative Index Returns may cause Performance Credits to be either negative after application of the 10%, 20%, or 30% Buffer, or negative down to the -10% Floor. For
                the Index Performance Strategy, we apply the Buffer for the entire Term length; we do not apply the Buffer annually on a 3-year or&#160;6-year Term Index Option. Ongoing deductions we make for Contract fees and expenses could also cause amounts
                available for withdrawal to be less than what you invested even if Index performance has been positive. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You can lose principal and
                previous earnings if you allocate Purchase Payments or transfer Contract Value to the Index Options with the Index Dual&#160;Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, and such losses could
                be significant. If you allocate Purchase Payments or transfer Contract Value to the Index Options with the Index Protection Strategy with Trigger you can also lose principal and previous earnings if you do not receive the
                Performance&#160;Credit, or if the Contract fees and expenses are greater than the Performance&#160;Credit. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The maximum potential negative Performance Credit for
                the Index Performance Strategy and Index Precision Strategy is based on the Buffer. If the Buffer is 10%, the maximum negative Performance Credit is -90%; if the Buffer is 20%, the maximum negative Performance Credit is -80%; and if the
                Buffer is 30%, the maximum negative Performance Credit is -70%. The maximum potential negative Performance Credit for the Index Guard Strategy is the -10% Floor. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Such losses will be greater if you take a withdrawal&#160;(including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract
                fees and expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment is how we calculate Index Option Values on Business Days other than the Term Start Date or Term End Date. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">The AZL Government Money Market Fund is not subject to the Daily Adjustment.</font><font style="color: #000000; font-family: Times New Roman;"> The
                Daily Adjustment can affect the amounts available for withdrawal, Performance Locks, annuitization, payment of the death benefit, and the Contract Value used to determine the contract maintenance charge&#160;and Charge Base for the rider fee.
                The Daily Adjustment can be less than the Trigger Rate or Cap even if the current Index return during the Term is greater than the Trigger Rate or Cap. In addition, even though the current Index return during the Term may be positive, the
                Daily Adjustment may be negative due to changes in Proxy Value inputs, such as volatility, dividend yield, and interest rate. However, the Daily Adjustment for the Index Protection Strategy with Trigger cannot be negative. The Daily
                Adjustment is generally negatively affected by:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">interest rate decreases,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">dividend rate increases,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">poor market performance, and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the expected volatility of Index prices. Increases in the expected volatility of Index prices
                    negatively affect the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy with 1-year Terms, while decreases in the expected volatility of Index prices negatively affect the Index Guard Strategy. For
                    the Index Performance Strategy 3-year and 6-year Term Index Options, the impact of changes in the expected volatility of Index prices is dependent on the market environment and the applicable Caps and Participation Rates. For the Index
                    Protection Strategy with Trigger, the impact of changes in the expected volatility of Index prices is dependent on the market environment.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;22&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_9"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment for Index Options with a Term length of more than 1-year (3-year and 6-year Term Index Options and Early Reallocation to a 1-year
                Term Index Option) may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length. Also, the risk of a negative Daily Adjustment is greater for Index
                Options with a Term length of more than 1-year than for 1-year Term Index Options due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment
                than Index Options either without a Participation Rate, or with a&#160;Participation Rate equal to 100%. For shorter Term lengths, there is more certainty in both the final Index Values and how Caps and Buffers determine Performance Credits.
                This means there may be less fluctuation in the Daily Adjustment due to changes in Index return for Index Options with shorter Term lengths.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you take a withdrawal from an Index Option with the Index Dual Precision Strategy,&#160;Index Precision Strategy, Index Guard
                Strategy, or Index Performance Strategy before the Term End Date, </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">you could lose principal and previous earnings because of the Daily Adjustment </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">even if Index performance is positive on that day or has been positive since the Term Start Date</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">. If the current Index return during the Term is negative, the Daily Adjustment for these Index Options could result in losses greater than the protection provided by the 10%, 20%, or 30% Buffer; or -10%
                Floor.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">In extreme circumstances the Daily Adjustment could result
                in a loss beyond the protection of the Buffer or Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual&#160;Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the
                Index Guard Strategy. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Such losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to
                have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract fees and expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with Calculation of Performance Credits</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate Performance Credits each Term on the Term End Date. Because we calculate Index Returns only on a single date in time,
                you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term. If you allocate Purchase Payments or transfer Contract Value to the Index
                Options with Index Protection Strategy with Trigger, positive returns are limited by the Trigger Rates. You are not subject, however, to potential negative Performance Credits. The Trigger Rates on the&#160;Index Dual Precision Strategy and
                Index Precision Strategy Index Options, and the Caps on the Index Guard Strategy and Index Performance Strategy Index Options also limit positive returns and could cause performance to be lower than it would otherwise have been if you
                invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable Index. For the Index Performance Strategy, we apply the Cap and any Participation Rate for the entire Term length; we do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">apply the Cap and any Participation Rate annually on a 3-year or 6-year Term Index Option.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Index Options do not directly participate in the returns of the Indexes or the Indexes&#8217; component securities, and do not
                receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual average of the annual Index returns without and with dividends would
                have been as follows:</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zae5bd2ac94644e1b871ad513a49e831c" style="empty-cells:show;width:494pt;">

                  <tr style="height:11pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Bottom;width:165.57pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="5" style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:328.43pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:-2pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">January 1, 2012 through December 31, 2022</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:27pt;">
                    <td style="padding-bottom:4pt;padding-top:1.5pt;vertical-align:Bottom;width:165.57pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:49.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:62.51pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Nasdaq-100</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:66.19pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:55.68pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">EURO</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">STOXX 50</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:94.74pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">iShares</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;"> MSCI</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Emerging Markets ETF</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;width:165.57pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Returns without dividends</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:49.31pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:37.31pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">11.56</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:62.51pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:50.51pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">17.69</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:66.19pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:54.19pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">8.95</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:55.68pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.68pt;">
                        <div style="display:flex;margin:auto;width:17.96pt;">
                          <div style="display:flex;white-space:nowrap;width:17.96pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:17.96pt;">4.47</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:94.74pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;text-align:right;width:88.74pt;">
                        <div style="display:flex;margin:auto;width:20.68pt;">
                          <div style="display:flex;white-space:nowrap;width:20.68pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:20.68pt;">-0.14</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;width:165.57pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Returns with dividends</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;white-space:nowrap;width:49.31pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:37.31pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">13.70</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;white-space:nowrap;width:62.51pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:50.51pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">18.96</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;white-space:nowrap;width:66.19pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:54.19pt;">
                        <div style="display:flex;margin:auto;width:22.52pt;">
                          <div style="display:flex;white-space:nowrap;width:22.52pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:22.52pt;">10.38</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;white-space:nowrap;width:55.68pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.68pt;">
                        <div style="display:flex;margin:auto;width:17.96pt;">
                          <div style="display:flex;white-space:nowrap;width:17.96pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:17.96pt;">8.04</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.375pt;padding-top:1.375pt;vertical-align:Top;white-space:nowrap;width:94.74pt;">
                      <div style="line-height:13.0pt;margin-left:6pt;text-align:right;width:88.74pt;">
                        <div style="display:flex;margin:auto;width:20.68pt;">
                          <div style="display:flex;white-space:nowrap;width:20.68pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:20.68pt;">1.97</font></div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;width:auto;">%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">Trigger Rates, Caps, and Participation Rates may be adjusted on the next Term Start Date and may vary significantly from Term to
                Term. Changes to Trigger Rates, Caps, and Participation Rates may significantly affect the amount of Performance Credit you receive. For more information, see the &#8220;Risks Associated with&#160;Changes to&#160;Trigger Rates, Caps, and Participation
                Rates&#8221; discussion later in this section.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Crediting Methods only capture Index Values on the Term Start Date and Term End Date, so you will bear the risk that the Index
                Value might be abnormally low on these days.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;23&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_10"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with Performance Locks and Early Reallocations</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If a Performance Lock is executed:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">You will no longer participate in Index performance, positive or negative, for the remainder of
                    the Term for the locked Index Option. This means that under no circumstances will your Index Option Value increase during the remainder of the Term for a locked Index Option, and you will begin a new Index Option&#160;with a new Term Start
                    Date on the next Index Anniversary that occurs on or immediately after the Lock Date&#160;unless you execute an Early Reallocation&#160;(if available to you).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">You will not receive a Performance Credit on any locked Index Option on the Term End Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We use the Daily Adjustment calculated at the end of the </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">current</font><font style="color: #000000; font-family: Times New Roman;"> Business Day on the Lock Date to determine your locked Index Option Value. This
                    means you will not be able to determine in advance your locked Index Option Value, and it may be higher or lower than it was at the point in time you requested a Performance Lock. This means that if you request a Performance Lock your
                    Index Option Value will lock at an unknown future value which may be higher or lower than it was when you requested a Performance Lock. If you set targets, your Index Option Value may lock at a higher value than an upper target you set,
                    or may lock at a lower value than a lower target you set. You may request a Performance Lock or set upper and/or lower targets through your account on our website.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If a Performance Lock is executed when your Daily Adjustment has declined, you will lock in any
                    loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the Index Option was not locked.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We will not execute a Performance Lock on Index Protection Strategy with Trigger Index Options if
                    the Daily Adjustment is zero.&#160;This may limit your ability to take advantage of the benefits of the Early Reallocation feature.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">There are limits on Early Reallocations. We do not accept Early Reallocation requests within 14
                    calendar days before an Index Anniversary; and you are limited to two Early Reallocation requests each Index Year, but each request can involve multiple locked Index Options. After your second Early Reallocation request in an Index
                    Year, any locked Index Options will remain locked until the next Index Anniversary. These limitations mean you may not be able to take advantage of any increases to Early Reallocation rates, or any advantageous changes to Index values
                    that may become available at the optimal time. This may limit your return potential. Early Reallocation is available for amounts allocated to any Index Option, subject to the restrictions described in this prospectus.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Early Reallocation Trigger Rates, Caps, and Participation Rates you receive may be less than the
                    Early Reallocation rates that become available later in the Index Year, or the renewal rates available on the next Index Anniversary. This may limit your return potential.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z61ca11c40bfb4ae38684d7fbc86d9c22" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">We will not provide advice or notify
                            you regarding whether you should execute a Performance Lock&#160;or Early </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Reallocation or the optimal time for
                            doing so. We will not warn you if you execute a Performance Lock&#160;or Early </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Reallocation at a sub-optimal time.
                            We are not responsible for any losses related to your decision whether or not to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">execute a Performance Lock&#160;or Early
                            Reallocation.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with Substitution of an Index&#160;and Limitation on Further Investments</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">There is no guarantee that the Indexes will be available during the entire time that you own your Contract. Once we add an Index to
                your Contract, we cannot remove it without simultaneously substituting it. For the Index Options, if we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to
                receive positive Performance Credits. We may substitute a new Index for an existing Index if:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Index is discontinued,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">we are unable to use the Index because, for example, changes to an Index make it impractical or
                    expensive to purchase derivative hedging instruments to hedge the Index, or we are not licensed to use the Index,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the method of calculation of the Index Values changes substantially, resulting in significantly
                    different Index Values and performance results. This could occur, for example, if an Index altered the types of securities tracked, or the weighting of different categories of securities, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">we determine in our sole discretion that the substitution is necessary due to unanticipated events
                    outside of our direct control. This might include other events similar to those listed above, other changes to the Index (such as name or ownership changes) that legally may be considered a substitution, or a breach by the Index
                    provider of the Index intent or performance expectations.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If we add or substitute an Index, we first seek any required regulatory approval from each applicable state insurance regulator and
                then provide you with written notice. We also provide you with written notice if an Index changes its name. </font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;24&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_11"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Index substitutions can occur either on a Term Start Date or during a Term. If we substitute an Index during a Term we will combine the return of the
                previously available substituted Index from the Term Start Date to the substitution date with the return of the new Index from the substitution date to the Term End Date. If we substitute an Index during a Term:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">we do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> change the Charge Base we use to calculate the rider fee, and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Buffers, Floors, Trigger Rates, Caps, and Participation Rates for the substituted Index will
                    apply to the new Index. We do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> change the Buffers,
                    Floors, Trigger Rates, Caps, or Participation Rates that were in effect on the Term Start Date.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Similarly, if we substitute an Index on a Term Start Date, the applicable Buffer, Floor, and minimum Trigger Rate, Cap, or
                Participation Rate will not change.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Changes to Trigger Rates, Caps, and Participation Rates associated with the new Index, if any, may occur at the next regularly
                scheduled Term Start Date, subject to their respective minimums. Depending on the constitution of the substituted Index, the volatility of its investments, and our ability to hedge the Index&#8217;s performance, we may determine, in our
                discretion, to increase or decrease renewal Trigger Rates, Caps, and Participation Rates associated with the new Index, subject to their respective minimums. However, we would not implement any change to reflect this difference until the
                next Term Start Date after the substitution. The substitution of an Index during a Term may result in an abnormally large change in the Daily Adjustment on the day we substitute the Index due to changes in Proxy Value inputs (such as
                volatility, dividend yield, and interest rate). However, you would only be affected by this change in the Daily Adjustment if a normal transaction to which the Daily Adjustment applies (such as a withdrawal you take) occurs on the
                substitution date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The selection of a substitution Index is in our discretion; however, it is anticipated that any substitute Index will be
                substantially similar to the Index it is replacing and we will substitute any equity Index with a broad-based equity index.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may also discontinue accepting new allocations into a specific Index Option at any time.&#160;</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with&#160;Changes to&#160;Trigger Rates, Caps, and Participation Rates</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The 10%, 20%,&#160;and 30% Buffers, and -10% Floors for the currently available Index Options do not change. However, if we add a new
                Index Option to your Contract after the Issue Date, we establish the Buffer or Floor for it on the date we add the Index Option to your Contract. For a new Index Option the minimum Buffer is 5% and the minimum Floor is -25%.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Subject to their respective minimums, we establish the initial Trigger Rates, Caps, and Participation Rates for a newly issued
                Contract on the Index Effective Date and they cannot change until the next Term Start Date. You select the Index Effective Date when you purchase your Contract. It can be any Business Day from the Issue Date up to and including the first
                Quarterly Contract Anniversary, but it cannot be the 29th, 30th, or 31st of a month.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">You should be aware that, generally, initial Trigger Rates, Caps, and Participation Rates could change every seven
                calendar days. However, these rates are guaranteed to be available during the period stated on our website at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">allianzlife.com/RILAratesnf</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> and cannot be superseded until that period ends. If you select an Index Effective Date that is within the guaranteed period for the initial rates that are available
                for review on the date you signed your application, you will receive the initial rates that were available on the date you signed your application. However, if you select an Index Effective Date that is after this guaranteed period, you are
                subject to the risk that initial Trigger Rates, Caps, and Participation Rates may change and be less advantageous to you. You are responsible for reviewing the initial rates before your Index Effective Date to ensure your allocations and
                the product still meet your needs. Furthermore, if your Index Effective Date is after the end of the free look period and you cancel the Contract, you will receive the Cash Value. On or before the Index Effective Date, the Daily Adjustment
                does&#160;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">&#160;apply. You may review future
                rates at least seven calendar days before their effectiveness at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">allianzlife.com/RILAratesnf</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">. You (or your Financial Professional, if authorized) can change your Index Effective Date at any time before it occurs to be an earlier or later date by submitting a request.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We can change the renewal Trigger Rates, Caps, and Participation Rates for an existing Contract on each new Term Start Date subject
                to the guaranteed minimums, in our discretion.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We will send you a letter at least 30 days before each Index Anniversary. This letter advises you that current Trigger Rates, Caps,
                and Participation Rates are expiring, and that renewal rates for the next Term Start Date will be available for your review. The Index Anniversary letter also reminds you of your opportunity to transfer&#160;your Index Option Values on the
                upcoming Term End Date. On each Term End Date, you have the option of remaining allocated to your current Index Options at the renewal Trigger Rates, Caps, and Participation Rates that we set on the next Term Start Date, or transferring to
                another permitted Index Option. At least seven calendar days before each Index Anniversary we publish renewal rates </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;25&#8201;</font></div>
          </div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">for the next Term Start Date for your review in your account on our website, and on our public website at allianzlife.com/RILAratesnf. If you do not
                review renewal change information when it is published, or take no action to transfer to another permitted Index Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal Trigger
                Rates, Caps, and Participation Rates until the next Term End Date.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You risk the possibility that the renewal Trigger Rates, Caps, and Participation Rates you receive may be less than you would find
                acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day) or you
                will be subject to these renewal Trigger Rates, Caps, and Participation Rates for the next Term. When&#160;your renewal rates change the only options available to you are to transfer Index Option Value between Index Options, or take a full
                withdrawal (which is subject to a withdrawal charge).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you execute a Performance Lock you may be able to request an Early Reallocation and begin a new Index Option with a new Term
                Start Date and a new Trigger Rate, Cap, or Participation Rate before the next Index Anniversary. We can change Early Reallocation Trigger Rates, Caps, and Participation Rates for an existing Contract subject to the guaranteed minimums, in
                our discretion. We publish Early Reallocation rates at least seven calendar days before the end of the current Early Reallocation offering period for your review in your account on our website. If you do not execute an Early Reallocation,
                you will remain allocated to your current locked Index Options until the Index Anniversary that occurs on or immediately after the Lock Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates may vary significantly depending upon a
                variety of factors, including:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">market volatility,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">our hedging strategies and investment performance,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the availability of hedging instruments,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the amount of money available to us through Contract fees and expenses to purchase hedging
                    instruments,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">your Index Effective Date,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the level of interest rates,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">utilization of Contract benefits by Owners, and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">our profitability goals.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Due to a combination of factors, including potential changes in interest rates and other market conditions (e.g. rising inflation),
                the current economic environment is evolving. The future impact on initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates cannot be predicted with certainty. The effect of a change in interest rates or other
                market conditions may not be direct or immediate. There may be a lag in changes to Trigger Rates, Caps, and Participation Rates. Interest rates could increase. In a rising interest rate environment, increases in Trigger Rates, Caps, and
                Participation Rates, if any, may be substantially slower than increases in interest rates.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We manage our obligation to provide Performance Credits in part by trading call and put options, and other derivatives on the
                available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal and Early Reallocation Trigger Rates, Caps, and Participation Rates to reflect these cost
                changes. The primary factor affecting the differences in the initial Trigger Rates, Caps, and Participation Rates for newly issued Contracts and renewal and Early Reallocation rates for existing Contracts is the difference in what we can
                earn from these investments for newly issued Contracts versus what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce initial, renewal, and Early
                Reallocation Trigger Rates, Caps, and Participation Rates, or we may need to substitute an Index. You bear the risk that we may reduce Trigger Rates, Caps, and Participation Rates, which reduces your opportunity to receive positive
                Performance Credits.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with Investment in Derivative Hedging Instruments</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Index Options are supported by bonds and other fixed income securities which are also used to support the Contract guarantees,
                cash, and derivative hedging instruments used to hedge the movements of the applicable Index.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">At Contract issue, we invest a substantial majority of the initial Contract Value in fixed income securities, with most of the
                remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and support our obligations with regard to the Index Options. The derivative hedging instruments we
                purchase include put options, call options, futures, swaps, and other derivatives.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;26&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">We currently limit our purchase of derivative hedging instruments to liquid securities. However, like many types of derivative hedging instruments,
                these securities may be volatile and their price may vary substantially. In addition, because we pay Performance Credits regardless of the performance of derivative hedging instruments we purchase, we may incur losses on hedging mismatches
                or errors in hedging. We may incur additional costs if the costs of our hedging program increase due to market conditions or other factors. Our overall experience with hedging securities may affect renewal Trigger Rates, Caps, and
                Participation Rates for existing Contracts.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks of Deducting Financial Adviser Fees from the Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you have an investment adviser and want to pay their financial adviser fees from this Contract, you can instruct us to withdraw
                the fee from your Contract and pay it to your adviser. Once authorized by you, the investment adviser requests each fee payment by submitting a letter of instruction that includes the fee amount. The deduction of financial adviser fees is
                in addition to this Contract&#8217;s fees and expenses, and the deduction is treated the same as any other withdrawal under the Contract. As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, will reduce the
                Contract Value dollar for dollar and Guaranteed Death Benefit Value proportionately (perhaps significantly and by more than the amount withdrawn), are subject to income taxes (and may also be subject to a 10% additional federal tax for
                amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">). </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets you may have.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Risks Associated with Our Financial Strength and Claims-Paying Ability</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We make Annuity Payments, and pay death benefits from our general account. Our general account assets are subject to claims by our
                creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability. We apply Performance Credits from an unregistered, non-unitized, non-insulated separate account (</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Separate Account IANA</font><font style="color: #000000; font-family: Times New Roman;">). Like our general account, the assets in Separate Account IANA are subject to
                our general business operation liabilities and the claims of our creditors, and are also subject to our financial strength and claims-paying ability. For more information on Separate Account IANA, see section 12, Other Information &#8211; Our
                Unregistered Separate Account.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Regulatory Protections</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life is not an investment company and therefore we are not registered as an investment company under the Investment Company
                Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however, registered as an investment company. Any allocations you make to an Index Option are not
                part of the Separate Account. Allianz Life is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and does not provide investment advice to you in connection with your Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract is registered in accordance with the Securities Act of 1933 and the offering of the Contract must be conducted in
                accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.</font></div>
            <div style="line-height: 10.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract is filed with and approved by each state in which the Contract is offered. State insurance laws provide a variety of
                regulatory protections.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">1.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">The Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">An annuity is a contract between you as the Owner, and an insurance company (in this case Allianz Life), where you make payments to
                us and we invest that money in the Index Options you select. The AZL Government Money Market Fund holds the money you invest before it is transferred to the Index Options. Depending on market conditions, your Contract may gain or lose value
                based on the returns of your selected Index Options and the AZL Government Money Market Fund. When you are ready to take money out, we make payments to you according to your instructions and any restrictions associated with the payment
                option you select that is described in this prospectus. Other than to add benefits that are beneficial to you, we do not make any changes to your Contract without your permission except as may be required by law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract has an Accumulation Phase and an Annuity Phase.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Accumulation Phase</font><font style="color: #000000; font-family: Times New Roman;"> is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Index Options you select and the AZL Government Money
                Market Fund on a </font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;27&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">tax-deferred basis. Tax deferral may not be available for certain non-individually owned contracts. Tax deferral means you are not taxed on any
                earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 11, Taxes.)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">During the Accumulation Phase you can take withdrawals (subject to any withdrawal charge). You can also make additional Purchase
                Payments subject to the restrictions set out in section 3, Purchase Requirements. The Contract also offers at issue the optional Maximum Anniversary Value Death Benefit for an additional rider fee (see section 10) if all Owners and the
                Annuitant are age 75 or younger on the Issue Date. The Maximum Anniversary Value Death Benefit can only be added to a Contract at issue. The Maximum Anniversary Value Death Benefit potentially provides a death benefit greater than the
                Traditional Death Benefit based on the Maximum Anniversary Value (highest Contract Value on any Index Anniversary before age 91, increased by the dollar amount of subsequent Purchase Payments, and reduced proportionately for subsequent
                withdrawals you take including any withdrawal charge).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you request Annuity Payments, the Accumulation Phase of your Contract ends and you enter the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Annuity Phase</font><font style="color: #000000; font-family: Times New Roman;">. During the Annuity Phase we make regular fixed periodic Annuity Payments based
                on guaranteed period, life, life with a guaranteed period, joint and last survivor, or joint and 2/3 survivor. We send Annuity Payments to the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Payee</font><font style="color: #000000; font-family: Times New Roman;"> (the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity Payments begin, subject to certain
                restrictions. We base Annuity Payments on your Contract Value and the payout rates for the Annuity Option you select. Your Annuity Payments do not change unless an Annuitant dies. The Annuity Phase ends when we make the last Annuity Payment
                under your selected Annuity Option. For more information, see section 8, The Annuity Phase.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">When the Accumulation Phase Ends</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Accumulation Phase ends upon the earliest of the following.</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Business Day we process your request for a full withdrawal.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Business Day before the Annuity Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Upon the death of any Owner (or the Annuitant if the Owner is a non-individual), the Business Day
                    we first receive Valid Claim from any one Beneficiary, unless the surviving spouse/Beneficiary continues the Contract. If there are multiple Beneficiaries, the remaining Contract Value continues to fluctuate with the performance of the
                    Index Options and the AZL Government Money Market Fund until the complete distribution of the death benefit. A </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Valid Claim</font><font style="color: #000000; font-family: Times New Roman;"> is the documents we require to be received in Good Order at our Service Center before we pay any death claim.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Financial Adviser Fees</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you have a financial adviser and want to take a withdrawal from this Contract to pay your financial adviser fee, you can submit a
                written request to our Service Center by completing our third party money management customer authorization of transfer form and fee redemption authorization form. If we approve your request, we withdraw the requested fees and pay them to
                your Financial Professional or Financial Professional&#8217;s firm as instructed. The fee redemption authorization is an agreement between you and your Financial Professional and/or the Financial Professional's firm. The agreement authorizes us
                to deduct financial adviser fees from the Contract and send them to the Financial Professional or the Financial Professional's firm upon written request. You can terminate this agreement at any time by providing us written notice. We retain
                the right to request an updated fee redemption authorization form at any time.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Once authorized by you, the Financial Professional or Financial Professional&#8217;s firm requests each fee payment by submitting a letter
                of instruction that includes the fee amount. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We treat this fee payment as a withdrawal which means it is subject to a withdrawal charge, income taxes,
                and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;">2</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">. The amount of Contract Value available for withdrawal may also be affected by the Daily Adjustment </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">(which can
                be negative).</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">We deduct financial adviser fees (including any
                withdrawal charge) proportionately from each Index Option and the AZL Government Money Market Fund. This withdrawal reduces the Contract Value and the amount available under the free withdrawal privilege by the dollar amount withdrawn. It
                may also reduce your Contract's Guaranteed Death Benefit Value proportionately by the percentage of Contract Value withdrawn, which may reduce this value</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> by more than the amount withdrawn and these reductions could be significant.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If this is a Non-Qualified Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract.
                Financial adviser fees paid from any type of IRA Contract (including IRA, Roth IRA, SEP IRA, Inherited IRA and Inherited Roth IRA) will not be treated as a taxable withdrawal as long as the annuity contract is solely liable for the payment
                of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please
                consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets you may have.</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;28&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_15"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Your financial adviser acts on your behalf, not ours. We are not party to any agreement between you and your financial adviser, nor are we responsible
                for your financial adviser&#8217;s actions. We do not verify that withdrawals for financial adviser fees align with the terms of your agreement with your financial adviser, but we verify that payments are made in accordance with the fee
                redemption authorization agreement you submit to us. We do not set your financial adviser fee or receive any part of it. Any withdrawals for financial adviser fees you pay is in addition to this Contract&#8217;s fees and expenses. We pay sales
                commissions&#160;to the selling firms and their Financial Professionals. The maximum commission payable to the selling firms for Contract sales is expected to not exceed 6% of Purchase Payments. Sometimes, we enter into an agreement with a
                selling firm to pay commissions as a combination of a certain amount of the commission at the time of sale and a trail commission which, when totaled, could exceed 6% of Purchase Payments. Financial Professionals and their managers may also
                be eligible for various benefits such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with our principal underwriter, Allianz Life Financial Services, LLC. You should ask your
                financial adviser about compensation they receive for this Contract. Allianz Life is not an investment adviser, and does not provide investment advice in connection with sales of the Contract. We are not a fiduciary to you, and do not make
                recommendations or assess suitability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can submit a written request to our Service Center on a form satisfactory to us to allow your financial adviser to make Index
                Option transfers and allocation changes on your behalf. However, we reserve the right to review a financial adviser&#8217;s trading history before allowing him or her to make transfers. If, in our sole discretion, we believe the financial
                adviser&#8217;s trading history indicates excessive trading, we can deny your request. If we approve it, your financial adviser is subject to the same trading restrictions that apply to Owners. We can deny or revoke trading authority in our sole
                discretion.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Financial Adviser Fee Deduction Example</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">These calculations show the effects of withdrawing financial adviser fees on the Contract Value and available Guaranteed Death
                Benefit Value. These withdrawals (including any withdrawal charges) immediately reduce the Contract Value on a dollar for dollar basis, and reduce the available Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The example assumes a withdrawal of $5,000 once per year on days that are not Term End Dates to pay financial adviser fees starting
                when the Contract Value is $100,000, the Guaranteed Death Benefit Value under the Traditional Death Benefit is $90,000, and the Guaranteed Death Benefit Value under the Maximum Anniversary Value Death Benefit is $105,000. The first
                withdrawal assumes that there is no amount remaining under the free withdrawal privilege for that year, so that withdrawal is subject to an 8.5% withdrawal charge. Subsequent withdrawals are all taken under the free </font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;29&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">withdrawal privilege. All fractional numbers in these examples have been rounded up to the next whole number. All Contract Value figures reflect the
                Daily Adjustment.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z939580c849874d9d9493a20522a6e8fc" style="empty-cells:show;width:494pt;">

                  <tr style="height:51pt;">
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:147.96pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Financial Adviser Fee</font></div>
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Withdrawal</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:93.03pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Contract</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Value</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Guaranteed Death Benefit</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Value for a Contract with the</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Traditional Death Benefit</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Guaranteed Death Benefit Value</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">for a Contract with the</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Maximum Anniversary Value</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Death Benefit</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Prior to 1</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">st</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 100,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 90,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 105,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$5,000 withdrawal (subject to an</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:4pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">8.5% withdrawal charge)</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,000 &#247; (1 &#8211; 8.5%)]</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Amount withdrawn</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $5,465</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,465 &#247; 100,000) x 90,000]</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,465 &#247; 100,000) x 105,000]</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $4,919</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $5,739</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">After 1</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">st</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 94,535</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 85,081</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 99,261</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="vertical-align:Top;width:147.96pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:121.31pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:131.7pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Prior to 2</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">nd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 97,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 85,081</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 99,261</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$5,000 withdrawal (not subject to a</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:4pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">withdrawal charge)</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $5,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,000 &#247; 97,000) x 85,081]</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,000 &#247; 97,000) x 99,261]</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $4,386</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $5,117</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">After 2</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">nd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 92,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 80,695</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 94,414</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="vertical-align:Top;width:147.96pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:121.31pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:131.7pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Prior to 3</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">rd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 80,0000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 80,695</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 94,414</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:4pt;padding-top:2.5pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$5,000 withdrawal (not subject to a</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $5,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,000 &#247; 80,000) x 80,695]</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; [($5,000 &#247; 80,000) x 94,414]</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">withdrawal charge)</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $5,044</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">= - $5,844</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13pt;">
                    <td style="padding-top:4pt;vertical-align:Top;width:147.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">After 3</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">rd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> years withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-top:4pt;vertical-align:Top;width:93.03pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 75,000</font></div>
                      </div>
                    </td>
                    <td style="padding-top:4pt;vertical-align:Top;width:121.31pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 75,651</font></div>
                      </div>
                    </td>
                    <td style="padding-top:4pt;vertical-align:Top;width:131.7pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 88,260</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">The death benefit is the greater of the Contract Value, or the Guaranteed Death Benefit Value, so the death benefit would be:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">$94,535 Contract Value under the Traditional Death Benefit, or the $99,261 Guaranteed Death
                    Benefit Value under the Maximum Anniversary Value Death Benefit after the first adviser fee deduction.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">$92,000 Contract Value under the Traditional Death Benefit, or the $94,414 Guaranteed Death
                    Benefit Value under the Maximum Anniversary Value Death Benefit after the second adviser fee deduction.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">$75,651 Guaranteed Death Benefit Value under the Traditional Death Benefit, or the $88,260
                    Guaranteed Death Benefit Value under the Maximum Anniversary Value Death Benefit after the third adviser fee deduction.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">When the Contract Ends</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The Contract ends when:</font></div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">all applicable phases of the Contract (Accumulation Phase and/or Annuity Phase) have ended, and/or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">if we received a Valid Claim, all applicable death benefit payments have been made.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 10.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For example, if you take a full withdrawal of the total Cash Value, both the Accumulation Phase and the Contract end even though
                the Annuity Phase never began and we did not make any death benefit payments.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">2.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Ownership, Annuitant, Determining Life,
                Beneficiary, and Payee</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Owner</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Owner designated at Contract issue has all the rights under the Contract. The Owner may be an individual, or a non-individual
                (such as a trust or other entity acting as an agent for a natural person). Qualified Contracts and non-individually owned Contracts can only have one Owner. A </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Qualified Contract</font><font style="color: #000000; font-family: Times New Roman;"> is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;30&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Joint Owner</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A Non-Qualified Contract can be owned by up to two individual Owners </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(Joint Owners)</font><font style="color: #000000; font-family: Times New Roman;">. Joint Owners must be spouses within the meaning of federal tax law. We generally require the signature of both Joint Owners on any
                forms that are submitted to our Service Center.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Annuitant</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Annuitant is the individual on whose life we base Annuity Payments. Subject to our approval, you designate an Annuitant when
                you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a custodial arrangement. You can change the Annuitant on an
                individually owned Non-Qualified Contract at any time before the Annuity Date. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You cannot change the Annuitant if the Owner is a
                non-individual</font><font style="color: #000000; font-family: Times New Roman;">. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any
                plan requirements associated with the Contract. For individually owned Contracts, if the Annuitant who is not an Owner dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the
                Owner can subsequently name another Annuitant.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Designating different persons as Owner(s) and Annuitant(s) can have important impacts on whether a death benefit
                is paid, and on who receives it as indicated below</font><font style="color: #000000; font-family: Times New Roman;">. For more examples, please see the Appendix A to the Form N-4 SAI. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Use care when designating Owners and Annuitants, and consult your Financial Professional if you have questions</font><font style="color: #000000; font-family: Times New Roman;">.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
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                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">UPON THE DEATH OF A SOLE OWNER</font></div>
                      </div>
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                  <tr style="height:16pt;">
                    <td style="padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Bottom;width:247pt;">
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                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Action if the Contract is in the Accumulation Phase</font></div>
                        </div>
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                    <td style="padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Bottom;width:247pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:9pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Action if the Contract is in the Annuity Phase</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:300.75pt;">
                    <td style="padding-top:2.25pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If this is an Inherited IRA Contract the Beneficiary can either:</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">continue to receive RMD payments based on the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">remaining life expectancy of the deceased Owner and the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">Contract Value as of the Business Day we receive a Valid </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">Claim, until ten years after the Owner&#8217;s death at which </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">time we make a lump sum payment, or</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">receive a lump sum payment of the Contract Value as of </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">the Business Day we receive a Valid Claim.</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;For all other Contracts, we pay a death benefit to the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary unless the Beneficiary is the surviving spouse and </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">continues the Contract.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the deceased Owner was a Determining Life and the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">surviving spouse Beneficiary continues the Contract:</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">we increase the Contract Value to equal the Guaranteed </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">Death Benefit Value if greater and available, and the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">death benefit ends,</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">the surviving spouse becomes the new Owner,</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">the Accumulation Phase continues, and</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">upon the surviving spouse&#8217;s death, his or her </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">Beneficiary(s) receives the Contract Value.</font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the deceased Owner was not a Determining Life, the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Traditional Death Benefit&#160;or Maximum Anniversary Value Death </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Benefit are not available and the Beneficiary(s) receives the </font></div>
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract Value.</font></div>
                      </div>
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                    <td style="padding-top:2.25pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The Beneficiary becomes the Payee. If we are still required to </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">make Annuity Payments under the selected Annuity Option, the </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary also becomes the new Owner.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the deceased was not an Annuitant, Annuity Payments to the </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Payee continue. No death benefit is payable.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the deceased was the only surviving Annuitant, Annuity </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Payments end or continue as follows.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">Annuity Option A or C, payments end when the </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">guaranteed period ends.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">Annuity Option B, F, or G, payments end.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:4.5pt;">For more information on the Annuity Options, please see </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:28pt;">section 8.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the deceased was an Annuitant and there is a surviving joint </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Annuitant, Annuity Payments to the Payee continue during the </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">lifetime of the surviving joint Annuitant. No death benefit is </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">payable.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;For a Qualified Contract, the Annuity Payments must end ten </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">years after the Owner&#8217;s death.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Determining Life (Lives)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Determining Life (Lives) are the individuals on whose life we base the Guaranteed Death Benefit Value provided by the
                Traditional Death Benefit&#160;or Maximum Anniversary Value Death Benefit. We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the Determining Life (Lives) are the Owner(s). For a non-individually
                owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">you remove a Joint Owner due to divorce, then we also remove that person as a Determining Life,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;31&#8201;</font></div>
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            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">you add or change a Joint Owner, then&#160;that person will become a Determining Life if they are the
                    current spouse within the meaning of federal tax law&#160;of an existing Owner, or&#160;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">you establish a jointly owned Non-Qualified Contract and change ownership to a Trust, then we
                    remove the prior Owner who is not the Annuitant as a Determining Life.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Beneficiary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Beneficiary is the person(s) or entity you designate to receive any death benefit. You can change the Beneficiary or contingent
                Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die within 120 hours of each other, that Beneficiary&#8217;s interest in this Contract ends unless
                your Beneficiary designation specifies otherwise. If there are no surviving primary Beneficiaries, we pay the death benefit to the contingent Beneficiaries who survive you. If there are no surviving Beneficiaries or if there is no named
                Beneficiary, we pay the death benefit to your estate or the Owner if the Owner is a non-individual.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z6ef482f797d44b16af8682730c10fa33" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:4.15pt;">FOR JOINTLY OWNED CONTRACTS:</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> The sole primary
                            Beneficiary is the surviving Joint Owner regardless of </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">any other named primary Beneficiaries. If both Joint Owners die within
                            120 hours of each other, we pay the death </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">benefit to the named surviving primary Beneficiaries. If there are no
                            named surviving primary Beneficiaries, we pay </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">the death benefit to the named surviving contingent Beneficiaries, or
                            equally to the estate of the Joint Owners if there </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">are no named surviving contingent Beneficiaries.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:1.9pt;">NAMING AN ESTATE AS A BENEFICIARY:</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> If an estate is the
                            Beneficiary, the estate must be the sole primary </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Beneficiary, unless the Spouse is the sole primary Beneficiary. If the
                            Spouse is the sole primary Beneficiary, then an </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">estate can be a contingent beneficiary.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Payee</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Payee is the person or entity who receives Annuity Payments during the Annuity Phase. The Owner receives tax reporting on those
                payments. Generally we require the Payee to be an Owner. However, we may allow you to name a charitable trust, financial institution, qualified plan, or an individual specified in a court order as a Payee subject to our approval. For
                Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Assignments, Changes of Ownership and Other Transfers of Contract Rights</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can assign your rights under this Contract to someone else during the Accumulation Phase. An assignment may be absolute or
                limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the assignee of record to exercise certain Contract rights depending on
                the type of assignment and the rights assigned.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract cannot be assigned without our consent. You must submit your request to assign the Contract in writing to our Service
                Center. We will not consent if the assignment would violate or result in noncompliance with any applicable state or federal law or regulation.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We record the assignment&#160;as of the date you signed the request, unless you specify otherwise. We are not responsible for the
                validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. Assigning the Contract does not change, revoke or replace the originally named
                Annuitant or Beneficiary; if you also want to change the Annuitant or Beneficiary you must make a separate request.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z13cdf9c447b4471ba00afe53dd85ec84" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:38pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.15pt;">An assignment may be a taxable event</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">. In addition, there are other
                            restrictions on changing the ownership of a </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Qualified Contract and Qualified Contracts generally cannot be assigned
                            absolutely or on a limited basis. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">You should </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">consult with your tax adviser before
                            assigning this Contract</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">An assignment will only change the Determining Life (Lives) if it involves removing a Joint Owner due to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">divorce, replacing Joint Owners with a Trust, or adding
                            a Joint Owner if that person is a spouse within the </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">meaning of federal tax law of the existing Owner.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 13.0pt; margin-top: 16pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 16.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">3.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Purchasing the Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Purchase Requirements</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">To purchase this Contract, on the Issue Date all Owners and the Annuitant must be:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">age 85 or younger, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;32&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_19"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">age 75 or younger if you select the Maximum Anniversary Value Death Benefit.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Purchase Payment requirements for this Contract are as follows.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The minimum initial Purchase Payment due on the Issue Date is $10,000.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We restrict additional Purchase Payments.</font><font style="color: #000000; font-family: Times New Roman;"> Each Index Year during the Accumulation Phase you cannot add more than your initial amount without our prior approval. Your initial amount is all Purchase Payments received before the first Quarterly
                    Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. The minimum additional Purchase Payment we will accept is $50.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We do not accept additional Purchase Payments on or after the Annuity Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If this is an Inherited IRA or Inherited Roth IRA Contract, the death benefit proceeds of the
                    previous tax-qualified investment were directly transferred into this Contract, and we do not accept additional Purchase Payments (see section 11, Taxes &#8211; Qualified Contracts &#8211; Inherited IRA).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The maximum total Purchase Payments we accept without our prior approval is $1 million.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may, at our sole discretion, waive the minimum Purchase Payment requirements.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Once we receive your initial Purchase Payment and all necessary information in Good Order at our Service Center, we issue the
                Contract within two Business Days and allocate your payment to the AZL Government Money Market Fund before we transfer it to your selected Index Options. If the Issue Date is the same as the Index Effective Date we allocate your initial
                Purchase Payment to the Index Options. If the Issue Date is not the Index Effective Date we hold your initial Purchase Payment in the AZL Government Money Market Fund before we transfer it to your selected Index Options. If you do not give
                us all of the information we need, we contact you or your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep
                it until we get all of the necessary information. If you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you submit a Purchase Payment and/or application to your Financial Professional, we do not begin processing the payment and/or
                application until we receive it.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We may terminate your ability to make additional Purchase Payments because we reserve the right to decline any
                or all Purchase Payments at any time on a nondiscriminatory basis</font><font style="color: #000000; font-family: Times New Roman;">. This applies to Contracts issued in all states except as disclosed in Appendix D. If mandated under
                applicable law, we may be required to reject a Purchase Payment. We will decline a Purchase Payment we receive on the same Business Day that we receive in Good Order a request for full withdrawal, or Contract cancellation during the free
                look period. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">If we exercise our right to decline additional Purchase Payments, this may limit your ability to fund your Contract&#8217;s guaranteed benefits
                such as the Traditional Death Benefit or Maximum Anniversary Value Death Benefit.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Applications Sent Electronically</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We accept manually signed applications that are in Good Order and are sent by fax, or email, or uploaded to our website. It is
                important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not receive. A manually signed application sent by fax, email or over the
                web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can experience outages or slowdowns which may delay application processing.
                Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written application by mail to our Service Center. We reserve the right to
                discontinue or modify our electronic application policy at any time and for any reason.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Allocation of Purchase Payments and Contract Value Transfers</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zac8e74ef5ed14a68a8275bf92650200e" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We do not accept additional Purchase Payments if you
                            have an Inherited IRA, or Inherited Roth IRA Contract.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">The allocation instructions you provide on your application automatically become your default allocation instructions. We use these
                allocation instructions for all Purchase Payments we receive unless you change them. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">We only allow Purchase Payments to move into the
                Index Options on the Index Effective Date and on subsequent Index Anniversaries.</font><font style="color: #000000; font-family: Times New Roman;"> As a result, we hold Purchase Payments we receive on days other than the Index Effective
                Date or an Index Anniversary in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your most recent allocation instructions. For additional Purchase Payments we receive after the Index
                Effective Date, this transfer </font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;33&#8201;</font></div>
          </div>
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      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_20"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">occurs on the next Index Anniversary. We apply any Purchase Payments we receive on the Index Effective Date or on an Index Anniversary directly to the
                Index Options on that day; these Purchase Payments are not held in the AZL Government Money Market Fund.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">We only allow Index Option Value transfers between Index Options on Term End Dates unless
                you execute a Performance Lock. If you execute a Performance Lock you can transfer out of a locked Index Option to another Index Option on the Index Anniversary that occurs on or immediately after the Lock Date, or on the Business Day we
                execute your request for an Early Reallocation. We do not allow assets to move into an established Index Option until the Term End Date. If you request to transfer into an established Index Option on a date that is not a Term End Date, we
                will transfer those assets into the same Index Option with a new Term Start Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You select the Index Effective Date when you purchase your Contract. It can be any Business Day up to and including the first
                Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z539340adaa5545929bb5620ea8eabd57" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:13.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:145.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">On your application if you select&#8230;</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:348.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Your Index Effective Date will be either&#8230;</font></div>
                      </div>
                    </td>
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                  <tr style="height:39pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:145.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the earliest Index Effective Date</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:348.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;your Issue Date, or</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;the first Business Day of the next month if the Issue Date is the
                            29th, 30th, or 31st of a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">month</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:49.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:145.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the deferred Index Effective Date</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:348.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;your first Quarterly Contract Anniversary, or</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;the next Business Day if the first Quarterly Contract Anniversary
                            occurs on a non-Business </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Day, or the first Business Day of the next month if the first
                            Quarterly Contract Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">is the 29th, 30th, or 31st of a month</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">You should be aware that, generally, initial Trigger Rates, Caps, and Participation Rates could change every seven
                calendar days. However, these rates are guaranteed to be available during the period stated on our website at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">allianzlife.com/RILAratesnf</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> and cannot be superseded until that period ends. If you select an Index Effective Date that is within the guaranteed period for the initial rates that are available
                for review on the date you signed your application, you will receive the initial rates that were available on the date you signed your application. However, if you select an Index Effective Date that is after this guaranteed period, you are
                subject to the risk that initial Trigger Rates, Caps, and Participation Rates may change and be less advantageous to you. Furthermore, if your Index Effective Date is after the end of the free look period and you cancel your Contract, you
                will receive the Cash Value. On or before the Index Effective Date, the Daily Adjustment does&#160;</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">&#160;apply.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">You



                may review future rates at least seven calendar days before their effectiveness at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">allianzlife.com/RILAratesnf</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">. You (or your Financial Professional, if authorized) can change your Index Effective Date at any time before it occurs to be an earlier or later date by submitting a
                request. </font><font style="color: #000000; font-family: Times New Roman;">However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good Order at our
                Service Center before the end of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can change your allocation instructions at any time without fee or penalty. These changes are effective on the Business Day we
                receive them in Good Order at our Service Center. We accept changes to allocation instructions from any Owner unless you instruct otherwise. We may allow you to authorize someone else to change these allocation instructions on your behalf.
              </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Changes to your allocation instructions will transfer existing Index Option Values on the Term End Date</font><font style="color: #000000; font-family: Times New Roman;">.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We notify you at least 30 days in advance of each Index Anniversary as a reminder that on the upcoming anniversary you may transfer
                Index Option Value between Index Options. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You request transfers between Index Options by changing your allocation instructions.</font><font style="color: #000000; font-family: Times New Roman;"> For more information, see the &#8220;Electronic Allocation Instructions&#8221; discussion next in this section. On each Term End Date, if we have not received allocation instruction changes from
                you, all assets invested continue to be invested in the same Index Options&#160;with a new Term Start Date at the renewal Trigger Rates, Caps, and Participation Rates.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We can add new Crediting Methods, Terms, and Indexes to your Contract in the future, and you can allocate Purchase Payments or
                transfer Contract Value to them on the next Term Start Date after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change how it calculates Performance Credits. If we add a new Index
                Option to your Contract, we cannot change its Buffer or Floor after it is established. For a new Index Option </font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;34&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_21"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">the minimum Buffer is 5% and the minimum Floor is -25%. However, we can change the renewal Trigger Rates, Caps, and Participation Rates associated
                with any Index Option on each Term Start Date, and Early Reallocation rates, subject to the guaranteed minimums.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We must receive all Index Option allocation instruction changes (which will transfer your Index Option Values) in Good Order at our
                Service Center before the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day).</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z711114fa9f3b4db29792348ffae62159" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:38pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:4.15pt;">In order to apply Purchase Payments we receive </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">after</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> the Index Effective Date to your selected Index Option(s) on </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">the next Index Anniversary, we must receive them </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;text-decoration:underline;">before</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> the end of the Business Day on the Index Anniversary (or </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">before the end of the </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;text-decoration:underline;">prior</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">
                            Business Day if the anniversary is a non-Business Day).</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:1.9pt;">Purchase Payments we hold in the AZL Government Money Market before transferring them to your selected </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">Index Options are subject to Contract
                            fees and expenses (e.g. contract maintenance charge), and</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">market risk and </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">may lose value.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Electronic Allocation Instructions</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We use reasonable procedures to confirm that electronic allocation instructions given to us are genuine. If we do not use such
                procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record telephone instructions and log all fax, email and website instructions. We reserve the right to deny any allocation instruction change,
                and to discontinue or modify our electronic instruction privileges at any time for any reason.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Please note that telephone, fax, email and/or the website may not always be available. Any electronic system, whether it is ours,
                yours, your service provider&#8217;s, or your Financial Professional&#8217;s, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of your allocation instruction change. Although we have taken
                precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions in writing to our Service Center.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">By authorizing electronic instructions, you authorize us to accept and act upon these instructions for your Contract. There are
                risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect your website password, because the website is available to anyone
                with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Free Look/Right To Examine Period</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you change your mind about the Contract, you can cancel it within the free look period stated on the first page of your
                Contract. In most states, this is ten calendar days after you receive the Contract. If you cancel your Contract during the free look period, in most states we return your Contract Value as of the Business Day we receive your cancellation
                request in Good Order. This may be more or less than your initial Purchase Payment. In states that require us to return Purchase Payments less withdrawals if you cancel your Contract, we return Contract Value if greater.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">IRA Contracts require us to return Purchase Payments less withdrawals. If you cancel your IRA Contract, we return the greater of
                Purchase Payments less withdrawals or Contract Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If your cancellation request occurs after the Index Effective Date, your Contract Value will include the Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Some states and certain IRA Contracts require return of Purchase Payments. For these Contracts, we reserve the right to hold your
                initial Purchase Payment in the AZL Government Money Market Fund until the free look period ends, and then re-allocate your Contract Value, less fees and expenses, according to your allocation instructions. If we exercise this right, the
                Contract Value we use to determine your refund amount on a cancellation request will not include the Daily Adjustment as the Index Effective Date will not yet have occurred. Currently we only exercise this right on certain Contracts issued
                in California as noted in Appendix D. If we hold your initial Purchase Payment in the AZL Government </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;35&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_22"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Money Market Fund during the free look period and the requested Index Effective Date would occur during this time, we change your Index Effective Date
                to the next Business Day after the free look period that is not the 29th, 30th or 31st of the month. Then, if you:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">cancel your Contract during this time, we return the greater of Purchase Payments less
                    withdrawals, or Contract Value. We do not assess a withdrawal charge or deduct any other Contract fees or expenses if you cancel your Contract during the free look period. If you take a withdrawal (including financial adviser fees that
                    you choose to have us pay from this Contract) that is subject to a withdrawal charge and then cancel your Contract during the free look period, we will refund any previously deducted withdrawal charge upon cancellation.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">do not cancel your Contract during this time, we re-allocate your Contract Value to the Index
                    Options according to your allocation instructions on the Index Effective Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 10.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In the Contract, the free look provision is also called the right to examine.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">4.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Valuing Your Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract Value is the total of the Variable Account Value and all Index Option Values.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z130ea55f46854d92841890c6bd9ba5fa" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:13.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:247pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Variable Account Value increases when&#8230;.</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:247pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Variable Account Value decreases when&#8230;.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;you make additional Purchase Payments and we hold them in </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the AZL Government Money Market Fund before transferring </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">them to your selected Index Options, or</font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;there is positive AZL Government Money Market Fund </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">performance</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;we take assets out of the AZL Government Money Market </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Fund for withdrawals (including financial adviser fees that you </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">choose to have us pay from this Contract) or transfers to your </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">selected Index Options,</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;there is negative AZL Government Money Market Fund </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">performance, or</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;we deduct Contract fees and expenses</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:37.5pt;">
                    <td colspan="2" style="background-color:#D8D8D8;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.00pt;">Contract fees and
                            expenses we deduct from the AZL Government Money Market Fund include the rider fee, contract </font></div>
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">maintenance charge, and withdrawal charge as
                            described in section 6, Expenses.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;"> </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Financial adviser fees that you choose to </font></div>
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">have us pay from this Contract are described
                            in section 1, The Contract.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">The AZL Government Money Market Fund does not provide any protection against loss of principal. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund</font><font style="color: #000000; font-family: Times New Roman;">.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z3f4c6c58875e43bc8cfaacd36ae5887f" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:13.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:247pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Index Option Values increase when&#8230;.</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:247pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Index Option Values decrease when&#8230;.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;you add assets to an Index Option by Purchase Payment or </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract Value transfer, or</font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;you receive a positive Performance Credit or Daily Adjustment</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:247pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;you take assets out of an Index Option by </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawal&#160;(including any financial adviser fees that you </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">choose to have us pay from this Contract) or Contract Value </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">transfer,</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;you receive a negative Performance Credit or Daily </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adjustment, or</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;we deduct Contract fees and expenses</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:37.5pt;">
                    <td colspan="2" style="background-color:#D8D8D8;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.00pt;">Contract fees and
                            expenses we deduct from the Index Options include the rider fee, contract maintenance charge, and </font></div>
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">withdrawal charge as described in section 6,
                            Expenses. Financial adviser fees that you choose to have us pay from this </font></div>
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Contract are described in section 1, The
                            Contract.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">We apply transfers of Contract Value and Purchase Payments to the Index Options on the Index Effective Date and Index Anniversaries.
                We apply Performance Credits to the Index Options on the Term End Dates. Contract expenses are deducted at different times during the Index Year as stated in section 6, Expenses. We pay financial adviser fees to your Financial Professional
                or the Financial Professional's firm upon written request as stated in section 1, The Contract. The Daily Adjustment applies on any Business Day other than the Term Start Date or the Term End Date.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Performance Credits are subject to the applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate</font><font style="color: #000000; font-family: Times New Roman;">. Positive Performance Credits are not guaranteed and Performance Credits can be zero under all the Index Options. Performance Credits can be negative after application of the 10%, 20%,
                or 30% Buffer&#160;for any Index Option with the Index Dual&#160;Precision Strategy,&#160;Index Precision Strategy, or Index Performance Strategy; or negative down to the -10% Floor for any Index Option with the Index Guard Strategy. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">A negative Performance Credit means that you can lose principal and previous earnings. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">These losses can be significant.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;36&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_23"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">We require that the Contract Value after a partial withdrawal must be at least $2,000.* </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.</font></div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 4pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">*</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 14pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Does not apply to RMD payments under our minimum distribution program.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Determining Variable Account Value</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Separate Account holds the assets for the Purchase Payments held in the AZL Government Money Market Fund before we transfer
                them to the Index Options. The Separate Account is divided into subaccounts, one of which invests exclusively in the shares of the AZL Government Money Market Fund.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We convert Purchase Payments held in the AZL Government Money Market Fund into subaccount accumulation units. The subaccount&#8217;s
                daily price (accumulation unit value) is based on the AZL Government Money Market Fund&#8217;s price. The AZL Government Money Market Fund&#8217;s price is typically determined at the end of each Business Day,</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;"> and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day&#8217;s price</font><font style="color: #000000; font-family: Times New Roman;">.
                The AZL Government Money Market Fund's price reflects deduction of its operating expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate your Variable Account Value at the end of each Business Day by multiplying the subaccount&#8217;s accumulation unit value by
                its number of accumulation units.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">On the Issue Date, the number of accumulation units in the subaccount is equal to the amount allocated to the subaccount divided by
                its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">increase</font><font style="color: #000000; font-family: Times New Roman;">
                    when we add Purchase Payments to the AZL Government Money Market Fund, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">decrease</font><font style="color: #000000; font-family: Times New Roman;">
                    when assets are removed from the AZL Government Money Market Fund by transfer, withdrawals you request&#160;(including any financial adviser fees that you choose to have us pay from this Contract), or when we deduct Contract fees and
                    expenses.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We arbitrarily set the initial accumulation unit value for the subaccount. At the end of each Business Day, we determine the new
                accumulation unit value for the subaccount by multiplying the prior Business Day&#8217;s accumulation unit value by the AZL Government Money Market Fund&#8217;s percentage change in price since the prior Business Day. The percentage change in price
                includes the AZL Government Money Market Fund&#8217;s market performance.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-decoration: underline;">Example</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We receive at our Service Center an additional Purchase Payment of $3,000 from you before the end
                    of the Business Day.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">When the New York Stock Exchange closes on that Business Day, we determine that the accumulation
                    unit value is $13.25 for the subaccount of the AZL Government Money Market Fund.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We then divide $3,000 by $13.25 and credit your Contract that night with 226.415094 subaccount
                    accumulation units for the AZL Government Money Market Fund.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">How the Crediting Methods Work</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Protection Strategy with Trigger</font><font style="color: #000000; font-family: Times New Roman;"> provides a Performance Credit equal to the Trigger Rate if the Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the
                amount of actual Index Return. If the current Index Value is less than it was on the Term Start Date, the Performance Credit is zero.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Dual Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;"> also provides a Performance Credit.</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">You receive a Performance Credit equal to the Trigger Rate if the Index Value on the Term End Date
                    is:</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">equal to or greater than the Index Value on the Term Start Date, regardless of the amount of
                    actual Index Return.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">less than the Index Value on the Term Start Date and the loss is less than or equal to the 10%
                    Buffer.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is negative and the loss is greater than the 10% Buffer, the negative
                    Performance Credit is equal to the negative Index Return in excess of the 10% Buffer. You participate in any losses beyond the 10% Buffer.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;"> also provides a Performance Credit.</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Value on the Term End Date is equal to or greater than the Index Value on the Term
                    Start Date, regardless of the amount of actual Index Return, the Performance Credit is equal to the Trigger Rate.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is negative and the loss is:</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">less than or equal to the 10% Buffer, the Performance Credit is zero. We absorb any loss up to
                    the 10% Buffer.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">greater than the 10% Buffer, the negative Performance Credit is equal to the negative Index
                    Return in excess of the 10% Buffer. You participate in any losses beyond the 10% Buffer.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;37&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_24"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Guard Strategy</font><font style="color: #000000; font-family: Times New Roman;"> also provides a Performance Credit.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is positive, the Performance Credit is equal to the Index Return up to the
                    Cap.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the
                    Performance Credit is zero.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is negative, the negative Performance Credit is equal to the negative Index
                    Return down to the -10% Floor. You participate in any losses down to the -10% Floor. We absorb any negative Index Return beyond the -10% Floor.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Index Performance Strategy</font><font style="color: #000000; font-family: Times New Roman;"> also provides a Performance Credit.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is positive, the Performance Credit is equal to:</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Index Return up to the Cap for a 1-year Term. If the 1-year Term is uncapped, the Performance
                    Credit is equal to the Index Return.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Index Return multiplied by the Participation Rate, up to the Cap for a 3-year or&#160;6-year Term.
                    If the 3-year or&#160;6-year Term is uncapped, the Performance Credit is equal to the Index Return&#160;multiplied by the Participation Rate. We apply the Participation Rate and Cap for the entire Term length; we do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> apply the Participation Rate and Cap annually on a 3-year or&#160;6-year Term.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the
                    Performance Credit is zero.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Return is negative and the loss is:</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">less than or equal to the 10%, 20%, or 30% Buffer, the Performance Credit is zero. We absorb any
                    loss up to the 10%, 20%, or 30% Buffer. We apply the Buffer for the entire Term length; we do </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">not</font><font style="color: #000000; font-family: Times New Roman;"> apply the Buffer annually on a 3-year or&#160;6-year Term Index Option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">greater than the 10%, 20%, or 30% Buffer, the negative Performance Credit is equal to the
                    negative Index Return in excess of the 10%, 20%, or 30% Buffer. You participate in any losses beyond the 10%, 20%, or 30% Buffer.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z5af4585625e8433a91391aee16e2726f" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:50pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.15pt;">The Index Dual&#160;Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, and Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">Strategy allow negative Performance Credits. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">A negative Performance Credit means you can lose principal and </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">previous earnings. The maximum
                            potential negative Performance Credit is: -90% with a 10% Buffer; -80% with a </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">20% Buffer; -70% with a 30% Buffer;
                            and -10% with the Floor.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">Because we calculate Index Returns only on a single date in time, you may experience negative or flat </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">performance even though the Index you selected for a
                            given Crediting Method experienced gains through </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">some, or most, of the Term.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">If </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">an Index Performance Strategy Index Option is
                            &#8220;uncapped&#8221; for one Term (i.e., we do not declare a Cap for </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">that Term) it does not mean that we will not declare a
                            Cap for it on future Term Start Dates.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> On the next Term </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Start Date we can declare a Cap for the next Term, or declare it to be
                            uncapped.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Comparing Crediting Methods</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Crediting Methods have different risk and return potentials.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zc2536b18a21e4b76aff9a8cdac8d6dc2" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">What is the asset protection?</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:38pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Protection </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy with Trigger</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Most protection.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the Index loses value, the Performance Credit is zero. You do not
                            receive a negative Performance </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Credit.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:121pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Protection </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">is equal to what is available with the Index Precision Strategy.
                            Protection may be equal to or less than </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">what is available with the Index Performance Strategy depending on the
                            Index Option.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Buffer absorbs 10% of loss, but you receive a negative Performance
                            Credit for losses greater than </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">10%.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Potential for large losses in any Term.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;More sensitive to large negative market movements because small
                            negative market movements </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">within the 10% Buffer result in a positive Performance Credit. In a
                            period of extreme negative market </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">performance, the risk of loss is greater with the Index Dual Precision
                            Strategy than with the Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Guard Strategy.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;38&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_25"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="ze79ef1f6dd4c4c1ea1e4fe4187f6c908" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">What is the asset protection?</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:110pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Precision Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Protection </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">is equal to what is available with the Index Dual Precision Strategy.
                            Protection may be equal to or less </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">than what is available with the Index Performance Strategy depending
                            on the Index Option.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Buffer absorbs 10% of loss, but you receive a negative Performance
                            Credit for losses greater than </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">10%.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Potential for large losses in any Term.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;More sensitive to large negative market movements because small
                            negative market movements are </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">absorbed by the 10% Buffer. In a period of extreme negative market
                            performance, the risk of loss is </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">greater with the Index Precision Strategy than with the Index Guard
                            Strategy.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:122pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Less protection than the Index Protection Strategy with Trigger, but
                            more than Index Dual Precision </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Strategy, Index Precision Strategy, and Index Performance Strategy.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Permits a negative Performance Credit down to the -10% Floor.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Protection from significant losses.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;More sensitive to smaller negative market movements that persist over
                            time because the -10% Floor </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">reduces the impact of large negative market movements.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;In an extended period of smaller negative market returns, the risk of
                            loss is greater with the Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Guard Strategy than with the Index Dual Precision Strategy, Index
                            Precision Strategy, and Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Performance Strategy.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Provides certainty regarding the maximum loss in any Term.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:157pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Options with a 10% Buffer provide the same protection as the Index
                            Dual Precision Strategy and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Precision Strategy. Index Options with a 20% or 30% Buffer have
                            more protection than what is </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">available with the Index Dual Precision Strategy and Index Precision
                            Strategy.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Buffer absorbs 10%, 20%, or 30% of loss depending on the Index Option
                            you select, but you receive </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">a negative Performance Credit for losses greater than the Buffer.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Potential for large losses in any Term.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;More sensitive to large negative market movements because small
                            negative market movements are </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">absorbed by the Buffer. In a period of extreme negative market
                            performance, the risk of loss is greater </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">with the Index Performance Strategy than with the Index Guard
                            Strategy.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;In extended periods of moderate to large negative market performance,
                            3-year and 6-year Terms may </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">provide less protection than the 1-year Terms because, in part, the
                            Buffer is applied over a longer </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">period of time.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:7.34pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z7a3ae6fbd02f41408ae8de79cdc87608" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">What is the growth opportunity?</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:86pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Protection </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy with Trigger</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity limited by the Trigger Rates.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Least growth opportunity.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;May perform best in periods of small positive market movements
                            relative to the other Crediting </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Methods, because such small positive market movements may result in
                            positive Performance Credits </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">that are greater than the Index Return while also providing complete
                            protection from any Index losses.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;These Trigger Rates will generally be less than the Caps and the
                            Trigger Rates for the Index Dual </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Precision Strategy and Index Precision Strategy.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:85pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity limited by the Trigger Rates.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;May perform best in periods of small positive and/or small negative
                            market movements. Provides the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">most return potential during periods of small negative market
                            movements.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Generally more growth opportunity than the Index Protection Strategy
                            with Trigger, but less than the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Precision Strategy and Index Performance Strategy.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity may be more or less than the Index Guard Strategy
                            depending on Trigger Rates </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and Caps.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;39&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zd564a7a5435b4fb09a03b6c21e2e68d7" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">What is the growth opportunity?</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:86pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Precision Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity limited by the Trigger Rates.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;May perform best in periods of small positive market movements.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Generally more growth opportunity than the Index Protection Strategy
                            with Trigger and Index Dual </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Precision Strategy. However, less growth opportunity than the Index
                            Dual Precision Strategy during </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">periods of small negative market movements.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity may be more or less than the Index Guard Strategy
                            or Index Performance </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Strategy depending on Trigger Rates and Caps.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:62pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity limited by the Caps.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;May perform best in a strong market.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity that generally may be matched or exceeded only by
                            the Index Performance </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Strategy. However, growth opportunity may be more or less than the
                            Index Dual Precision Strategy, </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Precision Strategy, or Index Performance Strategy depending on
                            Trigger Rates and Caps.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:133pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity limited by the Caps and/or Participation Rates. </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">If we do not declare a Cap for an </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Index Option there is no maximum
                            limit on the positive Index Return for that Index Option. In </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">addition, you can receive more than
                            the positive Index Return if the Participation Rate applies </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">and is greater than its 100%
                            minimum.&#160;However, the Participation Rate cannot boost Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Returns beyond a declared Cap.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;May perform best in a strong market.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;1-year Term with 10% Buffer Index Options, 3-year Term with 10% or
                            20% Buffer Index Options, and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">6-year Term with 10% or 20% Buffer Index Options have the most growth
                            opportunity.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Growth opportunity for the 1-year Term with 20% or 30% Buffer may be
                            less than the Index Dual </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Precision Strategy, Index Precision Strategy, and Index Guard Strategy
                            depending on Trigger Rates </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and Caps.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:7.34pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z1cca90f7b0de4efabea42baaee2a009a" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">What can change within a Crediting Method?</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:38pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Protection </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy with Trigger</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Date.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;1-year Term has a 0.10% minimum Trigger Rate.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:74pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Date.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;1-year Term has a 0.10% minimum Trigger Rate.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The 10% Buffers for the currently available Index Options cannot
                            change. However, if we add a new </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option to your Contract after the Issue Date, we establish the
                            Buffer for it on the date we add </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Index Option to your Contract. The minimum Buffer is 5% for a new
                            Index Option.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:74pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Precision Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Date.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;1-year Term has a 0.10% minimum Trigger Rate.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The 10% Buffers for the currently available Index Options cannot
                            change. However, if we add a new </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option to your Contract after the Issue Date, we establish the
                            Buffer for it on the date we add </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Index Option to your Contract. The minimum Buffer is 5% for a new
                            Index Option.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:62pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Renewal and Early Reallocation Caps for existing Contracts can change
                            on each Term Start Date.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;1-year Term has a 0.10% minimum Cap.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The -10% Floors for the currently available Index Options cannot
                            change. However, if we add a new </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option to your Contract after the Issue Date, we establish the
                            Floor for it on the date we add the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option to your Contract. The minimum Floor is -25% for a new
                            Index Option.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:97pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:387.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Renewal and Early Reallocation Caps and/or Participation Rates for
                            existing Contracts can change on </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">each Term Start Date.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;1-year Term with 10%, 20%, or 30% Buffer has a 0.10% minimum Cap.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;3-year Term with 10% or 20% Buffer has a 2% minimum Cap, and 100%
                            minimum Participation Rate.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;6-year Term with 10% or 20% Buffer has a 5% minimum Cap, and 100%
                            minimum Participation Rate.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The 10%, 20%, and 30% Buffers for the currently available Index
                            Options cannot change. However, if </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">we add a new Index Option to your Contract after the Issue Date, we
                            establish the Buffer for it on the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">date we add the Index Option to your Contract. The minimum Buffer is
                            5% for a new Index Option.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:7.34pt;">&#8195;</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;40&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_27"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z6fd3429103eb4f699ca8a58dc97e0c31" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:74pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">For any Index Option with the</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision Strategy, Index Precision Strategy, or Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:7.78pt;">Strategy,</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">you participate in any negative Index Return in excess of the Buffer</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">, which reduces your Contract Value. </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">For example, for a 10% Buffer we absorb the first -10% of Index Return
                            and you could lose up to 90% of the Index </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">Option Value. However, for any Index Option with the </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">, </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">we absorb any negative Index Return </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.78pt;">in excess of the -10% Floor, so
                            your maximum loss is limited to -10% of the Index Option Value due to negative </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.78pt;">Index Returns.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Trigger Rates, Caps, and Participation Rates as set by us from
                            time-to-time may vary substantially based on market </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">conditions. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">However, in extreme market environments, it is possible that all Trigger Rates, Caps, and Participation </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.78pt;">Rates will be reduced to their
                            respective minimums of 0.10%, 2%, 5%, or 100% as stated in the table&#160;above.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:24pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If your Contract is within its free look period you may be able to
                            take advantage of any increase in initial Trigger </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">Rates, Caps, and/or Participation Rates by cancelling your Contract
                            and purchasing a new Contract.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:24pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If the initial Trigger Rates, Caps, and/or Participation Rates
                            available on the Index Effective Date are not acceptable </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">you have the following options.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;Cancel your Contract if you are still within the free look period. If
                            you took a withdrawal that was subject to a </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;">withdrawal charge (including financial adviser fees that you choose to
                            have us pay from this Contract) we will refund </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;">any previously deducted withdrawal charge upon a free look cancellation.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;Request to extend your Index Effective Date if you have not reached
                            your first Quarterly Contract Anniversary.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:48pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;If the free look period has expired, request a full withdrawal&#160;and
                            receive the Cash Value.&#160;This withdrawal is subject to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;">withdrawal charges, income taxes, and may also be subject to a 10%
                            additional federal tax for amounts withdrawn </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;">before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">.&#160;If this occurs </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">on or before</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> the Index Effective Date the Daily Adjustment&#160;does&#160;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;text-decoration:underline;">not</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#160;apply.



                            If this </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:10pt;">occurs </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">after</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> the Index Effective Date, you&#160;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;text-decoration:underline;">are</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">
                            subject to the Daily Adjustment.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:84pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Trigger Rates, Caps, and Participation Rates can be different from Index Option to Index Option. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">For example, </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">Caps for the Index Performance Strategy 1-year Terms can be different
                            between the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> Index and the </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">Nasdaq-100</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> Index; and Caps for the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> Index can be
                            different between 1-year, 3-year, and 6-year Terms on </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">the Index Performance Strategy, and between the 1-year Terms for the
                            Index Guard Strategy and Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">Strategy. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Initial, renewal, and Early Reallocation rates may also be different from Contract-to-Contract.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> For </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">example, assume that on August 3, 2023 we set Caps for the Index
                            Performance Strategy 1-year Term with 10% Buffer </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:7.78pt;">using the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> Index as
                            follows:</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;13% initial rate&#160;and 12% Early Reallocation rate for new Contracts
                            issued in 2023,</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;14% renewal rate&#160;and 14% Early Reallocation rate for existing
                            Contracts issued in 2022, and</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8211;&#8194;12% renewal rate&#160;and 13% Early Reallocation rate for existing
                            Contracts issued in 2021.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Bar Chart Examples of Crediting Method Performance</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following hypothetical examples show conceptually how the Crediting Methods might work on the Term End Date in different market
                environments and assume no change in the hypothetical Trigger Rates, Caps, and/or Participation Rates. All values below are for illustrative purposes only. The examples do not reflect any Trigger Rates, Caps, and/or Participation Rates that
                may actually apply to a Contract. The examples do not predict or project the actual performance of the Index Advantage+ NF</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Times New Roman;">. Although an Index or Indexes will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment and are not a direct investment in an
                Index. The Index Values do not include the dividends paid on the stocks comprising an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not reflect any withdrawals taken before
                the Term End Date&#160;(including any financial adviser fees that you choose to have us pay from this Contract), or deductions we make for Contract fees and expenses.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;41&#8201;</font></div>
          </div>
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      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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            <div style="text-align:center;"> <img style="height:253pt;width:478pt;" alt=" " src="protstrt1yrnfplus.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 10pt;">&#8194;</font></div>
            <div style="text-align:center;"> <img style="height:268pt;width:508pt;" alt=" " src="precisdual1yrnf.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 1pt;">&#8194;</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;42&#8201;</font></div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;z-index:-1;min-height:670pt;">
            <div style="text-align:center;"> <img style="height:319pt;width:504pt;" alt=" " src="precisstrt1yrnfplus.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 1pt;">&#8194;</font></div>
            <div style="text-align:center;"> <img style="height:289pt;width:473pt;" alt=" " src="guardstrt1yrnf.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 10pt;">&#8194;</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;43&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;z-index:-1;min-height:670pt;">
            <div style="text-align:center;"> <img style="height:302pt;width:481pt;" alt=" " src="performstrt1yrnffall.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 10pt;">&#8194;</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;44&#8201;</font></div>
          </div>
        </div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;z-index:-1;min-height:670pt;">
            <div style="text-align:center;"> <img style="height:431pt;width:482pt;" alt=" " src="performmultinffall.jpg"><font style="color: #000000; float: left; font-family: Times New Roman; line-height: 1pt;">&#8201;</font><font style="color: #000000; font-family: Times New Roman; line-height: 10pt;">&#8194;</font></div>
            <div style="line-height: 12.0pt; margin-top: 5.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Determining Index Option Values</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate an Index Option Value for each Index Option at the end of each Business Day. Generally, the Index Option Value is
                equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies on Business Days other than the Term Start Date or the Term End Date. The Daily Adjustment can be positive or negative and is discussed later
                in this section.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">On the first Term Start Date, both the Index Option Value and the Index Option Base for each of your selected Index Options are
                initially equal to the amount of:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">any Purchase Payment received that day which you allocated to that Index Option, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">any Contract Value transferred into that Index Option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">At the end of each subsequent Business Day for each selected Index Option, we first either apply:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Daily Adjustment if this is not the Term End Date, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">a Performance Credit if this is the Term End Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate Performance Credits as described under &#8220;Calculating Performance Credits&#8221; next in this section and apply them as
                follows:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">We multiply each Index Option Base by its Performance Credit and add this amount to its Index
                    Option Base.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;45&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_32"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Then we set each Index Option Value equal to its Index Option Base.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Lastly, we increase and/or decrease each Index Option Base and Index Option Value for additional Purchase Payments, transfers,
                partial withdrawals you take&#160;(including&#160;financial adviser fees that you choose to have us pay from this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Additional Purchase Payments received on the Term End Date and allocated to this Index Option, and
                    transfers of Variable Account Value or Index Option Value into this Index Option, increase these values by the dollar amount allocated or transferred.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Transfers out of this Index Option reduce these values by the dollar amount removed from the Index
                    Option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Partial withdrawals you take&#160;(including&#160;financial adviser fees that you choose to have us pay from
                    this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses reduce these values by the dollar amount withdrawn from the Index Option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">We deduct partial withdrawals you take&#160;(including&#160;financial adviser fees that you choose to have
                    us pay from this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses from the Index Options proportionately based on the percentage of Contract Value in each Index Option using values determined at
                    the end of the Business Day before we process the withdrawal or deduct the Contract expense.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced
                    its associated Index Option Value.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-decoration: underline;">Example</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract Value is $100,000 and you selected two Index Options. The first Index Option has an
                    Index Option Value of $75,000 and an Index Option Base of $72,000. The second Index Option has an Index Option Value of $25,000 and an Index Option Base of $22,000. You take a $10,000 partial withdrawal (including any withdrawal
                    charge).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">This partial withdrawal reduces your Index Option Value by the percentage of Contract Value in
                    each Index Option (Index Option Value &#247; Contract Value).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">For the first Index Option this percentage is 75% ($75,000 &#247; $100,000) and the $10,000 partial
                    withdrawal reduces this value by $7,500 ($10,000 x 75%). For the second Index Option this percentage is 25% ($25,000 &#247; $100,000) and the $10,000 partial withdrawal reduces this value by $2,500 ($10,000 x 25%).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced its
                    associated Index Option Value (amount withdrawn from Index Option Value &#247; Index Option Value).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">For the first Index Option this percentage is 10% ($7,500 &#247; $75,000) and the $10,000 partial
                    withdrawal reduces this value by $7,200 ($72,000 x 10%). For the second Index Option this percentage is also 10% ($2,500 &#247; $25,000) and the $10,000 partial withdrawal reduces this value by $2,200 ($22,000 x 10%).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Deductions we make for Contract fees and expenses also reduce these values proportionately in the
                    same way as a partial withdrawal.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 0.0pt; margin-top: 6pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z5322adfb33f846bfab7a4927c07fc16a" style="empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:4pt;vertical-align:Bottom;width:176.8pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td colspan="2" style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:158.10pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">First Index Option</font></div>
                        </div>
                      </div>
                    </td>
                    <td colspan="2" style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:159.10pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Second Index Option</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="padding-bottom:4pt;padding-top:1.5pt;vertical-align:Bottom;width:176.8pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:80.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Option Value</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:77.92pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Option Base</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:80.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Option Value</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:78.92pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Option Base</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:176.8pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Prior to partial withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 75,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:77.92pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 72,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 25,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:78.92pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 22,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:4pt;padding-top:2.5pt;vertical-align:Top;width:176.8pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$10,000 partial withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $7,500</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:77.92pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $7,200</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $2,500</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:2.5pt;vertical-align:Top;width:78.92pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="border-bottom:0.5pt groove #000000;color:#000000;font-family:Arial Narrow;font-size:10pt;">&#8211; $2,200</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="vertical-align:Top;width:176.8pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:80.18pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:77.92pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:80.18pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="vertical-align:Top;width:78.92pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11.5pt;">
                    <td style="padding-top:2.5pt;vertical-align:Top;width:176.8pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">After partial withdrawal</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 67,500</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:77.92pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 64,800</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:80.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 22,500</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:78.92pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 19,800</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:0%;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="za48dcff53ac24ec1bd377380176314cb" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:50pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.15pt;">Amounts removed from the Index Options during the Term for partial withdrawals you take&#160;(including any </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">financial adviser fees that you choose to have us pay
                            from this Contract) and deductions we make for Contract </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">fees and expenses do not receive a Performance Credit
                            on the Term End Date</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">. However, the remaining amount </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">in the Index Options is eligible for a Performance Credit on the Term
                            End Date.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">You cannot specify from which Index Option or the AZL Government Money Market Fund we deduct Contract fees </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">and expenses; we deduct Contract fees and&#160;expenses from each Index
                            Option and the AZL Government Money </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Market Fund proportionately based on its percentage of Contract Value.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;46&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_33"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Calculating Performance Credits</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We base Performance Credits on Index Values and Index Returns. We measure Index Values on the Term Start Date and Term End Date
                using the Index&#8217;s price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the Term Start Date or Term End Date is a non-Business Day we use the next Business Day&#8217;s Index
                price. If you select the EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;">, we determine Index
                Returns without any exchange rate adjustment. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Because we calculate Index Returns only on Term End Dates, the Index Return does not
                necessarily reflect the highest or lowest Index Values that occurred during the Term.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:6pt;">
              <table cellspacing="0" cellpadding="0" id="z58dc99322ee4446293bde52e397a136f" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:39pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:92.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Crediting Method </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">and Term Length</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:200.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">If Index Value is less than it was on
                            the</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Term Start Date</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">(i.e., Index Return is negative):</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:201pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">If Index Value is equal to or greater
                            than it was </font></div>
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">on the Term Start Date</font></div>
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">(i.e., Index Return is zero or positive):</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:37pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Protection </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy with Trigger </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1-year Term</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is zero</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Trigger Rate set </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">on the Term Start Date</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:123.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Dual Precision </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy 1-year Term</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(available only to </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Contracts issued on or </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">after November 14, 2023)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Trigger Rate if the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">negative Index Return is less than or equal to the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">10% Buffer. However, if the negative Index Return is </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">greater than the 10% Buffer you receive a </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return in excess of the 10% Buffer.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If the Index Return is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-8%, the Performance Credit is equal to the Trigger </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Rate set on the Term Start Date.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-12%, the Performance Credit is -2%.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Trigger Rate set </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">on the Term Start Date</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:66pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Precision </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy 1-year Term</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return in excess of the 10% Buffer</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If the Index Return is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-8%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-12%, the Performance Credit is -2%.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Trigger Rate set </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">on the Term Start Date</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:77.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Guard Strategy </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">1-year Term</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return subject to the -10% Floor</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If the Index Return is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-8%, the Performance Credit is -8%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-12%, the Performance Credit is -10%.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Index Return up </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">to the Cap set on the Term Start Date</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume the Cap is 8%. If the Index Return is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;6%, the Performance Credit is 6%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;12%, the Performance Credit is 8%.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:191.0pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy 1-year Term</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(20% and 30% Buffers </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">available only to Contracts </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">issued on or after </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">November 14, 2023)</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return in excess of the 10%, 20%, or 30% Buffer.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume you select a 1-year Term Index Option with </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">10% Buffer. If the Index Return for the year is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-8%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-12%, the Performance Credit is -2%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Instead assume you select a
                            1-year Term Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Option with 20% Buffer</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return for </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-19%, the Performance Credit is 0%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-24%, the Performance Credit is -4%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Instead assume you select a
                            1-year Term Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Option with 30% Buffer</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return for </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-29%, the Performance Credit is 0%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-34%, the Performance Credit is -4%.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Index Return up </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">to any Cap set on the Term Start Date</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume the Cap for the 1-year Term is 8%. If the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Index Return for the year is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;6%, the Performance Credit is 6%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;12%, the Performance Credit is 8%. </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">If instead the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">1-year Term were uncapped, the
                            Performance </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Credit is 12%</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;47&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_34"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:6pt;">
              <table cellspacing="0" cellpadding="0" id="z4ca8f626ee9c44f3bdb3f4e900aee13d" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:39pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:92.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Crediting Method </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">and Term Length</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:200.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">If Index Value is less than it was on
                            the </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Term Start Date</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">(i.e., Index Return is negative):</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:201pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">If Index Value is equal to or greater
                            than it was </font></div>
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">on the Term Start Date</font></div>
                        <div style="margin-left:3.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">(i.e., Index Return is zero or positive):</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:175.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy 3-year Term</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return in excess of the 10% or 20% Buffer.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume you select a 3-year Term Index Option with </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">10% Buffer. If the Index Return for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-19%, the Performance Credit is -9%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-24%, the Performance Credit is -14%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Instead assume you select a
                            3-year Term Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Option with 20% Buffer</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return for </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-19%, the Performance Credit is 0%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-24%, the Performance Credit is -4%.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Index Return </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">multiplied by the Participation Rate, up to any Cap </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">set on the Term Start Date</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume the Participation Rate is 100% and the Cap </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">is 80%. If the Index Return for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;65%, the Performance Credit is 65%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;90%, the Performance Credit is 80%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">If instead the Participation Rate is
                            110% and the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">3-year Term were uncapped</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;65%, the Performance Credit is 71.5%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;90%, the Performance Credit is 99%.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:174.0pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:92.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Index Performance </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Strategy 6-year Term</font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(20% Buffer available only </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">to Contracts issued on or </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">after November 14, 2023)</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:200.5pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the negative Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Return in excess of the 10% or 20% Buffer.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If the Index Return for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-19%, the Performance Credit is -9%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-24%, the Performance Credit is -14%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Instead assume you select a
                            6-year Term Index </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">Option with 20% Buffer</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return for </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-19%, the Performance Credit is 0%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;-24%, the Performance Credit is -4%.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:201pt;">
                      <div style="line-height:12.5pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Performance Credit is equal to the Index Return </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">multiplied by the Participation Rate, up to any Cap </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">set on the Term Start Date</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Assume the Participation Rate is 100% and the Cap </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">is 85%. If the Index Return for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;65%, the Performance Credit is 65%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;90%, the Performance Credit is 85%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">If instead the Participation Rate is
                            110% and the </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">6-year Term were uncapped</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">, and the Index Return </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">for the Term is&#8230;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;0%, the Performance Credit is zero.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;65%, the Performance Credit is 71.5%.</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;90%, the Performance Credit is 99%.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Daily Adjustment</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment is how we calculate Index Option Values on Business Days other than the Term Start Date or Term End Date. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">The AZL Government Money Market Fund is not subject to the Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment can affect the amounts available for withdrawal, Performance Locks, annuitization, payment of the death
                benefit, and the Contract Value used to determine the RMD payments,&#160;Charge Base, and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your Index Option Value has increased
                since the Term Start Date. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal). The Daily Adjustment for the Index Protection Strategy with
                Trigger cannot be negative.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We calculate the Daily Adjustment for a given Business Day before we deduct any Contract fees or expenses or process any partial
                withdrawal on that Business Day, including Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract. The Daily Adjustment does not change the Contract fee or expense deducted, or the
                withdrawal amount; it only changes the Index Option Value from which we deduct the Contract fee or expense, or withdrawal.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present
                value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 9.43pt;"><font style="color: #000000; font-family: Times New Roman;">(i)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 10.57pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">any Index gains during the Term subject to the applicable Trigger&#160;Rate, Cap, and/or
                    Participation Rate,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 12.2pt;"><font style="color: #000000; font-family: Times New Roman;">(ii)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 7.8pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">for the Index Dual Precision Strategy, any Index losses less than or equal to the 10% Buffer,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;48&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_35"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 14.97pt;"><font style="color: #000000; font-family: Times New Roman;">(iii)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 5.03pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">either any Index losses greater than the 10%, 20%, or 30% Buffer, or Index losses down to the
                    -10% Floor (not applicable to the Index Protection Strategy with Trigger), and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 14.43pt;"><font style="color: #000000; font-family: Times New Roman;">(iv)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 5.57pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">the number of days until the Term End Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment does this by using the hypothetical value of a Proxy Investment </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(Proxy Value)</font><font style="color: #000000; font-family: Times New Roman;"> each Business Day, other than the Term Start Date or Term End Date, based on the formulas described in
                Appendix B. The </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Proxy Investment</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">provides a current estimated present value of what the Performance Credit will be on the Term End Date taking into account the applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate.
                The Daily Adjustment is not the actual Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the
                Buffer or Floor. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">In extreme circumstances the Daily Adjustment could result in a loss beyond the protection of the 10%, 20%, or 30% Buffer; or -10%
                Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual&#160;Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the Index Guard Strategy.&#160; </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Such losses will be greater if the amount withdrawn&#160;(including any financial adviser fees that you choose to have us pay from this Contract) is also subject to a
                withdrawal charge, or is a deduction of Contract fees and expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A withdrawal taken during the Term may not receive the full benefit of the Buffer or Floor because the Daily Adjustment takes into
                account what may potentially happen between the withdrawal date and the Term End Date. All other factors being equal, even if the current Index return during the Term is greater than the Cap, or the Trigger Rate&#160;for the Index Dual&#160;Precision
                Strategy or Index Precision Strategy, the Daily Adjustment will usually be lower than the Cap or Trigger Rate. For the Index Protection Strategy with Trigger and Index Precision Strategy, even if the current Index return during the Term is
                greater than or equal to zero, the Daily Adjustment will usually be lower than the Trigger Rate.&#160;For the Index Dual Precision Strategy, even if the Index return is greater than -10%, the Daily Adjustment will usually be lower than the
                Trigger Rate. This is because there is a possibility that the Index return could decrease before the Term End Date. Similarly, even though a negative Index return may be within the 10%, 20%, or 30% Buffer&#160;for the Index Dual&#160;Precision
                Strategy, Index Precision Strategy, and Index Performance Strategy, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease before the Term End Date. The Daily Adjustment for
                Index Options with a Term length of more than 1-year may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length. Also, the risk of a negative
                Daily Adjustment is greater for Index Options with a Term length of more than 1-year than for 1-year Term Index Options due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger
                fluctuations in the Daily Adjustment than Index Options either without a Participation Rate, or with a&#160;Participation Rate equal to 100%. Finally, a negative Index return for the Index Guard Strategy may result in you receiving a Daily
                Adjustment lower than the -10% Floor, because the Daily Adjustment reflects the present value of the Floor and you will not receive the full benefit of the -10%&#160;Floor until the&#160;Term End Date.</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> A negative Daily Adjustment may cause you to realize loss of principal and previous earnings.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment&#8217;s risks (including the impact on Contract Value used to determine Contract fees and charges) are discussed in
                more detail in Risk Factors &#8211; Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99 of the Form S-1 Registration Statement filed with the SEC, of which this prospectus
                is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99 by calling (800) 624-0197, or visiting our website at allianzlife.com.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Performance Locks and Early Reallocations</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We must receive a Performance Lock request in Good Order before the end of the current Business Day to lock an Index Option on that
                day. Otherwise the Lock Date will occur on the next Business Day that your request is in Good Order. We do not allow Performance Locks to occur on Term End Dates. For requests submitted in writing, we do not consider the request to be
                received until it arrives at our Service Center.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You (or your Financial Professional, if authorized) can request a Performance Lock based on targets you set only through your
                account on our website. You can set upper and/or lower targets for each Index Option each Term.</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> Setting a target close to the current
                Index Option Value return (or close to the Daily Adjustment once Contract Value is reduced to zero) may cause a Performance Lock to occur very quickly.</font><font style="color: #000000; font-family: Times New Roman;"> You can change or
                cancel targets at any time before we execute a Performance Lock. Each Index Option&#8217;s targets automatically expire on the earlier of the Lock Date, or the last Business Day before the Term End Date.</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> By setting targets you are authorizing us to automatically execute a Performance Lock at the end of the Business Day on the Lock Date upon which the target is reached.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;49&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">A Performance Lock can be executed once each Term for each Index Option. We will not execute a Performance Lock on the Index Protection Strategy with
                Trigger Index Options if the Daily Adjustment&#160;on the applicable date is zero. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment
                calculated at the end of the current Business Day on the Lock Date to determine your locked Index Option Value. This &#8220;locked&#8221; Index Option Value may be more or less than the &#8220;unlocked&#8221; Index Option Value that is available for your review on
                the Lock Date because the unlocked Index Option Value was determined at the end of the </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">prior</font><font style="color: #000000; font-family: Times New Roman;"> Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term&#160;unless you execute an Early Reallocation&#160;(if available to you). Daily Adjustments do not apply to a locked
                Index Option for the remainder of the Term and the locked Index Option Value will not receive a Performance Credit on the Term End Date. For example, assume you selected one Index Option and your Index Option Value available for review in
                your account today is $20,326. If before the end of the Business Day you request a Performance Lock, today is your Lock Date. If your Index Option Value at the end of the Business Day is $20,250, you will lock in this $20,250 and it will
                not change until the next Index Anniversary.&#160;However, if you take a partial withdrawal (including financial adviser fees that you choose to have us pay from this Contract) or when we deduct a Contract fee or expense, we deduct these amounts
                proportionately from the Index Option Values, which will decrease any locked Index Option Value. On the next Index Anniversary that occurs on or immediately after the Lock Date, all locked Index Options will be unlocked, we will transfer
                the locked Index Option Value according to your instructions, and Daily Adjustments will again apply for the new Term. If you do not provide us with transfer instructions, the Index Option Value will remain in the same Index Option&#160;with a
                new Term Start Date subject to the renewal Trigger Rate, Cap, or Participation Rate for the new Term.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can also transfer assets out of a locked Index Option by requesting an Early Reallocation. You can request an Early
                Reallocation only through your account on our website. We do not accept Early Reallocation requests within 14 calendar days before an Index Anniversary and you are limited to two Early Reallocation requests each Index Year. However, each
                request can involve multiple locked Index Options. You can execute a Performance Lock and Early Reallocation on the same Business Day. After your second Early Reallocation request in an Index Year, any locked Index Options will remain
                locked until the next Index Anniversary. These limitations mean you may not be able to take advantage of any increases to Early Reallocation rates, or any advantageous changes to Index values when they become available.&#160;Executing an Early
                Reallocation will result in the remainder of the Index Year from the date you execute the Early Reallocation being added to your new Term length. For example, assume you are allocated to a 1-year Term Index Option. Eight months into the
                Term, you elect to execute a Performance Lock, and at the end of the tenth month you execute an Early Reallocation and choose a new 1-Year Term Index Option. The remaining two months of the Index Year will be added to the new 1-year Term
                for your newly selected Index Option, making the new Term length 14 months.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A Performance Lock can help eliminate doubt about future Index performance and possibly limit the impact of a negative Performance
                Credit you would otherwise receive&#160;on an Index Dual Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy Index Option. Because we transfer assets out of a locked Index Option on the Index
                Anniversary that occurs on or immediately after the Lock Date, executing a Performance Lock can also allow you to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date if you execute the lock on or before the
                second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term.&#160;If the Index Anniversary occurs on a non-Business Day, the Performance Lock must be executed before the end of the </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">prior</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman;">Business Day in order to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date.&#160;Executing an Early Reallocation on a locked Index Option can also allow you to transfer assets out
                of an Index Option before the Term End Date. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase by the Term End Date, and you will not participate in that increase. In addition, if you execute a
                Performance Lock&#160;on an Index Dual Precision Strategy,&#160;Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy Index Option, you may receive less than the full protection of the Buffer or Floor that you would have
                received if you waited for us to apply the Performance Credit on the Term End Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Early Reallocation Example.</font><font style="color: #000000; font-family: Times New Roman;"> Assume your Index
                Anniversary occurs on January 1st, and by June 15th you have locked four Index Options. You could submit an Early Reallocation request on July 17th for one Index Option, and a second request on August 14th for two more Index Options.
                However, after August 14th we will not accept any additional Reallocation Request for the remainder of the Index Year, so your one remaining locked Index Option will stay locked until the next Index Anniversary. Although you are unable to
                execute an Early Reallocation for the remainder of the Index Year, you can continue to execute Performance Locks on any unlocked Index Options.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;50&#8201;</font></div>
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              <table cellspacing="0" cellpadding="0" id="zd30403fdc6b04403873e6dde747ec0bb" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">We will not provide advice or notify
                            you regarding whether you should execute a Performance Lock&#160;or Early </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Reallocation or the optimal time for
                            doing so. We will not warn you if you execute a Performance Lock&#160;or Early </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Reallocation at a sub-optimal time.
                            We are not responsible for any losses related to your decision whether or not to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">execute a Performance Lock&#160;or Early
                            Reallocation.</font></div>
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            <div style="line-height: 13.0pt; margin-top: 16pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 16.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">5.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">AZL Government Money Market Fund</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Information regarding the AZL Government Money Market Fund, including its (i) investment objective, (ii)
                investment adviser and subadviser, (iii) current expenses, and (iv) performance is available in Appendix E &#8211; Variable Investment Option Under the Contract. The AZL Government Money Market Fund has issued a prospectus that contains more
                detailed information about the fund. You should read the prospectus for the fund carefully before investing. The fund&#8217;s prospectus and other information can be found online at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">allianzlife.com/variableoptions</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">. You can also request this information at no cost by calling (800)
                624-0197, by sending an email request to contact.us@allianzlife.com, or by contacting your Financial Professional. We send you the current copy of the AZL Government Money Market Fund's prospectus when we issue the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">There are potential risks associated with the AZL Government Money Market Fund's investment strategies. Depending on market
                conditions, you can gain or lose value by investing in the AZL Government Money Market Fund. In the future, we may add, eliminate or substitute variable investment options to the extent permitted by the federal securities laws and, when
                required, the SEC.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Currently, the AZL Government Money Market Fund is not a publicly available mutual fund. It is available only as a variable
                investment option in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified pension or retirement plans. A material conflict of interest
                may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. The AZL Government Money Market Fund's Board of Directors monitors for material conflicts, and determines what
                action, if any, should be taken to address any conflicts.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AZL Government Money Market Fund's name, investment objectives and policies may be similar to the names, investment objectives
                and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the AZL Government Money Market Fund's investment results may be higher or lower than these other
                portfolios&#8217; results. The investment advisers cannot guarantee, and make no representation, that these similar portfolios' investment results will be comparable even though the AZL Government Money Market Fund has the same name, investment
                advisers, objectives, and policies.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AZL Government Money Market Fund pays 12b-1 fees to the Contracts&#8217; distributor, our affiliate, Allianz Life Financial Services,
                LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are compensated by the AZL Government Money Market Fund's advisers,
                distributors and/or affiliates for administrative services and benefits we provide to the AZL Government Money Market Fund. The compensation amount usually is based on the AZL Government Money Market Fund's aggregate assets purchased
                through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any variable annuity contract we offer is 0.35% annually of the
                average aggregate amount invested by us in the variable investment options.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Investment Management LLC, the AZL Government Money Market Fund's investment adviser, is affiliated with us through common
                ownership.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Substitution and Limitation on Holdings</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may substitute another variable investment option for the AZL Government Money Market Fund for any reason in our sole
                discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. A new or substitute variable investment option may have
                different fees and expenses. We may limit the amount of additional Purchase Payments held in the AZL Government Money Market Fund if marketing, tax or investment considerations warrant, or for any reason in our sole discretion. We may also
                close the AZL Government Money Market Fund. The fund companies that sell shares of the AZL Government Money Market Fund to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;51&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Excessive Trading and Market Timing</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z8b2d23d0934f4a0c9d17fff765e77a40" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">Currently the Contract does not offer any variable investment options
                            to which you can allocate money. If we were to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">offer variable investment options in the future they would be subject
                            to the following provisions.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">We discourage and do not accommodate frequent transfers. We may restrict or modify your right to make transfers to prevent any use
                that we consider to be part of a market timing program.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Frequent transfers, programmed transfers, transfers into and then out of a variable investment option in a short period of time,
                and transfers of large amounts at one time (collectively referred to as &#8220;potentially disruptive trading&#8221;) may have harmful effects for other Owners, Annuitants and Beneficiaries. These risks and harmful effects include the following.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Dilution of the interests of long-term investors in a variable investment option, if market timers
                    or others transfer into a variable investment option at prices that are below their true value, or transfer out at prices above their true value.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">An adverse effect on portfolio management, such as causing a variable investment option to
                    maintain a higher level of cash or causing a variable investment option to liquidate investments prematurely.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Increased brokerage and administrative expenses.</font></div>
              </div>
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            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We attempt to protect our Owners and the variable investment options from potentially disruptive trading through our Excessive
                Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the variable investment options as follows:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Limit transfer frequency (for example, prohibit more than one transfer a week, or more than two a
                    month, etc.).</font></div>
              </div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">Restrict the transfer method (for example, requiring all transfers be sent by first-class U.S. mail
                    and rescinding electronic transfer privileges).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Require a minimum time period between each transfer into or out of the same variable investment
                    option. Our current Excessive Trading and Market Timing policy, which is subject to change without notice, prohibits &#8220;round trips&#8221; within 14 calendar days. We do not include transfers into and/or out of the AZL Government Money Market
                    Fund when available in your Contract or any automatic transfers made under any of our programs or Contract features. Round trips are transfers into and back out of the same variable investment option, or transfers out of and back into
                    the same variable investment option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Refuse transfer requests made on your behalf by an asset allocation and/or market timing service.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Limit the dollar amount of any single Purchase Payment or transfer request to a variable
                    investment option.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Prohibit transfers into specific variable investment options.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">Impose other limitations or restrictions to the extent permitted by federal securities laws.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We also reserve the right to reject any specific Purchase Payment allocation or transfer request from any person if in the
                investment adviser&#8217;s, subadviser&#8217;s or our judgment, a variable investment option may be unable to invest effectively in accordance with its investment objectives and policies. This could occur, for example, where frequent or rapid trading
                causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting variable investment option returns. Similarly, rapid or frequent trading
                may cause a variable investment option to incur excessive transaction fees, which also could affect performance.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We retain some discretion in determining what actions constitute potentially disruptive trading and in determining when and how to
                impose trading restrictions. Currently, we attempt to </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">deter</font><font style="color: #000000; font-family: Times New Roman;"> disruptive trading as
                follows. If a transfer(s) is/are identified as potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer
                restrictions. Transfer restrictions may include refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single variable investment option, we may prohibit
                transfers into or Purchase Payment allocations to that variable investment option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the
                right to impose transfer restrictions if we determine, in our sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We adopted these policies and procedures as a preventative measure to protect all Owners from the potential effects of disruptive
                trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset re-allocations based on your personal situation or overall market conditions. We attempt to protect your interests in making
                legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;52&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_39"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">We may make exceptions when imposing transfer restrictions if we determine a transfer is appropriate, although it may technically violate our policies
                and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size, whether it was purely a defensive transfer into the AZL Government Money Market Fund,
                and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate these privileges if we believe they might be used for future disruptive trading.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We cannot guarantee the following.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Our monitoring will be 100% successful in detecting all potentially disruptive trading activity.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Revoking electronic transfer privileges will successfully deter all potentially disruptive
                    trading.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In addition, some of the variable investment options are available to other insurance companies and we do not know if they adopted
                policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at detecting and preventing market timing activities, and other
                insurance companies that offer the variable investment options may not have adopted adequate market timing procedures, there is some risk that market timing activity may occur and negatively affect other Owners.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may, without prior notice to any party, take whatever action we deem appropriate to comply with any state or federal regulatory
                requirement. In addition, purchase orders for a variable investment option&#8217;s shares are subject to acceptance by that variable investment option&#8217;s manager. We reserve the right to reject, without prior notice, any variable investment option
                transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2 agreements) whereby, upon request by an underlying fund or its
                designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to: (1) provide details concerning every purchase, redemption,
                transfer, or exchange of variable investment options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain Rule 22c-2 agreements, if we fail to comply with a
                request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Variable investment options may add or change policies designed to restrict market timing activities. For example, variable
                investment options may impose restrictions on transfers between variable investment options in an affiliated group if the investment adviser to one or more of the variable investment options determines that the person requesting the
                transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a variable investment option may impose a short-term trading fee on purchases and sales within a specified period. You should review
                the variable investment options&#8217; prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would occur as a result of variable investment
                option restrictions and actions taken by the variable investment options&#8217; managers.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zf7c73c47d9af46448c34f8c0ce338d8b" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">This Contract is not designed for professional market timing
                            organizations, or other persons using programmed, large, or </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">frequent transfers, and we may restrict excessive or inappropriate
                            transfer activity.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">The retention of some level of discretion by us may result in disparate treatment among persons engaging in potentially disruptive
                trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have negative effects.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Voting Privileges</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We legally own the AZL Government Money Market Fund shares. However, when the AZL Government Money Market Fund holds a shareholder
                vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those instructions. Because most Owners do not give us instructions and we
                vote shares proportionally, a small number of Owners may determine a vote&#8217;s outcome. If we determine we no longer need to get your voting instructions, we will decide how to vote the shares. Only Owners have voting privileges. Annuitants,
                Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We determine your voting interest as follows:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">You can provide voting instructions based on the dollar value of the AZL Government Money Market
                    Fund&#8217;s shares in your Contract&#8217;s subaccount. We calculate this value based on the number and value of accumulation units for your Contract on the record date. We count fractional units.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;53&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_40"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">You receive proxy materials and a voting instruction form.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 13.0pt; margin-top: 10.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">6.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Expenses</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Contract fees and expenses reduce your investment return and are described here in detail. We set the Contract fees and expenses on
                the Issue Date and they cannot change.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Optional Benefit Additional Rider Fee</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Maximum Anniversary Value Death Benefit</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you have the Maximum Anniversary Value Death Benefit, we deduct an additional 0.20% rider fee from your Contract Value. The
                rider fee is an annualized rate that we calculate and accrue on a daily basis as a percentage of the Charge Base and deduct quarterly during the Accumulation Phase while your benefit is in effect as follows.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z32fb46991e344915a8e914015ceafa72" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Issue Date</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:198.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Non-Quarterly Contract Anniversaries</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:199pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Quarterly Contract Anniversaries*</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:231pt;">
                    <td rowspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:96.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The Charge Base is </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">equal to your initial </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Purchase Payment.</font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We begin calculating </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and accruing the </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">daily rider fee, </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">on </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">the day after the </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">Issue Date.</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:198.5pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;First we calculate and accrue the daily rider fee, </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">using the Charge Base. If this is a non-Business </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Day we use the Charge Base from the end of the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">prior Business Day.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Then if this is a Business Day we </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">increase/decrease the Charge Base as follows.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If we receive an additional Purchase </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Payment, we increase the Charge Base by </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">the dollar amount we receive.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If you take a partial withdrawal&#160;(including any </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">financial adviser fees that you choose to have </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">us pay from this Contract), or we deduct </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Contract fees and expenses other than the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">withdrawal charge, we decrease the Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Base by the percentage of Contract Value </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">withdrawn (including any withdrawal charge). </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">All withdrawals you take reduce the Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Base, even Penalty-Free Withdrawals.</font></div>
                      </div>
                    </td>
                    <td rowspan="2" style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:199pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;First we process all daily transactions and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">determine your Contract Value. Daily </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">transactions include any gains/losses due to AZL </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Government Money Market Fund performance or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">application of any Daily Adjustment (or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Performance Credit if this is also the Term End </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Date), any additional Purchase Payment, any </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">partial withdrawals you take (including financial </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">adviser fees that you choose to have us pay from </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">this Contract and any withdrawal charge), and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">deductions we make for other Contract fees and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">expenses </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">(including deduction of the accrued </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:7.34pt;">daily rider fee for the prior
                            quarter). </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">All partial </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawals you take reduce the Charge Base, </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">even Penalty-Free Withdrawals.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">We deduct the accrued rider fee for the prior </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">quarter on a dollar for dollar basis from the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Contract Value, and proportionately from each </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Index Option and the AZL Government Money </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.12pt;">Market Fund.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Then we set the Charge Base equal to this </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract Value and we calculate and accrue the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">next quarter&#8217;s</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> daily rider fee using the newly set </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Charge Base.</font></div>
                      </div>
                      <div style="line-height:9.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">*</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;line-height:8pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.31pt;">Or the next Business Day if the Quarterly Contract </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:9pt;">Anniversary is a non-Business Day.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:106pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:198.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:18.0pt;">Example:</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Contract Value is $125,000; Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">Base is $127,000; a $10,000 partial </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">withdrawal (including any withdrawal charge) </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">would decrease the Charge Base by $10,160. </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">[($10,000 &#247; $125,000) x $127,000]</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">Any increase/decrease to the Charge Base </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">will increase/decrease the daily rider fee we </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18.0pt;">calculate and accrue </font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">on the next day.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td colspan="3" style="background-color:#D8D8D8;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:494.0pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Examples of how we
                            calculate the rider fee are included in Appendix C.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">We no longer assess the 0.20% additional rider fee once we receive either the first Valid Claim from any one Beneficiary, or due
                proof of a Determining Life&#8217;s death if you and the Determining Life are different individuals and the Determining Life predeceases you. We deduct the final accrued additional rider fee before calculating the death benefit. If you take a
                full withdrawal or annuitize the Contract, we deduct the final accrued rider fee before processing the withdrawal or calculating Annuity Payments. The additional rider fee compensates us for the risks we assume under the Maximum Anniversary
                Value Death Benefit.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;54&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_41"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zfe8264126d4b4334a478c1d7d2c0036c" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:50pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:4.15pt;">When calculating the Maximum Anniversary Value, we deduct all Contract fees and expenses on the Index </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Anniversary (including the accrued rider fee if this is also a Quarterly
                            Contract Anniversary) before we capture any </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">annual investment gains. However, we do not treat the deduction of the
                            accrued rider fee as a withdrawal when </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">calculating the Maximum Anniversary Value (see section 10).</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">If on a Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is a </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">non-Business Day) the Contract Value is less than the accrued rider fee,
                            we deduct your total remaining Contract </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Value to cover the accrued rider fee and reduce your Contract Value to
                            zero.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Contract Maintenance Charge (Administrative Expenses)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Your annual contract maintenance charge is $50. This charge is for Contract administration and maintenance expenses. We waive this
                charge as follows:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">During the Accumulation Phase, if the Contract Value is at least $100,000 on the Contract
                    Anniversary.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">During the Annuity Phase&#160;if the Contract Value&#160;on the last Business Day before the Annuity Date is
                    at least $100,000.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">When paying death benefits.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">During the Accumulation Phase, we deduct the contract maintenance charge:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">on a dollar for dollar basis from the Contract Value on the Contract Anniversary (or the next
                    Business Day if the Contract Anniversary is a non-Business Day), and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">we deduct it proportionately from each Index Option and the AZL Government Money Market Fund.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you take a full withdrawal from your Contract (other than on a Contract Anniversary), we deduct the full contract maintenance
                charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing your Guaranteed Death Benefit Value. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each
                Annuity Payment (e.g., if you request semi-annual Annuity Payments we deduct 50% of the contract maintenance charge from each Annuity Payment).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Withdrawal Charge</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can take withdrawals during the Accumulation Phase. A withdrawal charge applies if any part of a withdrawal comes from a
                Purchase Payment that is still within the withdrawal charge period. We assess the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase Payments, less any Purchase Payments withdrawn (excluding any
                Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the Withdrawal Charge Basis for any amounts we deduct to pay other Contract fees and expenses. For withdrawals that are subject to a withdrawal charge,
                to pay your requested withdrawal amount we deduct </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">more</font><font style="color: #000000; font-family: Times New Roman;">
                than the amount you request and apply a withdrawal charge to the Purchase Payments deducted. Please see #3 in the following example.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We do not assess a withdrawal charge on Penalty-Free Withdrawals or amounts we deduct to pay Contract expenses,
                other than the withdrawal charge.</font><font style="color: #000000; font-family: Times New Roman;"> Amounts withdrawn to pay financial adviser fees are subject to a withdrawal charge if they exceed the free withdrawal privilege, and will
                reduce the Contract Value and Guaranteed Death Benefit Value </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">(perhaps significantly and by more than the amount withdrawn)</font><font style="color: #000000; font-family: Times New Roman;">.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z7facd6d109fd4d309ea6d1107ec65f97" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:14.5pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Calculating a Withdrawal Charge</font></div>
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                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:241pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Example</font></div>
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                    <td colspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">For purposes of calculating any withdrawal charge, we withdraw </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Purchase Payments on a &#8220;first-in-first-out&#8221; (FIFO) basis and we </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">process withdrawal requests as follows.</font></div>
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                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">You make an initial Purchase Payment of $55,000 and make </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">another Purchase Payment in the first month of the second </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract Year of $45,000. In the third month of the third </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract Year, your Contract Value is $110,000 and you </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">request a $70,000 withdrawal. We withdraw money and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">compute the withdrawal charge as follows.</font></div>
                      </div>
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                    <td colspan="2" style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">1.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">First, we withdraw from Purchase Payments that we have had </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">for six or more complete years, which is your Contract&#8217;s </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">withdrawal charge period. This withdrawal is not subject to a </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">withdrawal charge and it reduces the Withdrawal Charge Basis </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">dollar for dollar.</font></div>
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                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Purchase Payments beyond the withdrawal charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">period.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> All payments are still within the withdrawal charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">period, so this does not apply.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;55&#8201;</font></div>
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              <table cellspacing="0" cellpadding="0" id="zb94864f9354a4343ae683b073344fa7e" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:14.5pt;">
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Calculating a Withdrawal Charge</font></div>
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                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:241pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Example</font></div>
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                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">2.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Amounts available as a Penalty-Free Withdrawal. This includes </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">partial withdrawals you take during the Accumulation Phase </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">under the free withdrawal privilege or waiver of withdrawal </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">charge benefit, and RMD payments you take under our </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">minimum distribution program. Penalty-Free Withdrawals are </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">not subject to a withdrawal charge, and they do not reduce the </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Withdrawal Charge Basis.</font></div>
                      </div>
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                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Amounts available as a Penalty-Free Withdrawal.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> You </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">did not take any other withdrawals this year, so the entire </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">free withdrawal privilege (10% of your total Purchase </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">Payments, or $10,000) is available to you without incurring a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">withdrawal charge.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
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                  <tr style="height:192pt;">
                    <td colspan="2" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">3.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Next, on a FIFO basis, we withdraw from Purchase Payments </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">within your Contract&#8217;s withdrawal charge period and assess a </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">withdrawal charge. Withdrawing payments on a FIFO basis </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">may help reduce the total withdrawal charge because the </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">charge declines over time. We determine your total withdrawal </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">charge by multiplying each payment by its applicable </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">withdrawal charge percentage and then totaling the charges. </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">These withdrawals reduce the Withdrawal Charge Basis.</font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">The withdrawal charge as a percentage of each Purchase </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Payment withdrawn is as follows.</font></div>
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                    <td style="padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">3</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Purchase Payments within the withdrawal charge period </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">on a FIFO basis.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> The total amount we withdraw from the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">first Purchase Payment is $55,000, which is subject to a 7% </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">withdrawal charge, and you receive $51,150. We determine </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">this amount as follows:</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">(</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">amount withdrawn) x (1 &#8211; withdrawal charge) = the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">amount you receive, or:</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">$55,000 x 0.93 = $51,150</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">The total amount we withdraw from the second Purchase </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">Payment is $9,620, which is subject to an 8% withdrawal </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">charge, and you receive $8,850. We determine this amount </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">as follows:</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">(</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">amount withdrawn) x (1 &#8211; withdrawal charge) = the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">amount you receive, or:</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">$9,620 x&#160;0.92 =&#160;$8,850</font></div>
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                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:6pt;margin-right:5.75pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Number of Complete Years</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Since Purchase Payment</font></div>
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                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-right:0.5pt solid #000000;padding-bottom:1.5pt;padding-top:2.125pt;vertical-align:Top;width:126.25pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:5.75pt;margin-right:5.75pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Withdrawal Charge</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Amount</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:5.5pt;padding-top:2.125pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:88.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:1.5pt;vertical-align:Top;width:126.75pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">1</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">2</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">3</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">4</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">5</font></div>
                        <div style="margin-left:6pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">6 years or more</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:1.5pt;vertical-align:Top;width:126.25pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">8.5%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">8%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">7%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">6%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">5%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">4%</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0%</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:1.5pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:6pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:115.5pt;">
                    <td colspan="2" style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:253.00pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">4.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Finally, we withdraw any Contract earnings. This withdrawal is </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">not subject to a withdrawal charge and it does not reduce the </font></div>
                        <div style="margin-left: 6pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9.0pt;">Withdrawal Charge Basis.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:241pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">4.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;">&#8194;</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Contract earnings.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> We already withdrew your requested </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:9pt;">amount, so this does not apply.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">In total we withdrew $74,620 from your Contract, of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">which you received $70,000 and paid a withdrawal </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">charge of $4,620. We also reduced the 1st Purchase </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">Payment from $55,000 to $0, and your 2nd Purchase </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:9pt;">Payment from $45,000 to $35,380 ($45,000 &#8211;&#160;$9,620).</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:9pt;">Please note that this example may
                            differ from your </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;margin-left:9pt;">actual results due to rounding.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">Upon a full withdrawal, we first deduct any &#160;final rider fee and contract maintenance charge from your Contract Value before we
                calculate the withdrawal charge. We then deduct any applicable withdrawal charge from the total remaining Contract Value and send you the remaining amount. For a partial withdrawal we pay you the amount you requested and deduct this amount
                and any withdrawal charge from the total Contract Value. We deduct any partial withdrawal (including any withdrawal charge) proportionately from each Index Option and the AZL Government Money Market Fund. If a partial withdrawal occurs on a
                day that we also deduct the rider fee and/or contract maintenance charge, we deduct these&#160;fees and expenses before we calculate and deduct the partial withdrawal and any withdrawal charge from the Contract Value.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The withdrawal charge compensates us for expenses associated with selling the Contract.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;56&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_43"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Reduction or Elimination of the Withdrawal Charge</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may reduce or eliminate the withdrawal charge when the Contract is sold under circumstances that reduce its sales expenses. We
                will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a prospective purchaser already has a relationship with us. We may choose
                not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life or any of its affiliates. Also, we may reduce or eliminate the withdrawal charge when a Contract is sold by a Financial
                Professional appointed with Allianz Life to any members of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal charge reduction or elimination.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z0c7690c80ce743439c79565569c0b91a" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:62pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:4.15pt;">Upon a full withdrawal the free withdrawal privilege is not available to you, and we apply a withdrawal charge </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">against Purchase Payments that are still within the withdrawal charge
                            period, including amounts previously </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">withdrawn under the free withdrawal privilege. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">On a full withdrawal your Withdrawal Charge Basis may be </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">greater than your Contract Value because the following
                            reduce your Contract Value, but do not reduce your </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">Withdrawal Charge Basis:</font></div>
                      </div>
                    </td>
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                  <tr style="height:14pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.5pt;">prior Penalty-Free Withdrawals,</font></div>
                      </div>
                    </td>
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                  <tr style="height:14pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.5pt;">deductions we make for Contract fees and expenses other than the withdrawal charge, and/or</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:14pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">&#8211;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.5pt;">poor performance.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:28pt;">This also means that upon a full
                            withdrawal you may not receive any money.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:84pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">Withdrawals (including any financial adviser fees that you choose to have us pay from this Contract)</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;line-height:12pt;margin-left:0.0pt;"> </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">are subject to </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">ordinary income taxes, and may also be subject to a 10%
                            additional federal tax for amounts withdrawn before </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">. The amount of Contract Value available for withdrawal is also affected by the Daily Adjustment</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">(which can be negative) unless taken
                            on a Term End Date. If you have Index Options with different Term End </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">Dates, there may be no time you can
                            take a withdrawal without application of at least one Daily Adjustment. </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">Please consult with your Financial
                            Professional before requesting us to pay financial adviser fees from this </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">Contract rather than from other
                            assets you may have.</font></div>
                      </div>
                    </td>
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                  <tr style="height:24pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">For tax purposes, and in most instances, withdrawals from Non-Qualified Contracts are considered to come from </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">earnings first, not Purchase Payments.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Daily Adjustment Maximum Potential Loss</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment is how we calculate Index Option Values on days other than the Term Start Date or Term End Date. The Daily
                Adjustment approximates the Index Option Value that will be available on the Term End Date. If before the Term End Date you take a full or partial withdrawal&#160;(including any financial adviser fees that you choose to have us pay from this
                Contract), execute a Performance Lock, annuitize the Contract, we pay a death benefit, or when we deduct Contract fees and expenses, we calculate the Index Option Value by applying the Daily Adjustment. The Daily Adjustment can be positive
                or negative. Following is the maximum potential loss associated with the Daily Adjustment.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z04ab59689054466288a36e2f6eb20c43" style="empty-cells:show;width:494pt;">

                  <tr style="height:46.5pt;">
                    <td style="padding-bottom:3.5pt;padding-top:3.5pt;vertical-align:Bottom;width:217.18pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:108.18pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:1pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Protection Strategy</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">with Trigger</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:129.88pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Dual&#160;Precision Strategy,</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Precision Strategy,</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">and</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index Performance Strategy</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:38.75pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Index</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Guard</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:12pt;"> </font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Strategy</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12.5pt;">
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;width:217.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Daily Adjustment Maximum Potential Loss</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:108.18pt;">
                      <div style="line-height:12pt;margin-left:3pt;margin-right:6pt;text-align:right;width:99.18pt;">
                        <div style="display:flex;margin:auto;width:13.85pt;">
                          <div style="display:flex;white-space:nowrap;width:13.85pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:129.88pt;">
                      <div style="line-height:12pt;margin-left:6pt;margin-right:6pt;text-align:right;width:117.88pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">99%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2pt;padding-top:1.5pt;vertical-align:Top;white-space:nowrap;width:38.75pt;">
                      <div style="line-height:12pt;margin-left:6pt;text-align:right;width:32.75pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">35%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:35pt;">
                    <td style="padding-top:2pt;vertical-align:Top;width:217.18pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:10pt;">(as a percentage of Index Option Value, applies for </font></div>
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18pt;">distributions from an Index Option before any Term </font></div>
                        <div style="margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:18pt;">End Date)</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:108.18pt;">
                      <div style="line-height:0.5pt;margin-left:3pt;margin-right:6pt;text-align:right;width:99.18pt;">
                        <div style="display:flex;margin:auto;width:13.85pt;">
                          <div style="display:flex;white-space:nowrap;width:13.85pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:129.88pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:117.88pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-top:2pt;vertical-align:Top;white-space:nowrap;width:38.75pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;text-align:right;width:32.75pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Premium Tax</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Premium tax is based on your state of residence at the time you make each Purchase Payment. In states that assess a premium tax, we
                do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment, depending on the state or governmental entity.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Income Tax</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Currently, we do not deduct any Contract related income tax we incur, although we reserve the right to do so in the future.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;57&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_44"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">AZL Government Money Market Fund Expenses</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Charges deducted from and expenses paid out of the assets of the AZL Government Money Market Fund are described in the fund's
                prospectus.</font></div>
            <div style="line-height: 10.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">These expenses reduce the AZL Government Money Market Fund's performance and, therefore, negatively affect your Contract Value and
                any payments based on Contract Value.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;line-height:10pt;"> </font></div>
            <div style="line-height: 13.0pt; margin-top: 11.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">7.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Access to Your Money</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract Value is available under the following circumstances:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">by taking a withdrawal (including financial adviser fees that you choose to have us pay from this
                    Contract; withdrawals under the free withdrawal privilege and waiver of withdrawal charge benefit; and for Qualified Contracts only, RMD payments under our minimum distribution program);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">by taking Annuity Payments; or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">when we pay a death benefit.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can take withdrawals during the Accumulation Phase. We process withdrawal requests based on values next determined after
                receipt of the request in Good Order at our Service Center. Values are normally determined at the end of each Business Day. We process any withdrawal request received at or after the end of the current Business Day using values determined
                on the next Business Day.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Any partial withdrawal must be for at least $100.* The Contract Value after a partial withdrawal must be at least $2,000.* </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Any partial withdrawal that reduces the Contract Value below this minimum will be treated as a full withdrawal. A full withdrawal will cause the
                Contract </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold; text-decoration: underline;">and all of its benefits</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> to end.</font></div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 4pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">*</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 14pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Does not apply to RMD payments under our minimum distribution program.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We deduct any partial withdrawal (including any withdrawal charge) proportionately from each Index Option and the AZL Government
                Money Market Fund. The Index Option Value from which a partial withdrawal is deducted during a Term will include any applicable Daily Adjustment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">When you take a full withdrawal of the Cash Value we process your request on the Business Day we receive it in Good Order at our
                Service Center as follows:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">total Contract Value including any Daily Adjustment,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">less any&#160;final rider fee and contract maintenance charge, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">less any withdrawal charge.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">See the Fee Tables and section 6, Expenses for a discussion of the Contract fees and expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A partial or full withdrawal is subject to a withdrawal charge if taken within six years of your last Purchase Payment, and if
                taken on a day other than a Term End Date we will apply the Daily Adjustment to the Index Option Values before deducting the withdrawal. A partial withdrawal is not subject to any Contract fees or expenses other than the withdrawal charge,
                but on a full withdrawal we do deduct any&#160;final rider fee and contract maintenance charge. Partial withdrawals (including any withdrawal charge) reduce Contract Value and Cash Value dollar for dollar, and reduce the Guaranteed Death Benefit
                Value proportionately. The reduction to Contract Value also reduces the following which are based on Contract Value: the likelihood of receiving increases to the Maximum Anniversary Value if the Maximum Anniversary Value Death Benefit is
                selected, and&#160;RMD payments. A full withdrawal will end the Contract and all its benefits.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We pay withdrawals promptly, but in no event later than seven days after receipt of your request in Good Order at our Service
                Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;58&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4b06f82b-1bbc-4efb-acdf-43acf4cadda5_45"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="ze96321e23cc24077a2255f4dba36b233" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:50pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:4.15pt;">Withdrawals are subject to a withdrawal charge, income taxes, and may also be subject to a 10% additional federal </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">tax for amounts withdrawn before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">. The amount of Contract Value available for
                            withdrawal may also be </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">affected by the Daily Adjustment </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">(which can be negative)</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;"> Please consult with your Financial Professional
                            before </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">requesting us to pay financial
                            adviser fees from this Contract rather than from other assets you may have.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:36pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">Joint Owners:</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> We send each Joint Owner a check for half of the withdrawal
                            amount and we tax report that Joint </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">Owner individually. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Tax reporting each Joint Owner individually can create a discrepancy in taxation if only one </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">Joint Owner is under age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-style:italic;font-weight:bold;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;"> because that Joint Owner may</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#160;be subject to the 10% additional federal tax.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:72pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">We may be required to provide information about you or your Contract to government regulators. We may also be </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">required to stop Contract disbursements and thereby refuse any transfer
                            requests, and refuse to pay any withdrawals </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">(including a full withdrawal), or death benefits until we receive
                            instructions from the appropriate regulator. If, </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">pursuant to SEC rules, the AZL Government Money Market Fund suspends
                            payment of redemption proceeds in </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">connection with a fund liquidation, we will delay payment of any
                            transfer, full or partial withdrawal, or death benefit </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">from the AZL Government Money Market Fund subaccount until the fund is
                            liquidated.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Free Withdrawal Privilege</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Each Contract Year during the Accumulation Phase, you can withdraw up to 10% of your total Purchase Payments without incurring a
                withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available to you in the next Contract Year. Withdrawals from Purchase Payments that are outside the six
                year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. RMD payments you take under our minimum distribution program and withdrawals under the waiver of withdrawal charge
                benefit are not subject to a withdrawal charge, but do reduce your free withdrawal privilege. Amounts we deduct for any financial adviser fees that you choose to have us pay from this Contract also reduce your free withdrawal privilege.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-decoration: underline;">Example</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Assume your initial Purchase Payment 10 years ago was $90,000, and you made a second $100,000 Purchase Payment 3 years ago. You
                take a RMD payment of $1,500 and withdraw $150,000 when the Contract Value is $275,000. The RMD payment is not subject to a withdrawal charge, but reduces the amount available under the free withdrawal privilege to $17,500 (10% x $190,000
                total Purchase Payments = $19,000 - $1,500 RMD payment). After the RMD payment, $107,500 is available to you without a withdrawal charge: the initial $90,000 Purchase Payment that is beyond the 6-year withdrawal charge period, and $17,500
                remaining free withdrawal privilege. The remaining $42,500 of your requested withdrawal would be subject to a 7% withdrawal charge.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z60e105319a7b49b3b726fa4502fb9d21" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
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                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">The free withdrawal privilege is not available upon a
                            full withdrawal.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Minimum Distribution Program and Required Minimum Distribution (RMD) Payments</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you own an IRA or SEP IRA Contract, you can participate in the minimum distribution program during the Accumulation Phase. If
                you have an Inherited IRA Contract or Inherited Roth&#160;IRA Contract we generally require you to participate in the minimum distribution program when you purchase this Contract. Under this program, we make payments to you designed to meet the
                applicable minimum distribution requirements imposed by the Code for this Qualified Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount during the Contract Year. We do not
                consider deductions we make for financial adviser fees that you choose to have us pay from this Contract to be RMD payments. However, Contract Value is one of the components we use to calculate RMD payments, so these deductions may reduce
                your future RMD payments. We apply the Daily Adjustment to the Index Option Values if RMD payments are deducted on days other than a Term End Date. We can make payments to you monthly, quarterly, semi-annually or annually. However, if your
                Contract Value is less than $25,000, we only make annual payments. We do not allow you to aggregate RMD payments between this Contract and other qualified contracts that you own for purposes of this program. We must receive your program
                form instructions in Good Order at our Service Center before the end of the Business Day before payments begin.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We reserve the right to discontinue or modify the minimum distribution program subject to the requirements of law.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z729ae35b067d466ea522d4fd7556fdf1" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:auto;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">You should consult a tax adviser before purchasing a
                            Qualified Contract that is subject to RMD payments, or if </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">you have a Qualified Contract purchased through a
                            qualified plan.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;59&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Waiver of Withdrawal Charge Benefit</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">After the first Contract Year, you can take withdrawals and we waive the withdrawal charge if you:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">begin confinement after the first Contract Anniversary in an eligible facility (a hospital, nursing
                    facility, or assisted living facility) for at least 90 days in a 120-day period, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">are unable to perform at least two of six activities of daily living (ADLs) for at least 90
                    consecutive days. ADLs include bathing, dressing, toileting, continence, eating, and transferring (moving into or out of a bed, chair, or wheelchair).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We must receive proof of staying in an eligible facility or ADL eligibility before we waive the withdrawal charge. For ADL
                eligibility we may require, at our expense, an examination or tests by a physician of our choice. This waiver is not available if on the Issue Date you were confined to an eligible facility, or were unable to perform all six of the ADLs. We
                base this benefit on the Annuitant for non-individually owned Contracts. Withdrawals under this benefit reduce the free withdrawal privilege amount during the Contract Year. We apply the Daily Adjustment to the Index Options if withdrawals
                under this benefit are deducted on days other than the Term End Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Suspension of Payments or Transfers</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may be required to suspend or postpone transfers or payments for withdrawals for more than seven days after receipt of your
                request in Good Order at our Service Center, for any period when:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the New York Stock Exchange is closed (other than customary weekend and holiday closings);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">trading on the New York Stock Exchange is restricted;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">an emergency (as determined by the SEC) exists as a result of which disposal of the AZL Government
                    Money Market Fund shares is not reasonably practicable or we cannot reasonably value the shares; or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">during any other period when the SEC, by order, so permits for the protection of Owners.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 13.0pt; margin-top: 10.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">8.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">The Annuity Phase</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Prior to annuitization, you can take a full withdrawal and receive your Cash Value. If you take a full withdrawal on any day other
                than a Term Start Date or Term End Date we apply the Daily Adjustment to the Index Option Values before we deduct the final Contract fees and expenses.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Annuity Payments offer a guaranteed lifetime income stream with certain tax advantages and are designed for Owners who no longer
                need immediate access to Contract Value to meet their short-term income needs.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can request regular periodic fixed Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the
                payments, whether or not you are the Payee. We may require proof of the Annuitant(s)&#8217; age before we make any life contingent Annuity Payment. If you misstate the Annuitant(s)&#8217; age or gender, we recalculate the Annuity Payments based on the
                correct age or gender.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Calculating Your Annuity Payments</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We base Annuity Payments upon the following:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract Value less the final&#160;rider fee (if applicable) on the Annuity Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">The age of the Annuitant and any joint Annuitant on the Annuity Date.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">The gender of the Annuitant and any joint Annuitant where permitted.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Annuity Option you select.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract&#8217;s interest rate (or current rates, if higher) and mortality table.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For any Index Option for which the Annuity Date is not a Term End Date, Contract Value reflects the Daily Adjustment. We guarantee
                the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payment option period that you selected, except as provided under Annuity Option G. We deduct the contract maintenance charge
                proportionately from each Annuity Payment (e.g., if you request semi-annual Annuity Payments we deduct 50% of the contract maintenance charge from each Annuity Payment). However, if your Contract Value on the last Business Day before the
                Annuity Date is at least $100,000, we waive the contract maintenance charge during the Annuity Phase.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;60&#8201;</font></div>
          </div>
        </div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Annuity Payment Options</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">You can choose one of the Annuity Options described below. After Annuity Payments begin, you cannot change the Annuity Option, or
                transfer or withdraw Contract Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option A - Guaranteed Period. </font><font style="color: #000000; font-family: Times New Roman;">We make Annuity
                Payments for a guaranteed period of ten years.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option B - Life.</font><font style="color: #000000; font-family: Times New Roman;"> We make Annuity Payments
                during the life of the Annuitant, and the last payment is the one that is due before the Annuitant&#8217;s death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option C - Life with Guaranteed Period.</font><font style="color: #000000; font-family: Times New Roman;"> We make
                Annuity Payments during the life of the Annuitant, with payments for a minimum guaranteed period that you select. The guaranteed period must be either five or ten years.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option F - Joint and Survivor.</font><font style="color: #000000; font-family: Times New Roman;"> We make Annuity
                Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant. If both Annuitants die shortly after the
                Annuity Date, the Payee may receive less than your investment in the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option G - Joint and 2/3 Survivor Annuity. </font><font style="color: #000000; font-family: Times New Roman;">We
                make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant at 2/3 of the original amount.
                If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Under Annuity Options B, F and G, if all Annuitants die on or after the Annuity Date and before we send the first Annuity Payment, we
                will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the Beneficiary(s) if there is no surviving Owner. If the Owner is a
                non-individual, we pay the Owner.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">After the Annuitant&#8217;s death under Annuity Options A and C, we make Annuity Payments during the remaining guaranteed period in the
                following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner&#8217;s Beneficiaries, or to the last surviving Owner&#8217;s estate if there are no remaining or named Beneficiaries.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Annuity Payments are usually lower if you select an Annuity Option that requires us to make more frequent Annuity Payments or to make
                payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an older Annuitant and payout rates for life with a guaranteed period are
                typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 10-year guaranteed period are less than payout rates for a 5-year guaranteed period, and payout rates for a 50-year-old
                Annuitant are less than payout rates for a 70-year-old Annuitant.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z15db6b5629c248229bda285d1a184282" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:26pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.15pt;">If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">under Annuity Option C with ten years of guaranteed
                            monthly payments.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">For Owners younger than age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-weight:bold;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">, Annuity
                            Payments may be subject to a 10% additional federal tax.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">For a Qualified Contract, the Annuity Payments must end ten years after the Owner&#8217;s death.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">When Annuity Payments Begin</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Annuity Payments must begin on the maximum Annuity Date stated in your Contract, which is the Index Anniversary that occurs on or
                immediately after the Annuitant reaches age 100. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required distribution rules under certain Qualified Contracts. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">You can make an authorized request for an earlier Annuity Date after the Issue Date, but any such request is subject to applicable law and our approval. </font><font style="color: #000000; font-family: Times New Roman;">Your Annuity Date must occur on an Index Anniversary. The earliest available Annuity Date is the&#160;second Index Anniversary.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z16d6c0f9e1944792a87b46e685c4dfca" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:26pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:4.15pt;">If Annuity Payments would be less than $100, we reserve the right to require you to take a full withdrawal and </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:14pt;">your Contract will then terminate.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:60pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:1.9pt;">If on the maximum Annuity Date your Contract Value is greater than zero, you must annuitize the Contract.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">We notify you of your available options in writing 60 days in advance. </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">If on your maximum Annuity Date you have </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">not selected an Annuity Option, we
                            make payments under Annuity Option C with ten years of guaranteed monthly </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:14pt;">payments.</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;"> Upon annuitization you no longer have Contract Value or a death benefit, and you cannot receive any </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:14pt;">other periodic withdrawals or payments other than Annuity Payments.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 1.0pt;"> </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;61&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 13.0pt; margin-top: 12pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">9.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Benefits Available Under the Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following tables summarize information about the benefits available under the Contract.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zbe2ad4397b2b4c2ca86f972141c7555b" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

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                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:494.0pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Standard</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;"> Benefits (No Additional Charge)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:28pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Name of</font></div>
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Benefit</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Purpose</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Brief Description of
                            Restrictions/Limitations</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:116pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Free</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Withdrawal</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Privilege</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Allows you to withdraw up to 10% of your total </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Purchase Payments each Contract Year without </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">incurring a withdrawal charge.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Not available upon a full withdrawal.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Unused free withdrawal amounts not available in </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">future years.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals may be subject to negative </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Daily Adjustments.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals are subject to income taxes, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and may also be subject to a 10% additional </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">federal tax for amounts withdrawn before age </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">59</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                      </div>
                    </td>
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                  <tr style="height:171pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Minimum</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Distribution</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;margin-left:0.0pt;"> </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Program</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Allows you to automatically take withdrawals to </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">satisfy the minimum distribution requirements (RMD) </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">imposed by the Internal Revenue Code.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available to IRA or SEP IRA Contracts.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Generally required for Inherited IRA and Inherited </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Roth IRA Contracts.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals count against free withdrawal </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">privilege.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals may be subject to negative </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Daily Adjustments.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals are subject to income taxes.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals may be monthly, quarterly, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">semi-annual or annual, unless you have less than </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">$25,000 in Contract Value, in which case only </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">annual payments are available.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We reserve the right to discontinue or modify the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">program subject to the requirements of law.</font></div>
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                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Financial</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Adviser</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Fees</font></div>
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                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If you have a financial adviser and want to pay their </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">financial adviser fees from this Contract, you can </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">instruct us to withdraw the fee from your Contract </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">and pay it to your Financial Professional or Financial </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Professional&#8217;s firm as instructed.</font></div>
                      </div>
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                    <td style="padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Financial adviser fees are in addition to the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Contract&#8217;s fees and expenses.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Deductions for financial adviser fees are treated as </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawals under the Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals count against free withdrawal </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">privilege.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals may be subject to negative </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Daily Adjustments.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals are subject to withdrawal </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">charges and income taxes, and may also be </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">subject to a 10% additional federal tax for amounts </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">withdrawn before age 59</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We reserve the right to discontinue or modify the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">program.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;See section 1 for an example of how deduction of </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">financial adviser fees impact the Contract.</font></div>
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                    </td>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;62&#8201;</font></div>
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                  <tr style="height:17.5pt;">
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Standard Benefits (No Additional Charge)</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Name of</font></div>
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Benefit</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Purpose</font></div>
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                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Brief Description of
                            Restrictions/Limitations</font></div>
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                  <tr style="height:215pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Waiver of</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Withdrawal</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Charge</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefit</font></div>
                      </div>
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                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Waives withdrawal charges if you are confined for </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">care, or are unable to perform at least two out of six </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">activities of daily living (ADLs).</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Confinement must begin after the first Contract </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Anniversary, be for at least 90 days in a 120-day </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">period, and requires proof of stay.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Inability to perform two ADLs must be for at least </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">90 consecutive days and may require an exam or </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">tests by a physician.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Not available on the Issue Date if any Owner was </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">confined to an eligible facility, or unable to perform </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">all six ADLs.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals count against free withdrawal </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">privilege.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals may be subject to negative </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Daily Adjustments.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Program withdrawals are not subject to withdrawal </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">charges, but are subject to income taxes, and may </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">also be subject to a 10% additional federal tax for </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">amounts withdrawn before age 59</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8725;</font><font style="color:#000000;font-family:Arial Narrow;font-size:6pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;State variations may apply.</font></div>
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                  <tr style="height:113.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:87.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Traditional</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Death Benefit</font></div>
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                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Provides a death benefit equal to the greater of the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract Value, or Guaranteed Death Benefit Value. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">The Guaranteed Death Benefit Value is total </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Purchase Payments adjusted for withdrawals.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">An example of the death benefit provided by the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Traditional Death Benefit is included in section 10, </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Death Benefit.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">An example of how deduction of financial adviser </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">fees impact the death benefit is included in section 1.</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Benefit only available during the Accumulation </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Withdrawals, including any negative Daily </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adjustments, may significantly reduce the benefit </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">as indicated in section 1, Financial Adviser Fee </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Deduction Example.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Restrictions on Purchase Payments may limit the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">benefit.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Annuitizing the Contract will end the benefit.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Standard Benefits (No Additional Charge)</font></div>
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                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Name of</font></div>
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Benefit</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Purpose</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Brief Description of
                            Restrictions/Limitations</font></div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Performance</font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Lock and Early </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Reallocations</font></div>
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                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Allows you to capture the current Index Option Value </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">during the Term for an Index Option. Can help </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">eliminate doubt about future Index performance and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">possibly limit the impact of negative performance. </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Can allow you to transfer out of an Index Option </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">before the Term End Date.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">A Performance Lock example is included in section </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">4, Valuing Your Contract &#8212; Performance Locks and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Early Reallocations.</font></div>
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                    <td style="padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:203.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Performance Locks must be executed before the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Term End Date.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If a Performance Lock is executed, the locked </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Index Option will no longer participate in Index </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">performance (positive or negative) for the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">remainder of the Term, and will not receive a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Performance Credit on the Term End Date.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;You will not know your locked Index Option Value </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">in advance.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;The locked Index Option Value will reflect a Daily </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adjustment.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;If a Performance Lock is executed when Daily </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adjustment has declined, it will lock in any loss.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;A Performance Lock can be executed only once </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">each Term for each Index Option.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Cannot execute a Performance Lock for only a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">portion of the Index Option Value.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Early Reallocation requests are not accepted </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">within 14 calendar days before an Index </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Anniversary and are limited to two Early </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Reallocation requests each Index Year.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Deductions (e.g. withdrawals, fees) decrease the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">locked Index Option Value.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Cannot transfer Index Option Value until the Term </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">End Date unless you execute a Performance Lock.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#8226;&#8194;We will not provide advice or notify you </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">regarding whether you should execute a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">Performance Lock or Early Reallocation or the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">optimal time for doing so.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#8226;&#8194;We will not warn you if you execute a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">Performance Lock or Early Reallocation at a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">sub-optimal time.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#8226;&#8194;We are not responsible for any losses related </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">to your decision whether or not to execute a </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:7.34pt;">Performance Lock or Early Reallocation.</font></div>
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            <div style="line-height: 0.0pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;margin-left:7.34pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
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                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:5pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Optional</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;"> Benefits</font></div>
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                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Name of</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;line-height:11pt;"> </font></div>
                        <div style="margin-left:5pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Benefit</font></div>
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                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Purpose</font></div>
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                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:58pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Maximum</font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Fee</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Bottom;width:189pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:5pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Brief Description of
                            Restrictions/Limitations</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:156.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:58.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Maximum </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Anniversary </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Value Death </font></div>
                        <div style="margin-left: 5pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefit</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:188.5pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Provides a death benefit equal to the greater of </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the Contract Value, or Guaranteed Death Benefit </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Value. The Guaranteed Death Benefit Value is </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">the Maximum Anniversary Value.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">An example of the death benefit provided by the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Maximum Anniversary Value Death Benefit, and </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">calculation of the Maximum Anniversary Value is </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">included in section 10, Death Benefit.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">An example of how deduction of financial adviser </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">fees impact the death benefit is included in </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 4.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">section 1.</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:58pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">0.20%</font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;">(as a </font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;">percentage of </font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;">the Charge </font></div>
                        <div style="margin-left:4.75pt;margin-right:4.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;">Base)</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.625pt;padding-top:2.625pt;vertical-align:Top;width:189pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Must be age 75 or younger to elect.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Can only be added to a Contract at issue.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Replaces the Traditional Death Benefit if </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">elected.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Benefit cannot be removed from the Contract.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Only available during the Accumulation Phase.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Withdrawals, including any negative Daily </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adjustment, may significantly reduce the </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">benefit as indicated in section 1, Financial </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Adviser Fee Deduction Example.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Withdrawals reduce the likelihood of lock in.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Restrictions on Purchase Payments may limit </font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">the benefit.</font></div>
                        <div style="margin-left: 4.75pt; margin-right: 5pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Annuitizing the Contract will end the benefit.</font></div>
                      </div>
                    </td>
                  </tr>

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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;64&#8201;</font></div>
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            <div style="line-height: 13.0pt; margin-top: 16pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">10.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Death Benefit</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">&#8220;You&#8221; in this section refers to the Owner, or the Annuitant if the Contract is owned by a non-individual.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Contract provides the Traditional Death Benefit, the standard death benefit, for no additional charge. If available, you can
                instead select the optional Maximum Anniversary Value Death Benefit at Contract issue for an additional rider fee if all Owners and the Annuitant are age 75 or younger. The Maximum Anniversary Value Death Benefit can only be added to a
                Contract at issue. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit, but they may be equal. Please discuss
                this benefit&#8217;s appropriateness with your Financial Professional.</font><font style="color: #000000; font-family: Times New Roman;"> The death benefit is the greater of the Contract Value, or Guaranteed Death Benefit Value. The Guaranteed
                Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take (including any withdrawal charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum
                Anniversary Value Death Benefit.&#160;</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The death benefit is only available during the Accumulation Phase.</font><font style="color: #000000; font-family: Times New Roman;"> If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required information, which is either a Valid Claim or due
                proof of death as stated here. (For information on due proof of death see the Glossary &#8211; Valid Claim). If we receive this information at or after the end of the current Business Day, we use the next Business Day&#8217;s prices.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If there are multiple Beneficiaries, each Beneficiary receives the portion of the death benefit he or she is entitled to when we
                receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary&#8217;s interest in this Contract ends unless your Beneficiary designation specifies otherwise. If there are no remaining Beneficiaries, or
                no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a specific percentage of the death benefit, each Beneficiary receives an equal
                share.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Each Beneficiary&#8217;s portion of the death benefit remains in the Index Options based on the allocation instructions that were in
                effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there is Variable Account Value in the AZL Government Money Market Fund on the
                date of death, it remains there until the next Index Anniversary. However, if before the next Index Anniversary we receive a Valid Claim and death benefit payment Option A, or Annuity Payments under death benefit payment Option C is
                selected, we transfer the Variable Account Value on the date we receive the Valid Claim. If an Index Anniversary occurs before we receive a Valid Claim, we will transfer that Beneficiary&#8217;s portion of the Variable Account Value to the Index
                Options based on the allocation instructions that were in effect on the date of death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">From the time we determine the death benefit until we make a complete distribution, any amount in the Index Options and the AZL
                Government Money Market Fund continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or process transfer requests. After we receive the first Valid Claim
                from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">On the first death of a Determining Life during the Accumulation Phase, if your selected death benefit is in effect your
                Beneficiary(s) will receive the greater of the Contract Value&#160;or Guaranteed Death Benefit Value.&#160;The Guaranteed Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take (including any withdrawal
                charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. For example, assume total Purchase Payments are $90,000, you take no withdrawals, the highest
                Contract Value on any Index Anniversary (the Maximum Anniversary Value) is $105,000, and the current Contract Value is $100,000. The death benefit for the Traditional Death Benefit is the $100,000 Contract Value, and for the Maximum
                Anniversary Value Death Benefit it is the $105,000 Maximum Anniversary Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If the date we are determining the death benefit is not the Term End Date, the Contract Value reflects the Daily Adjustment.
                Withdrawals you take reduce your Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge), determined at the end of each Business Day. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">All withdrawals you take reduce the Guaranteed Death Benefit Value and Contract Value, even Penalty-Free Withdrawals, and financial adviser fees that you choose to have us pay from
                this Contract.&#160;</font><font style="color: #000000; font-family: Times New Roman;">However, we&#160;do not reduce the Guaranteed Death Benefit Value for deductions we make for Contract fees and expenses.&#160;</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Deductions for Contract fees and expenses&#160;will, however, decrease the Contract Value by the dollar amount withdrawn&#160;and reduce the likelihood of receiving increases to
                the </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;65&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Maximum Anniversary Value</font><font style="color: #000000; font-family: Times New Roman;">.&#160;</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">In addition, because the death benefit is the greater of Contract Value, or the Guaranteed Death Benefit Value, deductions we make for Contract
                fees and expenses may reduce the death benefit available to your Beneficiaries.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Examples of the impact of withdrawals for financial adviser fees that you choose to have us pay from this Contract on the death
                benefit are included in section 1.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Maximum Anniversary Value</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Maximum Anniversary Value is initially equal to the Purchase Payment received on the Issue Date. At the end of each Business
                Day, we adjust the Maximum Anniversary Value as follows.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We increase it by the dollar amount of any additional Purchase Payments.</font></div>
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              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">We reduce it by the percentage of any Contract Value you withdraw (including any withdrawal
                    charge).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If the Index Effective Date occurs after the Issue Date, the Maximum Anniversary Value on the Index Effective Date is calculated in
                the same way as on an Index Anniversary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">On each Index Anniversary before the end date (or on the next Business Day if the Index Anniversary is not on a Business Day) the
                Maximum Anniversary Value is equal to the greater of:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">its current value after processing any additional Purchase Payments, or withdrawals you take
                    (including any withdrawal charge), or</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the Contract Value determined at the end of the Business Day after we process all daily
                    transactions including Performance Credits, any additional Purchase Payments, withdrawals you take including any withdrawal charges, and deductions we make&#160;for other Contract fees and expenses. Contract Value reflects the Daily
                    Adjustment for an Index Option for which this anniversary is not a Term End Date. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Negative Index Option performance, withdrawals
                    you take, and deductions we make for Contract fees&#160;or expenses decrease the Contract Value and reduce the likelihood of receiving increases to the Maximum Anniversary Value.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">On and after the end date, we no longer make this comparison and we no longer capture any annual investment gains in the Maximum
                Anniversary Value.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The end date occurs on the earliest of:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the older Determining Life&#8217;s 91st birthday, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the end of the Business Day we receive the first Valid Claim from any one Beneficiary.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Example</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z7f53dd9f09d3460b9fc494138718d5fa" style="empty-cells:show;width:494pt;">

                  <tr style="height:27pt;">
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:332.96pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:4pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:42.47pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:3pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Contract</font></div>
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Value</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.5pt;vertical-align:Bottom;width:118.56pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:3pt;margin-right:4pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Maximum Anniversary Value</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:13.5pt;">
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:332.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Issue Date</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:42.47pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 100,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:1.5pt;vertical-align:Top;width:118.56pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 100,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:332.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">1</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">st</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index Anniversary</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:42.47pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 110,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:118.56pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 110,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:332.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">2</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">nd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index Anniversary</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:42.47pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 95,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:118.56pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 110,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:332.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">3</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">rd</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index Anniversary</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:42.47pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 105,000</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:118.56pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 110,000</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11.5pt;">
                    <td style="padding-top:2.5pt;vertical-align:Top;width:332.96pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">4</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;margin-left:0.0pt;position:relative;top:-4.25pt;">th</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;"> Index Anniversary</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:42.47pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:3pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 120,000</font></div>
                      </div>
                    </td>
                    <td style="padding-top:2.5pt;vertical-align:Top;width:118.56pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left:3pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;">$ 120,000</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;">&#8195;</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">On the Issue Date the Maximum Anniversary Value is equal to the initial Purchase Payment of
                    $100,000.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">On the 1st Index Anniversary the Contract Value is greater than the Maximum Anniversary Value, so
                    the Maximum Anniversary Value increases to equal the Contract Value of $110,000.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">On the 2nd and 3rd Index Anniversaries the Contract Value is less than the Maximum Anniversary
                    Value, so we neither increase nor decrease the Maximum Anniversary Value. The Maximum Anniversary Value will stay at $110,000 until the Contract Value on an Index Anniversary is greater than this amount or you make an additional
                    Purchase Payment (either of which will increase the Maximum Anniversary Value), or you take a withdrawal (which will decrease the Maximum Anniversary Value).</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">On the 4th Index Anniversary the Contract Value is greater than the Maximum Anniversary Value, so
                    the Maximum Anniversary Value increases to equal the Contract Value of $120,000.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;66&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_6"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">What Happens Upon Death?</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you are the Determining Life, or if you and the Determining Life (Lives) are different individuals and die within 120 hours of
                each other, we determine the Guaranteed Death Benefit Value at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries, each surviving Beneficiary receives the greater of their portion of the:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Guaranteed Death Benefit Value determined at the end of the Business Day we receive the first
                    Valid Claim from any one Beneficiary, or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Contract Value determined at the end of the Business Day during which we receive his or her Valid
                    Claim.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you and the Determining Life (Lives) are different individuals and do not die within 120 hours of each other, the death benefit is
                as follows. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">This can only occur if you change the Owner after the Issue Date.</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">If a Determining Life dies before you, we do not pay a death benefit to the
                    Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit or Maximum Anniversary Value Death Benefit are still in effect</font><font style="color: #000000; font-family: Times New Roman;">. At the end of the
                    Business Day we receive due proof of a Determining Life&#8217;s death we increase the Contract Value to equal&#160;the Guaranteed Death Benefit Value if greater, </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">and your selected death benefit ends</font><font style="color: #000000; font-family: Times New Roman;">. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index
                    Anniversary we transfer the Variable Account Value to the Index Options according to your allocation instructions.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the
                    Business Day during which we receive each Beneficiary&#8217;s Valid Claim.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The Traditional Death Benefit and Maximum Anniversary Value Death Benefit end upon the earliest of the following.</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Business Day before the Annuity Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Business Day that the Guaranteed Death Benefit Value and Contract Value are both zero.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Upon the death of a Determining Life, the end of the Business Day we receive a Valid Claim from
                    all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different individuals and die within 120 hours of each other.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Upon the death of a Determining Life, the end of the Business Day we receive due proof of the
                    Determining Life&#8217;s death if you and the Determining Life (Lives) are different individuals and do not die within 120 hours of each other.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Upon the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the
                    Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The Business Day the Contract ends.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z1f43252a77b2487ea6f6e548a8498e4c" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:26pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">We base the Guaranteed Death Benefit Value on the first death of a
                            Determining Life (or Lives). This means that upon </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">the death of an Owner (or Annuitant if the Owner is a non-individual),
                          </font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">if a surviving spouse continues the Contract:</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">the Guaranteed Death Benefit Value is no longer available, and</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:12pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;</font><font style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:1.9pt;">if you selected the Maximum Anniversary Value Death Benefit, we no longer assess its 0.20% rider fee.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:30pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Also, if you and the Determining
                            Life (Lives) are different individuals and you die first, the Guaranteed Death Benefit </font></div>
                        <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;margin-left:0.0pt;">Value is not available to your
                            Beneficiary(s).</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Death of the Owner and/or Annuitant</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Appendix A to the Form N-4 SAI includes tables that are intended to help you better understand what happens upon the death of any
                Owner and/or Annuitant under the different portions of the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Death Benefit Payment Options During the Accumulation Phase</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Each Beneficiary must select one of the death benefit payment options listed below.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If a Beneficiary requests a lump sum payment under Option A, we pay that Beneficiary within seven days of receipt of his or her Valid
                Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Spousal Continuation:</font><font style="color: #000000; font-family: Times New Roman;"> If the Beneficiary is the
                deceased Owner&#8217;s spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. However, spousal continuation is not available if this is an Inherited IRA, or
                Inherited Roth IRA. For an IRA, Roth IRA, or SEP IRA Contract, spousal continuation can only occur if the surviving spouse is the Contract&#8217;s sole primary Beneficiary. For Qualified Contracts purchased through a qualified plan and
                non-individually owned Contracts, spousal continuation is only available to </font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;67&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Qualified Contracts through a direct rollover to an IRA. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Spouses



                must qualify as such under federal law to continue the Contract.</font><font style="color: #000000; font-family: Times New Roman;"> Individuals who have entered into a registered domestic partnership, civil union, or other similar
                relationship that is not considered to be a marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death
                benefit. If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal&#160;the Guaranteed Death
                Benefit Value if greater and available, and your selected death benefit ends. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer it to the Index Options according
                to allocation instructions. If the surviving spouse continues the Contract:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">he or she becomes the new Owner and may exercise all of the Owner&#8217;s rights, including naming a new
                    Beneficiary or Beneficiaries;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">he or she is subject to any remaining withdrawal charge; and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">upon the surviving spouse&#8217;s death their Beneficiary(s) receive the Contract Value determined at
                    the end of the Business Day during which we receive a Valid Claim from each Beneficiary.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Death Benefit Payment Options</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following applies to Non-Qualified Contracts. Different rules may apply to Qualified Contracts. For more information, please
                see section 11, Taxes &#8211; Distributions Upon the Owner&#8217;s Death (or Annuitant&#8217;s Death if the Owner is a Non-Individual).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option A:</font><font style="color: #000000; font-family: Times New Roman;"> Lump sum payment of the death
                benefit.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option B:</font><font style="color: #000000; font-family: Times New Roman;"> Payment of the entire death benefit
                within five years of the date of any Owner&#8217;s death. The Beneficiary can continue to make transfers between Index Options.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Option C:</font><font style="color: #000000; font-family: Times New Roman;"> If the Beneficiary is an
                individual, payment of the death benefit as Annuity Payments under Annuity Options A, B, or C. If you take the death benefit as Annuity Payments we do not require that the Annuity Date occur on an Index Anniversary. With our written consent
                other options may be available for payment over a period not extending beyond the Beneficiary&#8217;s life expectancy under which the Beneficiary can continue to make transfers between Index Options.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Distribution from Non-Qualified Contracts under Option C must begin within one year of the date of the Owner&#8217;s death. Any portion
                of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner&#8217;s death must be distributed within five years of the date of death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If a Non-Qualified Contract is owned by a non-individual, then we treat the death of an Annuitant as the death of an Owner for
                purposes of the Code&#8217;s distribution at death rules, which are set forth in Section 72(s) of the Code.</font></div>
            <div style="line-height: 10.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In all events, notwithstanding any provision to the contrary in the Contract or this prospectus, a Non-Qualified Contract is
                interpreted and administered in accordance with Section 72(s) of the Code.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11.5pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">11.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Taxes</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">This section provides a summary explanation of the tax ramifications of purchasing a Contract. </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract&#8217;s effects on your personal tax situation.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Annuity Contracts in General</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Annuity contracts are a means of setting aside money for future needs &#8211; usually retirement. Congress recognized the importance of
                saving for retirement and provided special rules in the Code for annuities.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">There are different rules regarding how you will be taxed, depending upon how you take the money out and whether the annuity is
                Qualified or Non-Qualified. Generally, any taxable distribution is subject to income taxes at ordinary income tax rates (instead of capital gains rates).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can purchase either a Qualified Contract or a Non-Qualified Contract.&#160; If you do not purchase one of the various types of
                Qualified Contracts described in this section, the Contract is referred to as a Non-Qualified Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;68&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Qualified Contracts</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If you purchase the Contract as an IRA, Roth IRA, SEP IRA,&#160;Inherited IRA, Inherited Roth IRA, or to fund a qualified retirement
                plan, the Contract is referred to as a Qualified Contract. Qualified Contracts are subject to certain restrictions under the Code, including restrictions on the amount of annual contributions, restrictions on how much you can earn and still
                be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased from earned income from the relevant year or years, or from a rollover or transfer from a qualified contract.
                An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own. Adverse tax consequences may result if contributions, distributions, and transactions in connection with the Qualified
                Contract do not comply with the law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A Qualified Contract funded by an annuity does not provide any additional tax deferral. However, the Contract has features and
                benefits other than tax deferral that may make it appropriate for an IRA or qualified retirement plan. You should consult your tax adviser regarding these features and benefits before purchasing a Qualified Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We may issue the following types of Qualified Contracts to an individual. Purchasers of a Contract for use with IRAs have the right
                to revoke their purchase within seven days of the earliest of the establishment of the IRA, or their purchase.</font></div>
            <div>
              <div style="clear:both;margin-top:5.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">IRA (traditional IRA).</font><font style="color: #000000; font-family: Times New Roman;"> Section 408 of the Code permits eligible individuals to fund IRAs. IRA contributions are limited each year to the lesser of a dollar amount specified in the Code or 100% of the amount of earned income included in the
                    Owner&#8217;s income. Contributions may be tax deductible based on the Owner&#8217;s income. Contributions must be made in cash. The limit on the amount contributed to an IRA does not apply to distributions from certain other types of IRAs or
                    qualified retirement plans that are transferred or rolled over on a tax-deferred basis into an IRA.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:5.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">Roth IRA.</font><font style="color: #000000; font-family: Times New Roman;"> Section 408A of the Code permits certain eligible individuals to contribute to a Roth IRA. Contributions to a Roth IRA are limited each year to the lesser of a dollar amount specified in the Code or 100% of the amount of earned
                    income included in the Owner&#8217;s income. Contributions are also limited or prohibited if the Owner&#8217;s income is above certain limits. Contributions must be made in cash. The limit on the amount contributed to a Roth IRA does not apply to
                    distributions from certain other types of IRAs or qualified retirement plans that are transferred or rolled over (conversion) into a Roth IRA.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 5.0pt;"><font style="color: #000000; font-family: Times New Roman;">Conversions to a Roth IRA from an IRA or other eligible qualified retirement plan are permitted regardless of an
                individual&#8217;s income. A conversion to a Roth IRA results in a taxable event, but not a 10% additional federal tax for early withdrawal if certain qualifications are met (please consult your tax adviser for more details).</font></div>
            <div>
              <div style="clear:both;margin-top:5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">SEP IRA</font><font style="color: #000000; font-family: Times New Roman;">. Employers may establish SEP IRAs under Code Section 408(k) to provide IRA contributions on behalf of their employees. In addition to all of the general rules governing IRAs, such plans are subject to additional requirements
                    and different contribution limits.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">Inherited IRA and Inherited Roth IRA.</font><font style="color: #000000; font-family: Times New Roman;"> The Code permits beneficiaries of investments that were issued under qualified retirement plans or IRAs to directly transfer the death benefit from that investment into a variable annuity
                    contract (Inherited IRA or Inherited Roth IRA). If you purchase this Contract as a transfer from another carrier, you will become the Owner of the new Inherited IRA or Inherited Roth IRA Contract. The ownership of this Contract will
                    also reflect the name of the deceased previous owner. Once an Inherited IRA or Inherited Roth IRA is established, no further Purchase Payments can be made. We may choose not to allow this Contact to be purchased as an Inherited IRA or
                    Inherited Roth IRA.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2pt;"><font style="color: #000000; font-family: Times New Roman;">We may issue the following type of Qualified Contract to a qualified retirement plan.&#160;</font></div>
            <div>
              <div style="clear:both;margin-top:5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">Qualified Retirement Plans: Pension and Profit-Sharing Plans.</font><font style="color: #000000; font-family: Times New Roman;"> A qualified plan is a retirement or pension plan that meets the requirements for tax qualification under the Code. Sections 401(a) and 401(k) of the Code permit employers, including
                    self-employed individuals, to establish various types of retirement plans for employees. These retirement plans may permit the purchase of the Contracts to provide benefits under the plan. Contributions to the plan for the benefit of
                    employees are not included in the gross income of the employee until distributed from the plan. The tax consequences to participants may vary, depending upon the particular plan design. Participant loans are not allowed under the
                    Contracts purchased in connection with these plans.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 5pt;"><font style="color: #000000; font-family: Times New Roman;">If the Contract is purchased for a qualified plan under Section 401 of the Code, the plan is both the Owner and
                the Beneficiary. The authorized signatory, plan administrator, or plan trustee for the plan must make representations to us that the plan is qualified under the Code on the Issue Date and is intended to continue to be qualified for the
                entire Accumulation Phase of the Contract, or as long as the qualified plan owns the Contract. The qualified plan may designate a third party administrator to act on its behalf. All tax reporting is the responsibility of the plan. In the
                event </font></div>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;69&#8201;</font></div>
          </div>
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            <div style="line-height: 12.0pt; margin-left: 14pt;"><font style="color: #000000; font-family: Times New Roman;">the qualified plan instructs us to roll the plan assets into an IRA for the Annuitant under this Contract, we change the
                qualification type of the Contract to an IRA and make the Annuitant the Owner. The qualified plan is responsible for any reporting required for the rollover transactions out of the plan. We are responsible for any reporting required for the
                Contract as an IRA.</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 5.5pt;"><font style="color: #000000; font-family: Times New Roman;">Purchasers of Contracts for use with pension or profit-sharing plans should obtain competent tax advice as to
                the tax treatment and suitability of holding an annuity within a plan.&#160; Because of the minimum Purchase Payment requirements, these Contracts may not be appropriate for some retirement plans that are funded on a periodic basis. Owners,
                Annuitants and Beneficiaries are cautioned that benefits under a Qualified Contract may be subject to the terms and conditions of the plan regardless of the terms and conditions of the Contracts issued pursuant to the plan. Some retirement
                plans are subject to distribution and other requirements that are not incorporated into our administrative procedures. We are not bound by the terms and conditions of such plans to the extent such terms conflict with the terms of a
                Contract, unless we specifically consent to be bound. Owners, participants, and Beneficiaries are responsible for determining that contributions, distributions and other transactions with respect to the Contracts comply with applicable law.
                We may choose not to allow pension or profit-sharing plans to purchase this Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Summary of Individuals and Entities That Can Own a Qualified Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Currently, we offer the following types of Qualified Contracts.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z2ffd0b39ef594fdcb7db3a2a3018aad7" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:142.45pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Type of Contract</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Persons and Entities that can own the Contract</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:14pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:142.45pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">IRA</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Must have the same individual as Owner and Annuitant.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:14pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:142.45pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Roth IRA</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Must have the same individual as Owner and Annuitant.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:14pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:142.45pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">SEP IRA</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Must have the same individual as Owner and Annuitant.</font></div>
                      </div>
                    </td>
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                  <tr style="height:62pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:142.45pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Certain Code Section 401 Plans</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">A qualified retirement plan is the Owner and the Annuitant must be an individual who is a </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">participant in the plan. If the qualified retirement plan is a defined benefit plan, the
                            individual </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">must be the only participant in the plan.</font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">We may determine which&#160;types of qualified retirement plans are eligible to purchase this </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Contract.</font></div>
                      </div>
                    </td>
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                  <tr style="height:25pt;">
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                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-right: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Inherited IRA&#160;and Inherited Roth IRA</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:351.55pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Must have the same individual as Owner and Annuitant. The deceased owner of the </font></div>
                        <div style="margin-left: 9pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">previously held tax-qualified arrangement will also be listed in the titling of the Contract.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Non-Qualified Contracts</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">You can instead purchase a Non-Qualified Contract, which is not qualified pursuant to a specialized provision of the Code.&#160; There
                are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Non-Qualified Contracts Owned by Non-Individuals</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">When a Non-Qualified Contract is owned by a non-individual (other than a trust holding the Contract as an agent for an individual),
                the Contract is not generally treated as an annuity for tax purposes. This means that the Contract may not receive the benefits of tax deferral and any Contract earnings may be taxable every year.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Taxation of Withdrawals</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">When you take money out of a Contract, we may deduct premium tax that we pay on your Contract. This tax varies from 0% to 3.5%,
                depending on your state. Currently, we pay this tax and do not pass it on to you.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Section 72 of the Code governs taxation of annuities in general. An Owner is generally not taxed on increases in the value of a
                Contract until a distribution occurs, either in the form of withdrawals or as Annuity Payments.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">For a full withdrawal (total redemption), a partial withdrawal, or a death benefit, the recipient is taxed on the portion of the
                payment that exceeds your investment in the Contract (often referred to as cost basis). For Non-Qualified Contracts, this cost basis is generally the Purchase Payments, while for Qualified Contracts there is generally no cost basis, which
                means the withdrawal is fully taxable, except for qualified distributions from Roth IRAs and IRAs where you have separately tracked and reported any after-tax contributions that you have made.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">For Non-Qualified Contracts, the taxable portion of a partial withdrawal is the portion of the payment considered to be gain in the
                Contract (for example, the difference, if any, between the Contract Value immediately before the withdrawal, </font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;70&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">unreduced by any withdrawal charges, and the Contract&#8217;s cost basis). The withdrawals are generally taxed as though you were paid taxable earnings
                first, and then as a non-taxable return of Purchase Payments.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Distributions from a Roth IRA generally are not subject to income tax if the Roth IRA has been held for five years (starting with the
                year in which the first contribution is made to any Roth IRA) and the Owner satisfies a triggering event such as attaining age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">, death, disability or a first time
                homebuyer (subject to a $10,000 lifetime limit).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Distribution before satisfying the five year period or triggering event requirement may subject the distribution to taxation. Please
                be aware that each Roth IRA conversion has its own five year holding period requirement for purposes of determining if the 10% additional federal tax described below applies.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">10% Additional Federal Tax</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Withdrawals (whether partial or full) and Annuity Payments taken before age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;"> are subject to a 10% additional federal tax unless an exception applies. The exceptions are different for Qualified Contracts and Non-Qualified Contracts, and are also different for IRAs and qualified plans.
                If the Contract is jointly owned, we send each Joint Owner a check for half of the withdrawal amount and we tax report that Joint Owner individually. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Tax reporting each Joint Owner individually can create a discrepancy in taxation if only one Joint Owner is under age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-style:italic;font-weight:bold;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;font-style:italic;font-weight:bold;">2</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;"> because that Joint Owner may</font><font style="color: #000000; font-family: Times New Roman;">&#160;be subject to the 10% additional federal tax.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:457pt;">
            <div style="line-height: 9.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold;">Exceptions to the 10% Additional Federal Tax for Qualified Contracts</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">1)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made on or after the date you (or the Annuitant as applicable) reach age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">2)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions following your death or disability (or the Annuitant as applicable) (for this
                    purpose disability is as defined in Section 72(m)(7) of the Code);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">3)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions paid in a series of substantially equal payments made annually (or more frequently)
                    for your life (or life expectancy) or joint lives of you and your designated Beneficiary;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">4)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made to you after separation from service after reaching age 55 (does not apply to
                    IRAs);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">5)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made to you to the extent such distributions do not exceed the amount allowed as a
                    deduction under Code Section 213 for amounts paid during the tax year for medical care;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">6)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made on account of an IRS levy upon the Qualified Contract;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">7)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions from an IRA for the purchase of medical insurance (as described in Section
                    213(d)(1)(D) of the Code) for you and your spouse and dependents if you have received unemployment compensation for at least 12 weeks (this exception will no longer apply after you have been re-employed for at least 60 days);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">8)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions from an IRA made to you, to the extent such distributions do not exceed your
                    qualified higher education expenses (as defined in Section 72(t)(7) of the Code) for the tax year;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">9)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions from an IRA which are qualified first-time homebuyer distributions (as defined in
                    Section 72(t)(8) of the Code);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">10)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made to an alternate Payee pursuant to a qualified domestic relations order (does
                    not apply to an IRA);</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">11)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made to a reservist called to active duty after September 11, 2001, for a period in
                    excess of 179 days (or for an indefinite period), from IRAs or amounts attributable to elective deferrals under a 401(k) plan made during such active period;</font></div>
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                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">12)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions made during the payment period starting on the birth of a child or the finalization
                    of an adoption (up to $5,000);</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">13)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions that are qualified disaster recovery distributions;</font></div>
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            <div>
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                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">14)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions due to having a terminal illness;</font></div>
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            </div>
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                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">15)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions that are emergency personal expense distributions up to $1,000 after December 31,
                    2023; and</font></div>
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              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 13.33pt;"><font style="color: #000000; font-family: Times New Roman;">16)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">distributions that are eligible distributions as a domestic abuse victim, not to exceed the
                    lesser of $10,000 or 50% of the IRA or qualified plan vested benefit value, after December 31, 2023.</font></div>
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            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to (12) through (16) above, a qualified birth or adoption distribution, a qualified disaster recovery distribution, a
                terminal illness distribution, an emergency personal expense distribution and an eligible distribution as a domestic abuse victim may each be repaid any time within the 3-year period from the date the distribution was received in one or
                more contributions into an IRA or qualified retirement plan (if you are eligible to make a contribution to the qualified retirement plan). The repayment contribution will be treated as a rollover into the IRA or qualified retirement plan.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to (3) above, if the series of substantially equal periodic payments is modified before the later of the Annuitant
                attaining age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;"> or the close of the five year period that began on the date the first payment was received, then </font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;71&#8201;</font></div>
          </div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">the tax for the year of the modification is increased by the 10% additional federal tax, plus interest for the tax years in which the exception was
                used. A partial withdrawal, or prior to January 1, 2024, a partial transfer, or partial rollover taken after a series of substantially equal periodic payments has begun will result in the modification of the series of substantially equal
                payments and therefore will result in the imposition of the 10% additional federal tax and interest for the period as described above. You should obtain competent tax advice before you take any partial withdrawals from your Contract. Adding
                Purchase Payments to a Contract that is making substantially equal periodic payments will also result in a modification of the payments.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For 2020 only, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, permitted corona-virus related distributions from
                Qualified Contracts and IRAs up to an aggregate amount of $100,000. This type of distribution was an exception to the 10% additional federal tax. To qualify for the distribution, generally you, your spouse, or dependent had to have been
                diagnosed with the virus, or you had to have been affected economically in certain ways because of the virus. The tax associated with the distributions may be paid ratably over three years, beginning with the 2020 tax year. The CARES Act
                also allows you to recontribute the amount you withdrew to an eligible retirement plan (to which you can make a rollover contribution) in one or more payments within three years.</font></div>
            <div style="line-height: 9.0pt; margin-top: 7pt;"><font style="color: #000000; font-family: Arial Narrow; font-style: italic; font-weight: bold;">Exceptions to the 10% Additional Federal Tax for Non-Qualified Contracts</font></div>
            <div>
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                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">1)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">paid on or after you reach age 59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;">;</font></div>
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                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">2)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">paid after you die;</font></div>
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              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">3)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">paid if you become totally disabled (as that term is defined in Section 72(m)(7) of the Code);</font></div>
              </div>
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            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">4)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">paid in a series of substantially equal payments made annually (or more frequently) for your life
                    (or life expectancy) or joint lives of you and your designated Beneficiary;</font></div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">5)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">paid as annuity payments under an immediate annuity; or</font></div>
              </div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 8.33pt;"><font style="color: #000000; font-family: Times New Roman;">6)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 9.67pt; width: 471.00pt;"><font style="color: #000000; font-family: Times New Roman;">that come from Purchase Payments made before August 14, 1982.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
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            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to (4) above, if the series of substantially equal periodic payments is modified before the later of your attaining age
                59</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;"> or the close of the five year period that began on the date the first payment was received, then the tax for the year of the modification is
                increased by the 10% additional federal tax, plus interest, for the tax years in which the exception was used. A partial withdrawal or prior to January 1, 2024, a partial 1035 exchange taken after a series of substantially equal periodic
                payments has begun will result in the modification of the series of substantially equal payments and therefore will result in the imposition of the 10% additional federal tax and interest for the period as described above. Adding Purchase
                Payments to a Contract that is making substantially equal periodic payments will also result in a modification of the payments.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Non-Qualified Annuity Medicare Tax</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Distributions from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income.
                Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g. earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married
                filing jointly and $125,000 for married filing separately.) This tax does not apply to distributions from Qualified Contracts. Please consult a tax adviser for more information.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Payments for Financial Adviser Fees</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Any financial adviser fees that you choose to have us pay from this Contract to your Financial Professional or Financial
                Professional's firm may result in a taxable distribution. </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please consult with your Financial Professional before requesting us to pay
                financial adviser fees from this Contract rather than from other assets you may have.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">RMDs From Qualified Contracts</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Distributions from a Qualified Contract must commence no later than the required beginning date. For Roth IRAs, no distributions are
                required during the Owner&#8217;s lifetime. For IRAs other than Roth IRAs, the required beginning date is April 1 of the calendar year following the year in which you attain age 73. If you reached age 70</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;"> on or before December 31, 2019, then age 70</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;position:relative;top:-2.66pt;">&#8202;1</font><font style="color: #000000; font-family: Times New Roman;">&#8725;</font><font style="color:#000000;font-family:Times New Roman;font-size:6pt;">2</font><font style="color: #000000; font-family: Times New Roman;"> applies instead of age 73. If you reached age 72 on or before December 31, 2022, then age 72 applies instead of age 73. If you reach age 74 after December 31, 2032, then age 75 applies instead of age 73.
                Under a qualified plan or 403(b), the required beginning date is generally April 1 of the calendar year following the later of the calendar year in which you reach the age noted for IRAs above or retire.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Generally, RMDs must be made over a period not exceeding the life or life expectancy of the individual or the joint lives or life
                expectancies of the individual and his or her designated Beneficiary. If the RMDs are not made, a 25% excise tax is </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;72&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">imposed as to the amount not distributed. If you are attempting to satisfy these rules through partial withdrawals, the present value of future
                benefits provided under the Contract may need to be included in calculating the amount required to be distributed. If you enroll in our minimum distribution program, we make RMD payments to you that are designed to meet this Contract&#8217;s RMD
                requirements.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Diversification</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Code Section 817(h) and accompanying Treasury Department Regulations imposes diversification standards on the assets underlying
                variable annuity contracts. The Code provides that a variable annuity contract cannot be treated as an annuity contract for any period during which its investments are not adequately diversified as required by the United States Treasury
                Department. If the Contract no longer qualifies as an annuity contract, you would be subject to federal income tax each year with respect to Contract earnings accrued. We intend&#160;to manage all available Index Options, and we intend that all
                available variable investment options be managed by the investment advisers so that they comply with these diversification standards.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Owner Control</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Treasury Department has indicated that the diversification regulations do not provide guidance regarding the circumstances in
                which an Owner&#8217;s control of the Separate Account&#8217;s investments may cause the Owner to be treated as the owner of the Separate Account&#8217;s assets, which would cause the Contract to lose its favorable tax treatment. In certain circumstances,
                variable annuity contract owners have been considered for federal income tax purposes to be the owners of the separate account&#8217;s assets, due to their ability to exercise investment control over those assets. In this case, the contract
                owners have been currently taxed on income and gains attributable to the variable account assets. There is little guidance in this area and some of our Contract&#8217;s features, such as the flexibility of an Owner to allocate Purchase Payments
                and transfer amounts among any available variable investment options, have not been explicitly addressed in published rulings. While we believe that the Contracts do not give Owners investment control over Separate Account assets, we
                reserve the right to modify the Contracts as necessary to prevent an Owner from being treated as the owner of the Separate Account assets.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Taxation of Annuity Payments</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">For Annuity Payments from Non-Qualified Contracts, the portion of each payment included in income is determined by an exclusion
                ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be non-taxable, based upon the percentage of your Contract Value that is from Purchase Payments. We determine the exclusion ratio for Annuity
                Payments by dividing the investment in the Contract (adjusted for any guaranteed period or refund guarantee) by the expected return anticipated to be paid as Annuity Payments (which is determined by Treasury Regulations). We determine the
                amount of each Annuity Payment that is excluded from income by multiplying the Annuity Payment by the exclusion ratio. Annuity Payments received after the investment in the Contract has been recovered (for example, when the total of the
                amounts excluded from income equal the investment in the Contract) are fully taxable.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Generally, Annuity Payments from Qualified Contracts are fully taxable unless you have separately tracked and reported any after-tax
                contributions that you have made. Annuity Payments that are qualified distributions from Roth IRAs are federal income tax free. Owners, Annuitants and Beneficiaries under the Contracts should seek competent financial advice about the tax
                consequences of any distributions.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Distributions Upon the Owner&#8217;s Death (or Annuitant&#8217;s Death If the Owner Is a
                Non-individual)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Section 72(s) of the Code requires that, to be treated as an annuity contract for federal income tax purposes, a Non-Qualified
                Contract must contain certain provisions regarding distributions when an Owner dies. Specifically, Section 72(s) requires that: (a) if an Annuitant dies on or after you annuitize the Contract, but before distribution of the entire
                Contract&#8217;s interest, the entire Contract&#8217;s interest must be distributed at least as rapidly as under the distribution method being used as of the Annuitant&#8217;s date of death; and (b) if any Owner (or the Annuitant if the Owner is a
                non-individual) dies before you annuitize the Contract, the Contract&#8217;s entire interest must be distributed within five years after the Owner&#8217;s date of death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">These requirements are satisfied as to any part of an Owner&#8217;s interest that is payable to, or for the benefit of, a designated
                Beneficiary and distributed over the designated Beneficiary&#8217;s life, or over a period not extending beyond that Beneficiary&#8217;s life expectancy, provided that distributions begin within one year of the Owner&#8217;s death. The designated Beneficiary
                refers to an individual designated by the Owner as a Beneficiary and to whom ownership of the Contract passes by reason of death.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;73&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">However, if the designated Beneficiary is the deceased Owner&#8217;s surviving spouse, the surviving spouse can continue the Contract as the new Owner. If a
                couple is married in a jurisdiction (including a foreign country) that recognizes same-sex marriage, that marriage will be recognized for all federal tax purposes regardless of the law in the jurisdiction where they reside. However, the IRS
                did not recognize civil unions and registered domestic partnerships as marriages for federal tax purposes. Depending on the state in which your Contract is issued, we may offer certain spousal benefits to same-sex civil union couples,
                domestic partners or spouses. You should be aware, however, that, if state law does not recognize the civil union or registered domestic partnership as a marriage, we cannot permit the surviving partner/spouse to continue the Contract
                within the meaning of the federal tax law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Same-sex civil union couples, domestic partners and spouses should contact their financial professional and a qualified tax adviser
                regarding their personal tax situation, the implications of any Contract benefits based on a spousal relationship, and their partner&#8217;s/spouse&#8217;s rights and benefits under the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Non-Qualified Contracts contain provisions that are intended to comply with these Code requirements.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Upon death of an Owner of a Qualified Contract, the Setting Every Community Up for Retirement (SECURE) Act (contained within the
                Further Consolidated Appropriations Act enacted December 20, 2019) made significant changes to the payment options available to Beneficiaries of Owners who die on or after January 1, 2020. The rules discussed below reference IRA Contracts,
                but similar rules also apply to qualified retirement plans. With some exceptions, IRA Beneficiaries must receive their entire death benefit by December 31 following the tenth anniversary of the IRA Owner&#8217;s death.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The payment options for IRA Beneficiaries differ depending on several factors, including whether a Beneficiary is an Eligible
                Designated Beneficiary (EDB). An EDB includes any Beneficiary of the deceased IRA Owner who at time of death is: 1) the surviving spouse, 2) an individual not more than ten years younger than the IRA Owner, 3) a minor child of the IRA
                Owner, 4) a chronically ill individual, or 5) disabled individual. EDB status is determined at the IRA Owner&#8217;s death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you are an EDB, then you can begin RMD payments based on your single life expectancy (&#8220;stretch payments&#8221;) in the year following
                the deceased Owner&#8217;s death. You must begin to receive these RMD payments by December 31 of the year following the deceased Owner&#8217;s death (but see the exception for a spouse beneficiary below). If you are an EDB that elected to receive
                payments over your life expectancy, once you die, then your beneficiary must receive their entire death benefit by December 31 following the tenth anniversary of your death. Proposed Treasury regulations would also require your beneficiary
                in certain circumstances to continue stretch payments during this 10-year period.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">For a minor child Beneficiary, the payments based on life expectancy may continue only until the minor child reaches the age of
                majority (age 21 or the age specified in Treasury Regulations). The minor child Beneficiary must receive their entire death benefit by December 31 following the tenth anniversary of reaching the age of majority.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you were the spouse Beneficiary of the deceased Owner&#8217;s IRA Contract and your spouse had not yet reached the date at which he/she
                was required to begin receiving RMD payments (treating a Roth IRA as a traditional IRA for this purpose only), then you can wait to begin receiving RMD payments until the year that your spouse would have reached age 73 (age 75 if your
                spouse would have reached age 74 after December 31, 2032). Alternatively, if the deceased Owner had already reached the date at which he/she was required to begin receiving RMD payments, you must begin to receive these RMD payments by
                December 31 of the year following the deceased Owner&#8217;s death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you are a designated Beneficiary (generally an individual), but are not an EDB, the entire death benefit must be distributed by
                December 31 after the tenth anniversary of the IRA Owner&#8217;s death. If you die before the end of the ten-year period and the entire death benefit has not been distributed, your beneficiary must receive the entire death benefit by the same
                date you would have been required to receive the death benefit. Proposed Treasury regulations would require you to receive a RMD each year if the Owner died on or after their required beginning date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If the Beneficiary of the IRA Contract is a trust, current Treasury Regulations provide &#8220;see-through&#8221; treatment for trusts that meet
                certain requirements. If such treatment applies, the beneficiaries of the trust, rather than the trust itself will be treated as having been designated as beneficiaries of the IRA Contract for purposes of determining the distribution period
                for RMD payments. Due to the changes made by SECURE, there is uncertainty regarding which distribution options are available when a trust is the Beneficiary of an IRA Contract. Proposed Treasury regulations provide some additional
                information. Further clarification of situations involving trust Beneficiaries is expected to be provided when the Treasury Department finalizes proposed regulations. Individuals are encouraged to seek guidance from their own tax
                professional or legal counsel to determine how these new rules apply to their particular situation.</font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;74&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_14"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">If the IRA Beneficiary is not a &#8220;designated beneficiary&#8221; (e.g., beneficiary is an estate, charity, or a trust that does not meet the requirements for
                &#8220;see-through&#8221; treatment), then the payment options are unchanged by the SECURE Act. If the IRA Owner had not yet reached the date at which he/she was required to begin receiving RMD payments (treating a Roth IRA as a traditional IRA for
                this purpose only), then these IRA Beneficiaries must receive their entire death benefit by December 31 following the fifth anniversary of the IRA Owner&#8217;s death. Alternatively, if the deceased Owner had already reached the date at which
                he/she was required to begin receiving RMD payments, these IRA Beneficiaries can begin RMD payments based on the single life expectancy of the Owner in the year of the deceased Owner&#8217;s death, reduced by one. These Beneficiaries must begin
                to receive these RMD payments by December 31 of the year following the deceased Owner&#8217;s death.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The SECURE Act impacts situations when the IRA Owner died before January 1, 2020 and the Beneficiary had elected stretch payments.
                In this situation, the stretch payments can continue to the Beneficiary, but once that Beneficiary dies, the successor beneficiary must receive any remaining death benefit by December 31 following the tenth anniversary of the original
                Beneficiary&#8217;s death. Proposed Treasury regulations would require the successor beneficiary to receive a RMD payment each year.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The SECURE Act may limit the annuitization options that a Beneficiary may elect at the IRA Owner&#8217;s death to comply with the new death
                benefit payment rules. Also, if an IRA Owner elected an annuitization option and then dies, action may be needed by the Beneficiary if any remaining Annuity Payments do not comply with the new death benefit payment rules for a Beneficiary.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Tax-Free Section 1035 Exchanges</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Subject to certain restrictions, you can make a &#8220;tax-free&#8221; exchange under Section 1035 of the Code for all or a portion of one
                non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. If you perform a partial 1035 exchange, please be aware that no distributions or withdrawals can occur from the old or new
                annuity contract within 180 days of the partial exchange, unless you qualify for an exception to this rule. IRS guidance also provides that certain partial exchanges may not qualify as tax-free exchanges. You should consult a tax adviser to
                discuss the potential tax effects before making a 1035 exchange.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Before making an exchange, you should compare both contracts carefully. Remember that if you exchange a life insurance policy or
                annuity contract for the Contract described in this prospectus:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">you might have to pay a withdrawal charge on your previous contract,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">there is a new withdrawal charge period for this Contract,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">other fees and expenses under this Contract may be higher (or lower),</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the benefits may be different, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">you no longer have access to any benefits from your previous contract.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If the exchange does not qualify for Section 1035 treatment, you also may have to pay federal income tax, including a possible
                additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the exchange is in your best interest and not just better for the person
                selling you the Contract&#160;who generally earns a commission on each sale.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Multiple Non-Qualified Contracts Purchased In the Same Year By the Same Owner</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Code Section 72(e)(12) provides that multiple Non-Qualified deferred annuity contracts issued within the same calendar year to the
                same owner by one company or its affiliates are treated as one annuity contract for purposes of determining a distribution&#8217;s tax consequences. This treatment may result in adverse tax consequences, including more rapid taxation of
                distributions from combined contracts. For purposes of this rule, contracts received in a Section 1035 exchange are considered issued in the year of the exchange. You should consult a tax adviser before requesting a distribution if you
                purchased more than one Non-Qualified Contract in any calendar year period.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Assignments, Pledges and Gratuitous Transfers</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Any assignment or pledge (or agreement to assign or pledge) the Contract Value is treated for federal income tax purposes as a full
                withdrawal. The Contract will not qualify for tax deferral while the assignment or pledge is effective. Qualified Contracts generally cannot be assigned, pledged, or transferred to another individual. For Non-Qualified Contracts, the
                Contract&#8217;s cost basis is increased by the amount includible as income with respect to such amount or portion, though it is not affected by any other aspect of the assignment or pledge (including its release). If an Owner transfers a
                Non-Qualified Contract (an ownership change) without adequate consideration to a person other than their spouse (or to a former spouse </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;75&#8201;</font></div>
          </div>
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      </div>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">incident to divorce), the Owner is taxed on the difference between his or her Contract Value and the Contract&#8217;s cost basis at the time of transfer. In
                such case, the transferee&#8217;s investment in the Contract is increased to reflect the increase in the transferor&#8217;s income. An Owner should consult a tax adviser before requesting an assignment, transfer, or pledge.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Income Tax Withholding</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Any part of a distribution that is taxable to the Owner or Beneficiary is subject to federal and/or state income tax withholding.
                Generally, we withhold amounts from Annuity Payments at the same rate as wages, and we withhold 10% from non-periodic payments, such as withdrawals. However, in most cases, you may elect not to have taxes withheld or to have withholding
                done at a different rate.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Certain distributions from retirement plans qualified under Code Section 401 that are not directly rolled over to another eligible
                retirement plan or IRA, are subject to a mandatory 20% federal income tax withholding. The 20% withholding requirement generally does not apply to:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">a series of substantially equal payments made at least annually for the life or life expectancy of
                    the participant or joint and last survivor expectancy of the participant and a designated Beneficiary, or for a specified period of ten years or more; or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">RMDs; or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">any part of a distribution not included in gross income (for example, returns of after-tax
                    contributions); or</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">hardship withdrawals.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Plan participants should consult a tax adviser regarding income tax withholding requirements.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Federal Estate Taxes</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">While no attempt is being made to discuss the Contract&#8217;s federal estate tax implications, an Owner should keep in mind the annuity
                contract&#8217;s value payable to a Beneficiary upon the Owner&#8217;s death is included in the deceased Owner&#8217;s gross estate. Depending on the annuity contract, the annuity&#8217;s value included in the gross estate may be the value of the lump sum payment
                payable to the designated Beneficiary, or the actuarial value of the payments to be received by the Beneficiary. Consult an estate planning adviser for more information.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Generation-Skipping Transfer Tax</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Code may impose a &#8220;generation-skipping transfer tax&#8221; when all or part of an annuity contract is transferred to, or a death
                benefit is paid to, an individual two or more generations younger than the Owner. Regulations may require us to deduct this tax from your Contract, or from any applicable payment, and pay it directly to the IRS.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Foreign Tax Credits</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We may benefit from any foreign tax credits attributable to taxes paid by certain funds to foreign jurisdictions to the extent
                permitted under the federal tax law.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Possible Tax Law Changes</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Although the likelihood of legislative or regulatory changes is uncertain, there is always the possibility that the Contract&#8217;s tax
                treatment could change. Consult a tax adviser with respect to legislative or regulatory developments and their effect on the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We have the right to modify the Contract in response to legislative or regulatory changes that could otherwise diminish the favorable
                tax treatment that annuity owners currently receive. We make no guarantee regarding the tax status of any Contract and do not intend the above discussion as tax advice.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">12.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Other Information</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">The Registered Separate Account</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We established Allianz Life Variable Account B (the Separate Account) as a separate account under Minnesota insurance law on May 31,
                1985. The Separate Account is registered with the SEC as a unit investment trust under the Investment Company Act of 1940. The SEC does not supervise our management of the Separate Account.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Separate Account holds the AZL Government Money Market Fund's shares that have been purchased with Contract assets. We keep the
                Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection with the Index Options. The Separate Account is </font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;76&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_16"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option
                is the AZL Government Money Market Fund.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We own the assets of the Separate Account. Income, gains, and losses credited to, or charged against, the Separate Account reflect
                the Separate Account&#8217;s own investment experience and not the investment experience of our other assets. The Separate Account&#8217;s assets are insulated, so that the assets cannot be used to pay any of our liabilities, other than those arising
                from the investment of Contract assets in the AZL Government Money Market Fund.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">If the Separate Account&#8217;s assets exceed the required reserves and other liabilities, we may transfer the excess to our general
                account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life. We are obligated to pay all amounts promised to investors under the Contracts.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Our General Account</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our general account holds all our assets other than assets in our separate accounts. We own our general account assets, and,
                subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may lose value. We have not registered our general account as an
                investment company under the Investment Company Act of 1940.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our general account assets fund guarantees provided in the Contracts, including obligations associated with the death benefit.
                Contract Value that you apply to Annuity Payments becomes part of our general account.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Our Unregistered Separate Account</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We hold the assets you allocate to the Index Options in Separate Account IANA, which we established under Minnesota Insurance Law
                for the purpose of supporting our obligations to pay Performance Credits. We invest the assets in Separate Account IANA in hedging instruments, including derivative hedging instruments such as put and call options, as well as cash and fixed
                income securities. Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims of our creditors. An Owner who allocates Contract Value to an Index Option does not
                have any interest in or claim on the assets in Separate Account IANA. In addition, neither the Owner nor these Index Options participate in any way in the performance of assets held in Separate Account IANA.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Distribution</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life Financial Services, LLC (ALFS), a wholly owned subsidiary of Allianz Life Insurance Company of North America, serves as
                principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416. ALFS is registered as a broker-dealer with the SEC under the Securities
                Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority (FINRA). ALFS is not a member of Securities Investors Protection
                Corporation. More information about ALFS is available at finra.org or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public Disclosure Program.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We have entered into a distribution agreement with ALFS for the distribution of the Contracts. ALFS also may perform various
                administrative services on our behalf.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We may fund ALFS operating and other expenses, including:</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">overhead,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">legal fees,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;">
                  </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">accounting fees,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Financial Professional training,</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">compensation for the ALFS management team, and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">other expenses associated with the Contracts.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Financial Professionals and their managers may also be eligible for various benefits, such as production incentive bonuses, insurance
                benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel, lodging and meals in connection therewith), entertainment, awards, merchandise and
                other similar items.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">ALFS does not itself sell the Contracts on a retail basis. Rather, ALFS enters into selling agreements with other broker-dealers
                registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum commission payable to the selling firms for Contract sales is </font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;77&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_17"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a
                certain amount of the commission at the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">As of December 31, 2022, no Contract offered by this prospectus had been sold. Therefore, we have not included any underwriting
                commissions paid to ALFS.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We and/or ALFS may make bonus payments to certain selling firms based on aggregate sales of our variable insurance contracts
                (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any particular agreement governing the payments may vary among selling
                firms. In some instances, the amount paid may be significant.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A portion of the payments made to selling firms may be passed on to their Financial Professionals. Financial Professionals may
                receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection with your purchase of a Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Commissions paid on the Contract, including other incentives or payments, are not charged directly to the Owners or the Separate
                Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Broker-dealers and their Financial Professionals and managers involved in sales of the Contracts may receive payments from us for
                administrative and other services that do not directly involve the sale of the Contracts, including payments made for recordkeeping, the recruitment and training of personnel, production of promotional literature and similar services. In
                addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with retail firms.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">In certain instances, we and/or ALFS may make payments to a broker-dealer for inclusion of this Contract in its list of products that
                it offers for sale.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We and/or ALFS may pay certain selling firms additional marketing support allowances for:</font></div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">marketing services and increased access to their Financial Professionals;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">sales promotions relating to the Contracts;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">costs associated with sales conferences and educational seminars;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">the cost of client meetings and presentations; and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">other sales expenses incurred by them.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We retain substantial discretion in determining whether to grant a marketing support payment to a particular broker-dealer firm and
                the amount of any such payment.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We may also make payments for marketing and wholesaling support to broker-dealer affiliates of variable investment options that are
                available through the annuities we offer.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Additional information regarding marketing support payments can be found in the Distributor section of the Statement of Additional
                Information.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Some Financial Professionals may have a financial incentive to offer you a new contract in place of the one you already own. You
                should only exchange your contract if you determine, after comparing the features, fees and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing Contract.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The AZL Government Money Market Fund assesses a Rule 12b-1 fee of 0.25% of the fund&#8217;s average daily net assets for the most recent
                calendar year. This fee is paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the fund&#8217;s plan.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">In certain instances, an investment adviser and/or subadviser (and/or their affiliates) of a variable investment option may make
                payments for administrative services to ALFS or its affiliates.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We offer the Contracts to the public on a continuous basis. We anticipate continuing to offer the Contracts but reserve the right to
                discontinue the offering.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Additional Credits for Certain Groups</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We may credit additional amounts to a Contract instead of modifying charges because of special circumstances that result in lower
                sales or administrative expenses or better than expected mortality or persistency experience.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;78&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Administration/Allianz Service Center</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Allianz Service Center performs certain administrative services regarding the Contracts and is located at 5701 Golden Hills
                Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer services performed by our Service Center include processing and
                mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life also contracts with Tata Consultancy Services (Tata) located at #42(P) &amp; 45(P), Think Campus, Electronic City,
                Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services including:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">issuance and&#160;maintenance of the Contracts,</font></div>
              </div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">maintenance of Owner records, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">routine customer service including:</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 10.63pt;"><font style="color: #000000; font-family: Times New Roman;">&#8722;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">processing of Contract changes,</font></div>
              </div>
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            </div>
            <div>
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                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">processing withdrawal requests (both partial and total), and</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 3.37pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">processing requests for fixed annuity payments.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Services performed by Tata are overseen and quality control checked by our Service Center.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">To reduce expenses, only one copy of most financial reports and prospectuses, including reports and prospectus for the AZL
                Government Money Market Fund, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service Center at the toll-free telephone number listed at the
                back of this prospectus if you need additional copies of financial reports, prospectuses, or annual and semiannual reports, or if you would like to receive one copy for each contract in future mailings.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Legal Proceedings</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We and our subsidiaries, like other life insurance companies, from time to time are involved in legal proceedings of various kinds,
                including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material settlement payments have been made. Although the outcome of any
                such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account, or ALFS is a party that are reasonably likely to materially
                affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Status Pursuant to Securities Exchange Act of 1934</font></div>
            <div style="line-height: 10.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life hereby relies on the exemption provided by Rule 12h-7 under the Securities Exchange Act of 1934 from the requirement to
                file reports pursuant to Section 15(d) of that Act.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">13.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Information on Allianz Life</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life is a stock life insurance company organized under the laws of the State of Minnesota in 1896. Our address is 5701 Golden
                Hills Drive, Minneapolis, MN 55416. We are a wholly owned subsidiary of Allianz of America, Inc. (AZOA), a financial holding company. AZOA is a wholly owned subsidiary of Allianz Europe, B.V., which in turn is a wholly owned subsidiary of
                Allianz SE, which is registered in Munich, Germany. We currently offer fixed index annuities, individual life insurance, and registered index-linked annuities. We are licensed to do direct business in 49 states and the District of Columbia.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Directors, Executive Officers and Corporate Governance</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">BOARD OF DIRECTORS</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Board currently consists of eight members, including our Chair, our President and Chief Executive Officer, our Chief Financial
                Officer and Treasurer, four independent outside board members, and one non-independent board member. Age and positions are provided as of December 31, 2022, except as otherwise noted.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Board holds regular quarterly meetings, generally in February, April/May, July/August, and October/November of each year, and
                holds special meetings or takes action by unanimous written consent as circumstances warrant. There was also one special joint meeting of the board held in 2022&#160;with the Board of Directors of Allianz Life Insurance Company of New York, the
                Company&#8217;s subsidiary. The Board has standing Executive, Audit, and Nomination, Evaluation and Compensation Committees, each of which is described in further detail below.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">The current members of our Board are as follows.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Andreas G. Wimmer</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director and Chair of the Board</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Andreas G. Wimmer, age 48, joined Allianz Life January 1, 2022 and currently serves as the Chair of the Board of Directors and
                Chair of its Executive Committee. Mr. Wimmer also serves as a Member of the Board of Management of Allianz SE since October 2021. Mr. Wimmer served as the Chief Executive Officer of Allianz Lebensversicherungs-AG from January 2020 to March
                2022 and as a Member of the Board of Management of Allianz Deutschland AG from January 2020 to October 2021, respectively. Mr. Wimmer previously served as a member of the Board of Management, Corp. Clients of Allianz Lebensversicherungs-AG
                from 2015 to 2019. Mr. Wimmer also previously served as a Member of the Supervisory Board of IconicFinance GmbH from April 2021 to January 2022. Mr. Wimmer has held several other positions with Allianz affiliates.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Wimmer brings to the Board extensive experience in the financial services and insurance industries, as well as extensive
                experience in investments and asset management, including serving as a Member of the Board of Management of Allianz SE, Asset Management, US Life Insurance.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Jasmine M. Jirele</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director, President, and Chief Executive Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Jasmine M. Jirele, age 45, joined Allianz Life in 2018 and currently serves as the President and Chief Executive Officer and a member
                of the Board of Directors and its Executive Committee effective September 1, 2021. Ms. Jirele also serves as the Chair of the Board and the Chief Executive Officer of Allianz Life of New York and as the Chair of its Executive and Conflicts
                of Interest Committees. She also serves as the Chair of the Board of AZOA Services Corporation and as the Chair of its Shared Plans Management Committee. Ms. Jirele also serves as a Governor of Allianz Investment Management U.S. LLC, and as
                a Director of Allianz Australia Life Insurance Holdings Limited, Allianz Australia Life Insurance Limited and Allianz Australia Life Policy Services Pty Limited, respectively.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Previously, Ms. Jirele was the Senior Vice President, Chief Growth Officer of Allianz Life from October 2018 to September 2021. In
                that role, Ms. Jirele was responsible for the oversight of new business strategy, product innovation, marketing, and corporate communications. Previously, Ms. Jirele was a Governor of Allianz Strategic Investments, LLC from January to
                October 2021 and a Governor of Allianz Individual Insurance Group, LLC and TruChoice Financial Group, LLC from September 2021 to November 2022, respectively. She was previously a Governor of Allianz Investment Management LLC from January 1,
                2021 to February 15, 2022. Ms. Jirele was also the President of AZOA Services Corporation from September 2021 to March 2022. Prior to that, Ms. Jirele was the Executive Vice President, Head of Customer Excellence at Wells Fargo Consumer
                Bank/Consumer Auto.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Ms. Jirele brings to the Board extensive operations, product innovation, marketing and communications, growth strategy and insurance
                industry experience.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">William E. Gaumond</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director, Senior Vice President, Chief
                Financial Officer and Treasurer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">William E. Gaumond, age 49, joined Allianz Life in 2004 and currently serves as Senior Vice President, Chief Financial Officer and
                Treasurer, and as a member of the Board of Directors since January 1, 2016. Mr. Gaumond also serves as a Director of Allianz Life of New York, and as its Chief Financial Officer and Treasurer and as a member of its Executive Committee and
                Chair of Finance Committee, respectively.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Gaumond also serves as the Chief Financial Officer of Allianz Foundation for North America since March 2016. He also serves as a
                Governor of Allianz Life Financial Services, LLC, Allianz Investment Management U.S. LLC, and Allianz Strategic Investments, LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF
                Investments, Inc., and Dresdner Kleinwort Pfandbriefe Investments II, Inc., respectively.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Gaumond also serves as a Director and President of AZOA Services Corporation and PHP Holdings, Inc., respectively. He is also a
                Director of Questar Agency, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., and Allianz Technology of America, Inc., respectively. Mr. Gaumond also serves as Director of Allianz of America, Inc., and as its Executive
                Vice President. He also serves as a Director of Allianz Finance Corporation, and as its Chief Financial Officer and Treasurer.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Gaumond previously served as a Director of Questar Asset Management, Inc. from January 2016 to September 2021, and as a Governor
                of Allianz Individual Insurance Group, LLC and TruChoice Financial Group, LLC from January 2018 </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">to November 2022, respectively. Mr. Gaumond previously served as the Interim Controller for Allianz Life and Allianz Life of New York, the Interim
                Treasurer for Allianz Foundation for North America, from October 2022 through March 2023. Mr. Gaumond also served as the interim Vice President, Controller and Assistant Treasurer and a Director of Allianz Life Insurance Company of Missouri
                until April 2023. Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Gaumond brings to the Board extensive financial services, investment, and insurance industry experience, including serving as
                Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Lauren K. Day</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Lauren K. Day, age 46, joined Allianz Life&#8217;s Board of Directors on May 9, 2023. Ms. Day is currently the Group Head of
                Communications and Reputation of Allianz SE since August of 2021. Ms. Day is also a Member of the Board of Directors of Allianz Foundation for North America since October of 2021, a Member of the Board of Directors of the American Council
                on Germany since 2022, and is the Chair of the Advisory Board of Annycent Capital Partners since August 2021.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Prior to joining Allianz SE, Ms. Day served as Head of Strategy and Capital Relationships at Annycent Capital Partners from January
                to July of 2021. She also served at Prudential Financial, Inc. as Chief Communications Officer from 2015 to 2021 and as Vice President, Corporate and Financial Communications from 2011 to 2013. Ms. Day also served as the Managing Director,
                Head of Communications and Corporate Responsibility at AXA from 2013 to 2015. Prior to that, she held high-level communications positions at American International Group, Inc., AIG Investments, and KfW Group.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Ms. Day earned a Master of Arts in Comparative Literature and a Bachelor of Arts in German Studies from Dartmouth College and a
                semester studying abroad at Freie Universit&#228;t of Berlin.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Ms. Day will bring to the Board over 20 years of global communications, strategy and business development experience spanning the
                private and public sectors of developed and emerging markets in North America, Asia, and Western, Central and Eastern Europe.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Udo Frank</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Udo Frank, age 63, joined Allianz Life&#8217;s Board of Directors on May 1, 2015 and also serves as the Lead Independent Director, the
                Chair of its Audit Committee and as a member of its Nomination, Evaluation and Compensation Committee and its Executive Committee. Mr. Frank has over 30 years of experience in the financial services and insurance industries. Mr. Frank
                worked for various Allianz SE investment and asset management affiliates from 1994 to 2014, including serving in numerous executive positions. In 2001, Mr. Frank was appointed as the Global Chief Executive Officer of RCM Capital Management,
                LLC. In 2012, he was appointed the Head of Product Management and Chief Marketing Officer of Allianz Global Investors &#8211; U.S.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Frank brings to the Board extensive experience in the financial services and insurance industries, as well as extensive
                experience in investments and asset management.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Kevin E. Walker</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Kevin E. Walker, age 60, joined Allianz Life&#8217;s Board of Directors on May 23, 2017, and also serves as a member of its Audit
                Committee and Chair of its Nomination, Evaluation and Compensation Committee. Mr. Walker also serves as a Director of Allianz Life of New York, and as a member of its Audit and Evaluation Committee and its Executive Committee, respectively.
                Mr. Walker also serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee and Executive Committee. Mr. Walker has over 30 years of insurance and financial services experience. Mr. Walker
                served at various Allianz affiliates throughout his career, most recently as the President and Chief Executive Officer of Allianz Reinsurance America, Inc. from 2015 to 2016. Mr. Walker has also served as a director and officer for several
                other Allianz affiliates.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Walker brings to the Board extensive experience in the insurance industry, as well as extensive experience in finance and
                operations.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Walter R. White</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Walter R. White, age 66, joined Allianz Life in 2009 and served as an Allianz Life Board member since January 1, 2012. Mr. White
                also currently serves as a member of its Audit Committee and its Nomination, Evaluation and Compensation Committee since May 2022. Previously, Mr. White served as the President, Chief Executive Officer, and member of the Executive Committee
                of Allianz Life from January 1, 2012 to September 1, 2021; and then as Senior Advisor through December 31, 2021. Mr. White also previously served as the Chair of the Board and the Chief Executive Officer, Chair of the Executive Committee
                and Chair of the Conflict of Interest Committee of Allianz Life of New York, and as a Board member and the President of AZOA Services Corporation and served as the Chair of its Shared Plans Management Committee. Mr. White also served as a
                Governor of Allianz Individual Insurance Group, LLC, Allianz Investment Management LLC, Allianz Investment Management U.S. LLC, and TruChoice Financial Group, LLC, respectively. In addition, Mr. White previously served as a Director of
                Questar Capital Corporation and Questar Agency, Inc.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. White brings to the Board extensive financial services and brokerage experience as well as key strategic planning and
                leadership skills developed as the former President and Chief Executive Officer of Allianz Life and the former President of Woodbury Financial.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Howard E. Woolley</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Director</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Howard E. Woolley, age 65, joined Allianz Life&#8217;s Board of Directors on May 1, 2020 and is a member of its Audit Committee and its
                Nomination, Evaluation and Compensation Committee. In 2015, Mr. Woolley formed Howard Woolley Group LLC, a strategic business and public policy firm serving leading technology and wireless industry clients, and serves as its President. He
                is a leader in the field of regulatory risk management, public policy, and government affairs. Mr. Woolley is an NACD Leadership Fellow and an international member of the Australian Institute of Company Directors. Mr. Woolley serves on the
                board of directors and a member of the Nomination and Governance Committee of Apple Hospitality REIT, Inc., a publicly traded real estate investment trust that owns hotels across the United States. He also serves as the Lead Independent
                Director, and is a member of the Compensation Committee for telecommunications company SOMOS Inc. He serves on the boards of trustees for Johns Hopkins Medicine, Johns Hopkins University and Syracuse University. Mr. Woolley is co-chair of
                the Johns Hopkins University &amp; Medicine External Affairs Committee and serves on the Johns Hopkins Medicine Executive Committee and the Syracuse University Audit, Academic Affairs and Executive Committees.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Woolley brings to the Board more than 20 years of extensive board experience and brings a wealth of experience and insights in
                several areas, including risk management.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">EXECUTIVE OFFICERS</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The current executive officers (other than Ms. Jirele and Mr. Gaumond) are as follows. Age and positions are provided as of
                December 31, 2022, except as otherwise noted.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Karim Akhavan-Hezavei</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Operating Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Karim Akhavan-Hezavei, age 46, joined Allianz Life August 1, 2022 and currently serves as the Senior Vice President, Chief
                Operating Officer. He also serves as the Chief Operating Officer of Allianz Life of New York. Mr. Akhavan-Hezavei is responsible for Enterprise Operations, IT, and IT Security functions. Mr. Karim also serves as a Director of Allianz
                Technology of America, Inc. since November 2022.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Akhavan-Hezavei previously was the Chief Operating Officer for Allianz Services from January 2019 to July 2022. He was also a
                member of the Allianz Services Executive Management team with responsibility for operations and IT, global projects, and development of global business models.&#160;</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Akhavan-Hezavei has served at various Allianz affiliates since 2013 in a variety of senior leadership roles. Prior to joining
                Allianz, he held positions with Siemens and Ernst &amp; Young Consulting.&#160; Mr. Akhavan-Hezavei has a Master&#8217;s degree in Economics from Ludwig-Maximillans University in Munich, Germany.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;82&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Gretchen Cepek</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, General Counsel, and Secretary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Gretchen Cepek, age 54, joined Allianz Life in 2009 and currently serves as Senior Vice President, General Counsel and Secretary
                since February 17, 2012. In this role, Ms. Cepek is responsible for the legal, ethics, and compliance departments as well as government relations and the special investigations unit. She also serves as the Chief Legal Officer and Secretary
                of Allianz Life of New York and as a member of its Conflict of Interest Committee, and General Counsel and Secretary of AZOA Services Corporation. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Jenny L. Guldseth</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Human Resources Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Jenny L. Guldseth, age 47, joined Allianz Life in 2005 and currently serves as the Senior Vice President, Human Resources Officer,
                and as Chair of its Benefits Plans Administration Committee since January 1, 2019. In this position, Ms. Guldseth is responsible for setting strategy and leading the Human Resources and Facilities departments to improve business results and
                increase employee engagement. Ms. Guldseth is also a Director of the Allianz Foundation for North America, the Chief Human Resources Officer of AZOA Services Corporation, and the Chair of its Employee Benefits Administration Committee and a
                member of its Benefit Plans Investment Committee and the Shared Plans Management Committee, respectively. Ms. Guldseth has over ten years of experience at Allianz Life, including having served as the Vice President, Rewards and Performance
                from 2017 to 2018, the Assistant Vice President of Rewards and Performance from 2013 to 2017, and Manager, Human Resource Business Partner from 2010 to 2013. In these positions, she was responsible for the Performance and Compensation
                functions for Allianz Life and the benefits functions for multiple U.S.-based affiliate companies.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Neil H. McKay</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Actuary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Neil H. McKay, age 61, joined Allianz Life in 1999 and currently serves as the Senior Vice President, Chief Actuary of Allianz Life
                since May 15, 2000. Mr. McKay also serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay is responsible for all of the actuarial functions of Allianz Life and Allianz Life of New York, including the
                actuarial assumptions underlying its products and the rate setting associated with existing and new products.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Jean-Roch P.F. Sibille</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Investment Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Jean-Roch P.F. Sibille, age 40, joined Allianz Life in October 2018 and currently serves as the Senior Vice President, Chief
                Investment Officer since May 2022. He also currently serves as the Chief Investment Officer of Allianz Life of New York, and the Chief Investment Officer of Allianz Life Insurance Company of Missouri, LLC, respectively. Mr. Sibille is a
                Governor and the Chief Executive Officer of Allianz Investment Management U.S. LLC and a Governor of Allianz Investment Management LLC and Allianz Strategic Investments, LLC, respectively. In addition, he also serves as a Director and Vice
                President and Treasurer of AZL PF Investments Inc., Dresdner Kleinwort Pfandbriefe Investments II Inc., and Allianz Fund Investments, Inc., respectively. He also serves as a Director and the President of Allianz Finance Corporation.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Sibille leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. He is also a member
                of the global Allianz Investment Management Board, which serves the Allianz Group of insurance companies. Previously, Mr. Sibille served as the Senior Vice President, Chief Risk Officer and Chief Credit Officer of Allianz Life and as the
                Chief Risk Officer of Allianz Life of New York from January 2019 to May 2022. Prior to his current roles, he spent four years at Allianz SE as the Head of Market Risk Management and Risk Reporting, and Head of the Independent Validation
                Unit. Mr. Sibille also has broad work experience in risk management with AXA Belgium and Risk Dynamics.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Mr. Sibille earned an Executive Master of Business Administration at the Kellogg-WHU School of Management, a Ph.D. in Finance from
                the University of Li&#1104;ge, and a Master in Business Engineering at the University of Namur.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Eric J. Thomes</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Distribution Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Eric J. Thomes, age 50, joined Allianz Life in 1995 and currently serves as the Senior Vice President, Chief Distribution Officer of
                Allianz Life since April 1, 2019. He also serves as the President and a Director of Allianz Life of New York. Mr. Thomes also serves as a Governor, and as the Chief Executive Officer and Chief Manager of Allianz Life Financial Services,
                LLC. He also serves as the President and Chief Executive Officer and Board Chair of Yorktown Financial </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;83&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Companies, Inc., Questar Agency, Inc. and Questar Capital Corporation, respectively. Mr. Thomes previously served as Director of Questar Asset
                Management, Inc. from April 2019 to September 2021. He also served as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, from April 2019 to November 2022, respectively. Mr. Thomes is responsible for
                the development, design and implementation of Allianz Life&#8217;s and Allianz Life of New York&#8217;s sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Emmanuelle Thommerot</font> <br>
              <font style="color: #000000; font-family: Times New Roman; font-weight: bold; margin-left: 0%;">Senior Vice President, Chief Marketing and Strategy Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Emmanuelle Thommerot, age 49, joined Allianz Life April 1, 2023, and currently serves as the Senior Vice President, Chief Marketing
                and Strategy Officer of Allianz Life. Ms. Thommerot previously served as the Head of Strategic Market Management for Allianz BeNeLux (Belgium, Netherlands, Luxembourg), from 2020-2023, where she has been responsible for strategic marketing
                including market intelligence, customer experience, customer insights and analytics, customer journey, and value proposition for all lines of business (life and non-life, retail and commercial). Prior to joining Allianz, she held senior
                leadership roles at AXA as Head of Business Transformation Programs and Change Management from 2017 to 2020.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Ms. Thommerot brings over 15 years of marketing, strategy and transformation experience in insurance, financial services and
                consulting. She will oversee development of the company strategy, and will have accountability for Marketing, Digital, Corporate Strategy, Sustainability, Strategic Communications, Community Engagement and Sponsorships.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">CORPORATE GOVERNANCE</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Committees of the Board</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Executive Committee of the Board (&#8220;Executive Committee&#8221;) is currently composed of Mr. Wimmer (Chair), effective January 1,
                2022, and Ms. Jirele&#160;and Mr. Frank. The function of the Executive Committee is to exercise the authority of the Board between meetings of the Board, with the exceptions set forth in Allianz Life&#8217;s By-Laws. The Executive Committee&#160;did not
                meet in 2022.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Audit Committee of the Board is currently composed of Messrs. Frank (Chair), Walker, White (who joined the Audit Committee as
                of May 12, 2022) and Woolley. The Audit Committee is responsible for overseeing Allianz Life&#8217;s accounting and financial reporting and control processes on behalf of the Board, which includes assisting with Board oversight of (1) quality and
                integrity of Allianz Life&#8217;s financial statements, (2) Allianz Life's compliance with legal and regulatory requirements, (3) the qualifications, independence and fees of the independent-auditors, (4) Allianz Life&#8217;s system of internal
                controls and (5) the performance of Allianz Life's internal audit function. The Board has determined that each member of the Audit Committee is financially literate. The Audit Committee met four times in 2022.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Nomination, Evaluation and Compensation Committee (NEC Committee) is currently composed of Messrs. Walker (Chair), Frank, White
                (who joined the NEC Committee as of May 12, 2022) and Woolley. The NEC Committee&#8217;s purpose is to (1) nominate candidates for director for election, (2) evaluate the performance of officers deemed to be &#8220;principal officers,&#8221; and (3)
                recommend to the Board the selection and compensation of the &#8220;principal officers.&#8221; The NEC Committee met two times in 2022.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Independence of Certain Directors</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life is not subject to the independence standards of the New York Stock Exchange or any other national securities exchange,
                but is subject to the independence standards required under the Model Audit Rule. Applying the independence standards of the Model Audit Rule to the current members of the Board, the Board has determined that Messrs. Frank, Walker, White,
                and Woolley are &#8220;independent&#8221; under the Model Audit Rule.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Code of Ethics</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">All of our officers and employees, including our Chief Executive Officer, Chief Financial Officer and Controller, are subject to
                Allianz Life&#8217;s Code of Ethics.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;84&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Executive Compensation</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Compensation Discussion and Analysis</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In this section, we provide an overview of the goals and principal components of our executive compensation program and describe
                how we determine the compensation of our &#8220;Named Executive Officers&#8221; or &#8220;NEOs.&#8221; For 2022, our NEOs were:</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Jasmine M. Jirele</font><font style="color: #000000; font-family: Times New Roman;">, President and Chief Executive Officer</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">William E. Gaumond</font><font style="color: #000000; font-family: Times New Roman;">, Senior Vice President, Chief Financial Officer and Treasurer</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Eric J. Thomes</font><font style="color: #000000; font-family: Times New Roman;">, Senior Vice President, Chief Distribution Officer</font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Neil H. McKay</font><font style="color: #000000; font-family: Times New Roman;">,
                    Senior Vice President, Chief Actuary</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Catherine A. Mahone</font><font style="color: #000000; font-family: Times New Roman;">, Senior Vice President, Chief Administration Officer</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">(1)</font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Gretchen Cepek</font><font style="color: #000000; font-family: Times New Roman;">,
                    Senior Vice President, General Counsel, and Secretary</font></div>
              </div>
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            </div>
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              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Ms. Mahone served as Senior Vice President, Chief Administration Officer through April
                    1, 2022, she then transitioned to Senior Advisor until her termination on October 1, 2022.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The details of each NEO&#8217;s compensation may be found in the Summary Compensation Table and other compensation tables included in
                this Executive Compensation section.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Executive Summary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s compensation programs are intended to align our NEOs&#8217; interests with those of our ultimate stockholder, Allianz SE,
                the ultimate parent company of Allianz Life. Allianz Life's compensation programs are designed to reward performance that meets or exceeds the goals established by the Compensation Committee, a management committee of Allianz Life. Allianz
                Life is tasked with establishing the executive compensation philosophy. In line with Allianz Life&#8217;s compensation philosophy described below, the total compensation received by our NEOs will vary based on individual and corporate performance
                in light of annual and long-term performance goals. Our NEOs&#8217; total compensation is composed of a mix of annual base salary, annual cash awards based on corporate objectives and executive performance factors and long-term equity incentive
                awards in the form of restricted stock units of the equity securities of Allianz SE.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Compensation Philosophy and Strategy</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Overview</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The overriding goal of Allianz Life&#8217;s executive compensation programs is to attract, retain and motivate top-performing executive
                officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to foster a pay-for-performance management culture by:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">providing total compensation opportunities that are competitive with the levels of total
                    compensation available at the large diversified financial services companies with which Allianz Life most directly competes in the marketplace;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">setting performance metrics and objectives for variable compensation arrangements that reward
                    executives for attaining both annual targets and long-term business objectives, thereby providing individual executives with the opportunity to earn above-average compensation by achieving above-average results;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">establishing equity-based arrangements that align executives&#8217; financial interests with those of
                    Allianz SE by ensuring executives have a material financial stake in the equity value of Allianz SE and the business success of its affiliates; and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">structuring compensation packages and outcomes to foster internal pay equity.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;85&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_25"></a>
        <div style="page-break-after:always;position:relative;">
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Compensation Components</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; line-height: 12pt;">
              </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">To support this pay-for-performance strategy, Allianz Life&#8217;s total compensation program provides a mix of compensation components
                that bases the majority of each executive&#8217;s compensation on their success and on an assessment of each executive&#8217;s overall contribution to that success.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zbb8d57e6d2314e21b91d1f1f4aedc0b0" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Compensation Element</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Description</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Bottom;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:4pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">Objective</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:50pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Base Salary</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Fixed rate of pay that compensates employees for fulfilling their </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">basic job responsibilities. For NEOs, increases are generally </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">provided in the case of a significant increase in responsibilities </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">or a significant discrepancy versus the market.</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Attract and retain high-caliber </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">leadership.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:74pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Annual Incentive Plan</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Incentive compensation that promotes and rewards the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">achievement of annual performance objectives through awards </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">under the Allianz Life Annual Incentive Plan (&#8220;AIP&#8221;).</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Link compensation to annual </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">performance results.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Attract and motivate </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">high-caliber leadership.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Align the interests of NEOs </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and our stockholder.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:50pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Performance-Based Equity </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Incentives</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Incentive compensation through restricted stock unit awards </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">made under the Allianz Equity Incentive Plan (&#8220;AEI&#8221;) that </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">promotes and rewards the achievement of long term </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">performance objectives.</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;line-height:12pt;margin-left:0.0pt;"> </font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Retain high-caliber leadership </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">with multi-year vesting.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Align the interests of NEOs </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">and our stockholder.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:62pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Severance Arrangements</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Severance payments to employees, including NEOs, under </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">certain company-initiated termination events.</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Compensate employees for </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">situations where the employee&#8217;s </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">employment is involuntarily </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">terminated in a qualifying </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">termination of employment.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:61pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:118.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Perquisites-Benefits</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:245pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Perquisites provided to our NEOs include employer matching </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">contributions to the NEOs&#8217; accounts in the 401(k) plan and may </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">also include the payment of life insurance premiums, relocation </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">reimbursements, and reimbursements for financial planning, tax </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">preparation services, and spousal travel expenses.</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.875pt;padding-top:1.875pt;vertical-align:Top;width:130.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Provide market competitive total </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">compensation package.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 9pt;"><font style="color: #000000; font-family: Times New Roman;">In addition, Allianz Life offers all employees, including our NEOs, broad-based benefits, including comprehensive medical, dental and
                vision insurance, group term life insurance and participation in a 401(k) plan.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">How Compensation Decisions Are Made</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Role of the Board of Directors and Compensation Committee</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The framework governing the executive compensation policies for Allianz Life, except as such policies relate to the compensation
                for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life. Decisions affecting the compensation of the Chief Executive Officer are outside the scope of the Allianz Life Compensation Committee. Any such
                decisions are made by Allianz SE, subject to review by the NEC Committee, and final approval by Allianz Life&#8217;s Board of Directors. With respect to the compensation of other &#8220;principal officers&#8221; selected by the Board for purposes of the
                duties of the NEC Committee under Minn. Stat. &#167; 60D.20, subd. 3(d), the Compensation Committee&#8217;s decisions are similarly subject to review by the NEC Committee and final approval by Allianz Life&#8217;s Board. The &#8220;principal officers&#8221; include the
                Chief Executive Officer, Chief Financial Officer, and General Counsel. Allianz Life&#8217;s Board has delegated the following responsibilities to the Compensation Committee:</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div>
              <div style="clear:both;margin-top:2.0pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">In general, establish the compensation philosophy and strategy of Allianz Life and oversee the
                    development and implementation of compensation, benefit, and perquisite programs for corporate executives consistent with the principles of ensuring that leadership is compensated effectively in a manner consistent with the stated
                    compensation strategy, internal equity considerations, competitive practices, shareholder interests, and the requirements of any applicable regulatory bodies in order to attract and retain high-quality leadership. This responsibility
                    includes periodic review of Allianz Life&#8217;s compensation programs to pursue certain goals, with the expectation that changes will be made periodically to ensure these goals are attained.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Review and approve the establishment of, or material modification to, any executive incentive
                    compensation plans or programs for Allianz Life.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;86&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Review and approve any special benefits or perquisites in effect for, or offered to, any
                    prospective, current or former Allianz Life employee, regardless of the employee&#8217;s level or assignment within Allianz Life. Such benefits and perquisites are those that are unusual or different from the benefits offered to all
                    similarly-situated employees.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Review and approve any employment agreements proposed to be made with any prospective or current
                    employee of Allianz Life.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Review and approve any individual severance agreement with any Allianz Life officer. This does not
                    include an arrangement where the employee receives severance or incentive payments under existing terms of a broad-based benefit or compensation plan.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">Oversee Allianz Life&#8217;s compliance with regulations with respect to compensation matters and adopt
                    and monitor adherence to global and local process requirements and timelines, including those required under the Corporate Rules (as defined under the Allianz Life Standard for Corporate Rules) mandated by Allianz SE.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Compensation Committee will at all times be composed of at least three members who are appointed by the full Board of Directors
                of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human Resources Officer. The Compensation Committee also utilizes internal personnel
                to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Following its review and decision, the Compensation Committee produces and submits a report on executive compensation to Allianz
                Life&#8217;s Board of Directors at its request. With respect to the compensation of &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), the
                Compensation Committee produces and submits a report on executive compensation proposed for the designated &#8220;principal officers&#8221; to the NEC Committee for its review and recommendation to Allianz Life&#8217;s Board for final approval.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Role of the Chief Executive Officer</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our Chief Executive Officer assists the Compensation Committee in its review of the total compensation of all the NEOs except
                themself. The Chief Executive Officer provides the Compensation Committee with their assessment of the NEOs&#8217; respective performance relative to the corporate and individual goals and other expectations set for them for the preceding year.
                The Chief Executive Officer then provides their recommendation for each NEO&#8217;s total compensation and the appropriate goals for each NEO in the year to come. However, the Compensation Committee is not bound by the Chief Executive Officer&#8217;s
                recommendations.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Role of Allianz Life&#8217;s Human Resources</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s Human Resources supports the Compensation Committee on executive compensation matters by being responsible for many
                of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz Life&#8217;s Human Resources efforts include, among other things:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">evaluating the compensation data from industry groups, national executive pay surveys, and other
                    sources for the NEOs and other executive officers as appropriate;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">gathering and correlating performance ratings and reviews for individual executive officers,
                    including the NEOs;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">reviewing executive compensation recommendations against appropriate market data and for internal
                    consistency and equity; and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">reporting to, and answering requests for information from, the Compensation Committee.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s Human Resources officers also coordinate and share information with their counterparts at Allianz SE.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Use of Competitive Compensation Data</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Because Allianz Life competes most directly for executive talent with other large diversified financial services companies, Allianz
                Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides compensation opportunities that compare favorably with the levels of total
                compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz Life relies primarily on external market surveys of corporate compensation and
                benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken into account include the average revenues and number of employees of companies
                that participate in such surveys.</font></div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;87&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">All these information sources are employed to measure and compare actual pay levels not only on an aggregate, total compensation basis, but also to
                break down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of fixed versus variable, short-term versus long-term, and cash versus equity-based
                compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life&#8217;s Human Resources, is submitted to the Compensation Committee for review and discussion.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Internal Pay Equity Analysis</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s compensation programs are designed with the goal of providing compensation to our NEOs that is fair, reasonable, and
                competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed companies, as discussed above, but also with compensation paid to each of our
                other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Components of Total Compensation For Our NEOs</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life provides total compensation to our NEOs that consists of several components. These components include the three
                components of the total compensation program (i.e., base salary, annual incentives, and equity) as well as: (i) retirement, health, and other benefit programs; (ii) severance benefits; and (iii) perquisites.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Base Salary</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s philosophy is to make base salary a relatively small portion of the overall compensation package for our NEOs, which
                Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO&#8217;s tenure, the scope of the position&#8217;s responsibilities, and the NEO&#8217;s own performance,
                all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries against the median for comparable salaries at surveyed companies, unless
                exceptional conditions require otherwise.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to the base salary of our Chief Executive Officer, the Chair of the Board considered the Chief Executive Officer&#8217;s
                experience, performance, and contribution to overall corporate performance when determining their base salary for 2022 for recommendation to the NEC Committee. Base salaries for our other NEOs for 2022 were also set by the Compensation
                Committee based upon each NEO&#8217;s individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee reviews and, with respect to the base salaries of &#8220;principal officers&#8221;
                selected by Allianz Life&#8217;s Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life&#8217;s Board for final approval.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">AIP</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life offers annual cash bonuses to certain executive officers under the AIP. The AIP is designed to improve performance and
                profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole discretion of the Compensation Committee, and with respect to our CEO,
                the Chair of the Board, and are intended to:</font></div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">reward the performance of participants who have made significant contributions to the achievement
                    of annual goals and objectives;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">provide an incentive that will encourage future superior individual performance; and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">encourage the retention of employees who have demonstrated exceptional performance and/or are
                    anticipated to significantly contribute to the long-term success of Allianz Life.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Following the performance year, the Compensation Committee approved a specific amount of cash awards to be made pursuant to the AIP
                to executive officers, including our NEOs, for the 2022 performance year. The amount determined to be available for such awards was at the discretion of the Compensation Committee and was dependent upon many factors as outlined previously,
                including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the awards to the &#8220;principal officers&#8221; selected by Allianz Life&#8217;s Board for purposes of the
                duties of the NEC Committee under Minnesota Statutes &#167; 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life&#8217;s Board for final approval.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;88&#8201;</font></div>
          </div>
        </div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">AEI</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AEI is (a) one part of the variable compensation component for certain individuals within designated classes of employees at
                Allianz Life or (b) offered by Allianz Life to select senior employees as an additional part of their variable compensation on a case by case basis. The AEI is granted in the form of restricted stock units of Allianz SE (&#8220;RSUs&#8221;). The award
                of RSU&#8217;s are intended to:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">reward the performance of participants who have made significant contributions to the achievement
                    of their company&#8217;s annual goals and objectives,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">provide an incentive that will encourage future superior individual performance, and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">encourage the retention of employees who have demonstrated exceptional performance and/or are
                    anticipated to significantly contribute to the long-term success of Allianz.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Awards made pursuant to the AEI are based upon both the performance of Allianz Life and Allianz Life of New York and the
                performance of the NEO. The Compensation Committee (and, with respect to those NEOs that are &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee with final approval of Allianz Life&#8217;s Board of Directors)
                reviewed the performance of our NEOs following the end of our 2022 fiscal year relative to the AEI allocation amount.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Benefit Perquisites</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life provides our NEOs with certain limited perquisites. All of our employees, including our NEOs, may participate in the
                qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to $22,875 annually. In addition, Allianz Life and Allianz Life of New York
                provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements, and reimbursements of spousal travel expenses to certain of our NEOs. The incremental
                costs of perquisites for the NEOs during 2022 are included in the column entitled &#8220;All Other Compensation&#8221; in the Summary Compensation Table included in this section.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Certain Retention Arrangements&#160;</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life&#8217;s offer letter to Jasmine M. Jirele included a retention bonus arrangement related to her onboarding in her capacity as
                Senior Vice President, Chief Growth Officer. The retention bonus payments will be paid through 2022 so long as she remains employed with Allianz Life, and the arrangement requires repayment of certain amounts if Ms. Jirele voluntarily
                terminates her employment within a certain period.&#160;In addition, Allianz Life maintains retention bonus arrangements with certain executives, pursuant to which retention bonus payments are paid so long as such executive remains employed with
                Allianz Life in good standing.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Severance Arrangements</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Allianz Life entered into a Confidential Severance Agreement and General Release of All Claims with our former Chief Administrative
                Officer, Catherine A. Mahone. The severance arrangements for Ms. Mahone were prescribed by the Executive Severance Plan, which is described later in this section.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Pursuant to the Confidential Severance Agreement and General Release of All Claims, Ms. Mahone was entitled to a lump sum cash
                payment of $660,000 upon separation in the event she was terminated without &#8220;cause&#8221;, which is defined as engaging in conduct detrimental to the best interests of the Company (including, but not limited to, certain specified acts such as
                commission of a felony, theft, dishonesty, fraud or embezzlement) in the Executive Severance Plan. In addition, pursuant to the Confidential Severance Agreement and General Release of All Claims, Ms. Mahone was also bound by other
                restrictive covenants, including covenants relating to non-solicitation for 1 year and covenants relating to confidentiality and non-disparagement. Ms. Mahone would also be entitled to continuation of medical and dental coverage at the
                employee premium rates for a period of 18 months following termination if Ms. Mahone timely elected continuation coverage and paid the required premiums.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We have not entered into any other specific severance agreements with any of our NEOs.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The remainder of our NEOs are eligible for severance payments under the Executive Severance Plan if they experience a qualifying
                termination of employment and otherwise satisfy the conditions set forth in the plan.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Other than the Executive Severance Plan, which is described later in this section, our NEOs are not eligible for severance payments.
                Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives, and equity compensation. However, Allianz Life does not view these offer letters as employment agreements as each
                offer letter states that employment with Allianz Life is &#8220;at will.&#8221;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;89&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_29"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Other Compensation Policies</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Tax and Accounting Implications</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; text-decoration: underline;">Stock-Based Compensation</font><font style="color: #000000; font-family: Times New Roman;">.
                Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting Standards Codification
                (&#8220;FASB ASC&#8221;) Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that day and the nine
                immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period and the payout cap.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Recently Discontinued Compensation Programs</font><font style="color: #000000; font-family: Times New Roman; font-style: italic; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The purpose of the ALTPUP was to advance the interests of Allianz Life, including Allianz Life of New York, and our indirect
                stockholder. The ALTPUP sought to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of employees of Allianz Life who contribute significantly to their
                company&#8217;s long-term performance. Such incentive was in the form of Long-Term Performance Units ("ALTPUP Units"), which were contingent awards, subject to the terms, conditions, and restrictions described in the ALTPUP and the Award
                Agreement under which such awards were made, by which participants in the ALTPUP may have become entitled to receive cash on the payment date for redemption of the ALTPUP Units valued on the valuation date. The award of ALTPUP Units was
                discretionary. In March 2020, the Group Compensation Committee determined all Allianz entities would move forward with the Allianz SE long term incentive program or AEI. As a result, the ALTPUP program has been discontinued and provided a
                final grant in March 2020 for 2019 performance. The final payout under the ALTPUP program is expected to occur in 2023.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Summary Compensation Table</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table sets forth the compensation paid by Allianz Life to the NEOs for the years ended December 31, 2022, 2021, and
                2020, as applicable.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zabf29ddb53bd438aa22606b50c1143f9" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:32.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Name and Principal</font></div>
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Position</font></div>
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(a)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Year</font></div>
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(b)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:39.36pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Salary</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(c)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:39.36pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Bonus</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(d)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:44.83pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Stock</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Awards</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(e)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(2)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:103.39pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Non-Equity</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Incentive Plan Compensation</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(g)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:57.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">All Other</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Compensation</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(i)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(3)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:43.33pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Total</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(j)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(1)</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">President and Chief Executive Officer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">750,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">200,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,348,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">899,250</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,810</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">3,221,935</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">561,958</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">390,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,068,303</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">712,202</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,516</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,754,979</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">458,380</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">200,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">471,436</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">314,291</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,787</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,466,894</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, Chief Financial </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Officer and Treasurer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">505,225</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">942,501</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">428,334</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">24,842</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,900,902</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">475,900</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">300,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">770,958</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">513,922</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,437</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,083,267</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">468,885</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">482,241</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">321,494</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">26,300</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,298,920</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, Chief Distribution </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Officer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">555,750</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">719,772</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">479,848</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">29,026</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,784,396</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">535,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">320,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">867,510</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">578,340</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,548</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,323,898</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">525,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">699,629</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">333,119</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">30,427</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,588,225</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, Chief Actuary</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">517,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">657,981</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">438,654</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,622</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,637,757</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">510,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">50,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">926,200</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">550,800</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">24,397</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,061,397</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">510,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">490,212</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">326,808</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">27,538</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,354,558</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:31pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. Mahone</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, Chief Administrative </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Officer (Former)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">330,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">309,929</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">206,620</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">685,458</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,532,007</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="2" style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:139.64pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen Cepek</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, General Counsel and </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Secretary</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">487,125</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">549,641</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">366,427</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,294</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,426,487</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:19.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">469,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:39.36pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">110,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:44.83pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">733,825</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:103.39pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:91.39pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">422,550</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,167</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.33pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:32.83pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,758,042</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Ms. Jirele&#8217;s 2021 executive compensation represents compensation paid during her time
                    as Senior Vice President, Chief Growth Officer and President and Chief Executive Officer.&#160;Her 2020 executive compensation represents compensation paid during her time as Senior Vice President and Chief Growth Officer. As part of her
                    Bonus (d) compensation, Ms. Jirele was paid a retention bonus of $800,000, which was paid over four years in increments of $200,000 with the first payment paid in March 2019 and the final payment in 2022.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(2)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs
                    vest over a four-year period. The grant price of the RSUs was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the
                    nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;90&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_30"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 10.0pt; margin-left: 18pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">share over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and
                the payout cap. These numbers show the amount realized for financial reporting purposes as calculated in accordance with the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market
                price of the common stock of Allianz SE on the date of grant, which is then recognized over the requisite service period of the award.</font></div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(3)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The following table provides additional details regarding compensation found in the
                    &#8220;All Other Compensation&#8221; column.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 0.0pt; margin-top: 6.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z82cac3193af1427e820c1a0ed0c54a38" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:21pt;width:420pt;">

                  <tr style="height:32.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Name</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Year</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:37.49pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Spousal</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Travel</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(4)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.84pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Milestone/</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Anniversary/</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Recognition</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(5)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:43.69pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Life</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;line-height:10pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Insurance</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;line-height:10pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Premiums</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:46.6pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Employer</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;line-height:10pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Match to</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;line-height:10pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">401(k) Plan</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:57.26pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">ASAAP</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Contribution</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(6)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:57.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Other</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Compensation</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:37.86pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Total</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jirele</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">250</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">685</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">20,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,375</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,810</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">350</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">416</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,250</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,516</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">412</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,787</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gaumond</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,270</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">697</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">20,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,375</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">24,842</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">687</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,250</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,437</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">4,257</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">668</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">26,300</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">5,366</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">785</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">22,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">29,026</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">798</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,250</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,548</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">6,445</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,800</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">807</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">19,500</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">30,427</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="3" style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">747</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">22,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,622</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">200</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">1,700</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">747</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">21,750</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">24,397</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2020</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">5,431</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">732</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">21,375</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">27,538</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Mahone</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">2,046</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">537</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">22,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">660,000</font>
                            <div style="clear:right;"> </div>
                          </div>
                          <div style="display:flex;"><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;position:relative;top:-3.25pt;width:auto;">(7)</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">685,458</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td rowspan="2" style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:57.18pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Cepek</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2022</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">419</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">22,875</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">23,294</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:26.59pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:5.75pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">2021</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.49pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:25.49pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.84pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.84pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:43.69pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:31.69pt;">
                        <div style="display:flex;margin:auto;width:16.59pt;">
                          <div style="display:flex;white-space:nowrap;width:16.59pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:16.59pt;">417</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:46.6pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:34.6pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">21,750</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.26pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.26pt;">
                        <div style="display:flex;margin:auto;width:22.06pt;">
                          <div style="display:flex;white-space:nowrap;width:22.06pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:22.06pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:57.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:45.5pt;">
                        <div style="display:flex;margin:auto;width:35.36pt;">
                          <div style="display:flex;white-space:nowrap;width:35.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:35.36pt;">--</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:37.86pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:27.36pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">22,167</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(4)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents reimbursement or payments made to defray the costs of a spouse&#8217;s travel.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(5)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents Milestone Anniversary Program, which pays a bonus at three and five year
                    anniversaries, and then every five years thereafter.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(6)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents company matching contribution to the Allianz Supplemental Asset
                    Accumulation Plan for deferrals in excess of IRS compensation limit.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(7)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents severance arrangement payable. Ms. Mahone was entitled to a severance
                    arrangement of a lump sum cash payment of $660,000 upon separation.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Performance-Based Incentive Compensation Plans</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">AIP</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AIP is intended to provide an incentive that will encourage superior individual performance and encourage retention of
                employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to the long-term success of Allianz Life. The AIP seeks to accomplish this purpose by providing a bonus opportunity to eligible
                employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of competitive market bonuses for similar job levels in
                the marketplace. While the target awards may be used for illustrative, budget planning, or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Compensation Committee or other duly authorized committee determines allocation of bonus awards to employees. With respect to
                &#8220;principal officers&#8221; for purposes of the NEC Committee&#8217;s duties, the NEC Committee recommends to Allianz Life&#8217;s Board of Directors awards for final approval.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">AEI</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The AEI is designed to recognize the participant&#8217;s continuous employment with Allianz Life over the relevant period and shall be an
                incentive to continue employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will be made only if the participant remains employed with Allianz Life
                during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or under certain other circumstances. The securities issuable under
                the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are subject to a four-year vesting period. At the end of the four-year
                vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life, terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may
                accelerate if a participant leaves employment under other &#8220;good leaver&#8221; circumstances set forth in the AEI. The grant at fair value cannot be greater than 165% of a participant&#8217;s target amount. The maximum value of an exercise is an
                increase of 200% over the grant value (i.e., 300% of the grant value).</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;91&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_31"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Grants of Plan-Based Awards</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table provides additional information about plan-based compensation disclosed in the Summary Compensation Table. This
                table includes both equity and non-equity awards granted for the year ended December 31, 2022.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zf8d434ef46494866b5e469f16ff8e3c7" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:22.5pt;">
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Name</font></div>
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(a)</font></div>
                      </div>
                    </td>
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Grant Date</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(b)</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:166.71pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Estimated Future Payouts Under
                            Non-Equity </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Incentive Plan Awards</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(1)</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:165.21pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Estimated Future Payouts Under Equity
                            Incentive </font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Plan Awards</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(2,3)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Threshold ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(c)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Target ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(d)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Maximum ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(e)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Threshold ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(f)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:55.57pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Target ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(g)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:54.07pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Maximum ($)</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(h)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,125,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">5,062,500</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">750,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,125,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">545,788</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,456,046</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">363,858</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">545,787</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">600,310</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,701,395</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">400,207</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">600,311</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">558,937</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">2,515,217</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">372,625</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">558,938</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. Mahone</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">355,424</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,599,406</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">236,949</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">355,424</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen Cepek</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:27.53pt;">3/3/2023</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">RSUs (under AEI)</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">438,485</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,973,183</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">AIP Award</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:27.53pt;">
                          <div style="display:flex;white-space:nowrap;width:27.53pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:9.3pt;">0</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">292,323</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">438,485</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:9.3pt;">
                          <div style="display:flex;white-space:nowrap;width:9.3pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:55.57pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:54.07pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:43.57pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The target and maximum columns show the target award and maximum award for 2022 for
                    each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2022 awards granted to the NEOs are listed in the Non-Equity Incentive Compensation column of the Summary Compensation Table. AIP target and
                    maximum awards are a pre-designated percentage of base salary determined at the executive&#8217;s level.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(2)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">RSUs have a vesting schedule as disclosed in the footnotes to the Summary Compensation
                    Table. See &#8220;Outstanding Equity Awards at December 31, 2022&#8221; for disclosure regarding the number of RSUs that are unvested as of December 31, 2022.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(3)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The target and maximum columns show the target award and maximum award for 2022 for
                    each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2022 awards granted to the NEOs are listed in the Stock Awards column of the Summary Compensation Table.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;92&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_32"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Outstanding Equity Awards at December 31, 2022</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table sets forth the outstanding equity awards at the December 31, 2022 fiscal year-end. The table shows RSUs granted
                pursuant to the AEI.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z56d8e37a3a53494d8aac94fd55fb3769" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:12.5pt;">
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Name</font></div>
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(a)</font></div>
                      </div>
                    </td>
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:387.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">RSUs</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:41pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Number of RSUs</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">That Have Not</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Vested</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(g)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(1,2)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Market Value of</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">RSUs That Have</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Not Vested</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">(h)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(3)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,467</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">314,730</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,886</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">404,622</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">2,407</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">516,398</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">6,195</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,329,075</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,538</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">329,963</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,948</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">417,924</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,463</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">313,872</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">4,471</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">959,208</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">457</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">98,045</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,474</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">316,232</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">3,625</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">777,708</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">5,031</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,079,351</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,731</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">371,369</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">2,123</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">455,468</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">2,503</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">536,994</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">5,362</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,150,363</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. Mahone</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,370</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">293,920</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,689</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">362,358</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,924</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">412,775</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">3,307</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">709,484</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen Cepek</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:0.5pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"> </div>
                        </div>
                      </div>
                      <br>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,413</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">303,145</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,512</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">324,384</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,789</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:3pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">383,812</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.5pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.5pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">4,246</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.5pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:10pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">910,937</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during
                    2022 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life or terminate after
                    retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment under other &#8220;good leaver&#8221; circumstances set forth in the AEI.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(2)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">For each of the NEOs, the number of RSUs listed on the first line were exercised in
                    2023, the RSUs listed on the second line will exercise in 2024, the RSUs listed on the third line will exercise in 2025, and the RSUs listed on the fourth line will exercise in 2026.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(3)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Based on an assumed stock price of $214.54 per share, which was the arithmetic average
                    of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on December 30, 2022 and the nine immediately preceding trading days, converted from Euros into U.S. dollars.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;93&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_33"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Allianz SE Option Exercises and Stock Grants Vested in 2022</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table summarizes the value received from Allianz SE stock grants vested during the year ended December 31, 2022.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z37bb997619b14f1380e02f6ad616c84d" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:12.5pt;">
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Name</font></div>
                      </div>
                    </td>
                    <td colspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:387.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Stock Awards</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:41pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Number of</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shares</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Acquired</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">on Vesting (#)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Value Realized</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">on Vesting ($)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(1)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">-</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">-</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">2,039</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">458,095</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">492</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">110,536</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">2,203</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">494,941</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. Mahone</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,750</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">393,167</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen Cepek</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:18.41pt;">
                          <div style="display:flex;white-space:nowrap;width:18.41pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:18.41pt;">1,538</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:29.36pt;">
                          <div style="display:flex;white-space:nowrap;width:29.36pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:29.36pt;">345,537</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents Allianz SE RSUs that were exercised during 2022 pursuant to the AEI.
                    Amounts realized were paid in cash.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Executive Severance Plan</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Executive officers who have the title of Senior Vice President or above and report directly to a senior executive officer at a
                specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment, meaning an involuntary termination for any reason other than for &#8220;cause&#8221; with no offer
                of an equivalent position, and otherwise satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive officers whose employment is involuntarily terminated in a
                qualifying termination of employment in order to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a qualifying termination of employment will receive a
                lump sum cash payment equal to one and one-half times their &#8220;annual base pay&#8221; in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and excludes special payments, such as bonuses, expense
                reimbursements, living, or other allowances. Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18 months following termination, if the executive
                officer timely elects continuation coverage and pays the required premiums.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table shows the lump sum payments that would have been payable to each of our NEOs had they been terminated on
                December 31, 2022 and been eligible for severance payments pursuant to the Executive Severance Plan.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z704db74059af441795a4fe3a31f0b7d6" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;margin-left:115pt;width:264pt;">

                  <tr style="height:12.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">NEOs</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Lump Sum Payment</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">1,125,000</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">772,500</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Eric J. Thomes</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">843,750</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Neil H. McKay</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">780,000</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Catherine A. Mahone</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">-</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:10.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Gretchen Cepek</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:132pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:121.5pt;">
                        <div style="display:flex;margin:auto;width:34.83pt;">
                          <div style="display:flex;white-space:nowrap;width:34.83pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:34.83pt;">739,500</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;94&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_34"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Director Compensation</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The following table provides information on compensation paid to the directors of Allianz Life for the year ended December 31,
                2022.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zcf2f752614614dcc912c74a275849462" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:42.5pt;">
                    <td style="background-color:#D8D8D8;border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:3pt;vertical-align:Bottom;width:106.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Name</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-right:0.5pt solid #000000;padding-bottom:3pt;padding-top:3pt;vertical-align:Bottom;width:194.5pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Fees Earned</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">or Paid in</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Cash</font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">($)</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;position:relative;top:-3.25pt;">(1)</font>
                          <div style="clear:right;"> </div>
                        </div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;padding-bottom:3pt;padding-top:3pt;vertical-align:Bottom;width:193pt;">
                      <div style="line-height:10pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">Total</font></div>
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">($)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:11pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:5.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">(a)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">(b)</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Bottom;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.00pt;">(h)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Andreas G. Wimmer</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(2)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Chair of the Board</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:31pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Jasmine M. Jirele</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(3)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">President and Chief Executive </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Officer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:31pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">William E. Gaumond</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(3)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Senior Vice President, Chief </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Financial Officer and Treasurer</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:41pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Walter R. White </font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(4)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Former President and Chief </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Executive Officer; Independent </font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Director</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Anna Sophie Herken</font><font style="color:#000000;font-family:Arial Narrow;font-size:5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.25pt;">(2)(5)</font>
                          <div style="clear:right;"> </div>
                        </div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Non-Independent Director</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:194.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:193pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;">N/A</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Howard E. Woolley</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Independent Director</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">60,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">60,000</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:21pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Kevin E. Walker</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Independent Director</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">60,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">60,000</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:20.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;width:106.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;margin-left:0.0pt;">Udo Frank</font></div>
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;margin-left:0.0pt;">Independent Director</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:194.5pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:6pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">90,000</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:1.625pt;padding-top:1.625pt;vertical-align:Top;white-space:nowrap;width:193pt;">
                      <div style="line-height:11.0pt;margin-left:6pt;margin-right:2pt;text-align:right;width:182.5pt;">
                        <div style="display:flex;margin:auto;width:25.71pt;">
                          <div style="display:flex;white-space:nowrap;width:25.71pt;"><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:auto;">$</font><font style="color:#000000;font-family:Arial Narrow;font-size:8pt;width:25.71pt;">90,000</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Represents cash compensation provided to our independent directors that is formalized
                    in the Non-Employee Director Compensation Plan for the year ended December 31, 2022.</font><font style="color:#000000;font-family:Times New Roman;font-size:8pt;line-height:10pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(2)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Mr. Wimmer and Ms. Herken did not receive any compensation for their services as
                    directors since they are employed by one of our affiliates.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(3)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">As employee directors, Ms. Jirele and Mr. Gaumond did not receive any compensation for
                    their service as directors. The compensation Ms. Jirele and Mr. Gaumond received as executive officers of Allianz Life is disclosed in the Summary Compensation Table as set forth herein.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(4)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Mr. White became a non-employee director as of January 1, 2022 following his
                    employment retirement. He was re-elected as an independent director as of May 12, 2022. Mr. White waived his right to director compensation under his Non-Employee Director Agreement, dated January 1, 2022, and the Company&#8217;s Non-Employee
                    Director Compensation Plan, pursuant to an Amendment to Non-Employee Director Agreement and Waiver effective January 1, 2022 (the &#8220;Amendment and Waiver&#8221;). The Amendment and Waiver was terminated effective as of January 1, 2023 for any
                    non-employee director compensation Mr. White would be entitled to receive beginning in 2023 under the Non-Employee Director Compensation Plan.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:1.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 10pt; width: 9.32pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">(5)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 8.68pt; width: 471.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">Ms. Herken served as Director until March 31, 2023.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-decoration: underline;">CEO Pay Ratio</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In accordance with SEC rules, we determined the annual total compensation of our median compensated employee and present a
                comparison of that annual total compensation to the annual total compensation of our President and Chief Executive Officer (&#8220;CEO&#8221;), Jasmine M. Jirele.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The 2022 annual total compensation of our CEO was $3,221,935.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">The 2022 annual total compensation of our median compensated employee was $114,713.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Accordingly, we estimate the ratio of our CEO's annual total compensation to the annual total compensation of our median
                compensated employee for 2022 was 28 to 1.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Determining the Median Compensated Employee</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In 2022, we determined the median compensated employee by collecting compensation data for all employees, including full-time,
                part-time, seasonal, and temporary employees, excluding our CEO, employed by the Company as of December 31, 2022. We selected December 31, 2022 as the date upon which we would identify the median employee because it enabled us to make such
                identification in a reasonably efficient manner and it aligns with the methodology used in the other compensation-based disclosures above. As of December 31, 2022, our employee population consisted of 2,214 individuals. We do not have any
                employees who work outside of the U.S.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;95&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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      <div><a name="xx_4bd2529b-b3f7-4e99-9278-6401d53f18da_35"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">We identified our median compensated employee, using total compensation as our compensation measure, which included annual base salary, cash-based
                incentive compensation, long-term incentive compensation, and sales-based incentive compensation earned for 2022, plus employer contributions to the Allianz Asset Accumulation Plan, life insurance premiums, and other compensation.
                Compensation for full-time employees hired after January 1, 2022, was annualized for the full year 2022. We did not make any cost of labor adjustments as the majority of our employees are compensated based upon the cost of labor in
                Minneapolis, MN, the location of our corporate headquarters. We did not include amounts representing employer medical and dental contributions. This methodology was consistently applied to all our employees included in the calculation and
                is consistent with the methodology we use for our NEOs as set forth in the 2022 Summary Compensation Table.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our pay ratio and compensation amount have been calculated using methodologies and assumptions consistent with SEC rules. The ratio
                and compensation amount may not be directly comparable to those of other companies because the methodologies and assumptions used to identify the median employee and determine that employee's total compensation may vary significantly among
                companies.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Security Ownership of Certain Beneficial Owners and Management</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We are an indirect wholly owned subsidiary of Allianz SE. Allianz SE&#8217;s principal executive offices are located at K&#246;niginstrasse
                28, 80802 Munich, Germany. As of June 30, 2023, the directors and executive officers of Allianz Life held less than 1% of Allianz SE&#8217;s ordinary shares issued and outstanding.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Transactions with Related Persons, Promoters and Certain Control Persons</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We are a wholly owned subsidiary of AZOA, which is a wholly owned subsidiary of Allianz Europe B.V. Allianz Europe B.V. is a wholly
                owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Business and Operational Risks Relevant to the Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">As an insurance company, a number of risks may affect our business. However, because the Contract (and any other insurance contract
                that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business are unlikely to be relevant to you. The risks described below are only those
                business and operational risks that are likely to be relevant to you as a purchaser of the Contract.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Risks Primarily Related to Our Financial Strength and Claims-Paying Ability</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We make Annuity Payments, pay death benefits, and apply Performance Credits for this Contract from our general account. We also pay
                benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our financial strength and claims-paying
                ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Financial losses may threaten our financial strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">As an Owner of the Contract, you do not share in the profits and losses generated by our business. However, if we were to
                experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events that may result in financial losses include, but are not
                necessarily limited to, the circumstances and events listed below. We cannot predict what specific impact that any of these circumstances or events may ultimately have on our financial strength or claims-paying ability.</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Difficult Economic Conditions.</font><font style="color: #000000; font-family: Times New Roman;"> Our financial condition is materially affected by conditions in the global capital markets and the economy generally. During an economic downturn, the demand for our financial insurance products and services could be
                    adversely affected. In addition, an economic downturn could cause the number and amount of full and partial withdrawals under our insurance products to increase significantly, and owners of our insurance products may choose to defer
                    making purchase payments or paying insurance premiums or stop them altogether.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;96&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Unfavorable Interest Rate Environments.</font><font style="color: #000000; font-family: Times New Roman;"> During periods of declining interest rates, we may experience financial losses as the spread between interest rates that we credit to customers under our insurance products and returns on our investments
                    tighten. A sustained low interest rate environment presents challenges for us and other life insurance companies, as it generally reduces investment returns, raises the value of future obligations, and challenges asset-liability
                    matching. During periods of increasing interest rates, we may experience financial losses due to increases in full and partial withdrawals under our insurance products as our customers choose to forgo insurance protection in favor of
                    potentially higher returns. In an attempt to curb rising inflation, the Federal Reserve and other central banks raised interest rates multiple times in 2022. It is unclear whether and how interest rates will change in future periods.
                    Although we take measures to manage economic risks associated with different interest rate environments, we may not be able to fully mitigate those risks.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Losses on Fixed Maturity Investments.</font><font style="color: #000000; font-family: Times New Roman;"> Our fixed maturity investments are subject to interest rate risk and credit risk. Interest rate risk refers to how the values of our fixed maturity investments fluctuate in response to changes in market
                    interest rates. Increases and decreases in prevailing interest rates generally result in decreases and increases, respectively, in the values of our fixed maturity investments. Credit risk refers to the risk that a counterparty will
                    default on its commitments to us under a fixed maturity investment. See &#8220;Defaults by Counterparties&#8221; below.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Losses on Equity Investments.</font><font style="color: #000000; font-family: Times New Roman;"> Our equity investments are generally valued based on quoted market prices and are subject to market risk. Market risk refers to how market prices for equity investments are subject to fluctuation. A downward
                    fluctuation in the market price for an equity investment could result in losses upon the sale of that investment. Fluctuations in market prices may result from, among other things, actual or perceived changes in the attractiveness of
                    specific investments or in general market conditions.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Losses on Real Estate Investments.</font><font style="color: #000000; font-family: Times New Roman;"> A portion of our investment portfolio consists of mortgage loans and mortgage-backed securities related to commercial, agricultural and residential real estate. The value of our real estate investments
                    may be negatively impacted by general economic conditions in the real estate sector, including supply and demand, market volatility, interest rate fluctuations, and geographic and extreme weather risks, as well as the creditworthiness
                    of obligors.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Losses upon the Sale of Illiquid Investments.</font><font style="color: #000000; font-family: Times New Roman;"> We hold certain investments that may lack liquidity, such as privately placed fixed maturity investments, mortgage loans, collateralized debt obligations, commercial mortgage-backed securities,
                    equity real estate and limited partnership interests. Although we seek to minimize the likelihood that we would need to sell illiquid investments, if we were required to liquidate these investments on short notice, we may have
                    difficulty doing so and may be forced to sell them for less than their fair value.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Prolonged and Elevated Inflationary Periods.</font><font style="color: #000000; font-family: Times New Roman;"> During inflationary periods, the value of our fixed maturity investments may fall, see &#8220;Losses on Fixed Maturity Investments&#8221; above. Inflation also increases expenses, which will negatively
                    impact our financial condition in the event that such additional costs cannot be offset. Prolonged and elevated inflation could adversely affect the financial markets and the economy generally, and dispelling it may require governments
                    to pursue a restrictive fiscal and monetary policy, which could constrain overall economic activity and our growth. During 2022, the economy experienced elevated inflation and inflationary pressures, which may continue for future
                    periods.</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Loss of Market Share to Competitors.</font><font style="color: #000000; font-family: Times New Roman;"> There is strong competition among insurers, banks, brokerage firms and other financial institutions and providers seeking clients for the types of products and services that we provide. A loss of market
                    share to our competitors could result in financial losses to our business. Our ability to successfully compete is dependent on numerous factors, some of which include the successful implementation of our business strategy, our financial
                    strength, the attractiveness of our products and services, our relationships with distributors, and our reputation. Our ability to compete may also be hindered if our competitors obtain or seek to enforce intellectual property rights
                    against us, or if we are otherwise precluded from offering products or services that are in demand. Our ability to compete may also be hindered if we are not able to protect or enforce our own intellectual property rights.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Defaults by Counterparties.</font><font style="color: #000000; font-family: Times New Roman;"> Third-parties that owe us, or hold on our behalf (i.e., custodians), money, securities, or other assets may not fulfill their obligations to us. These parties may include issuers of investments that we may hold,
                    borrowers under loans that we may hold or extend, reinsurers, counterparties under swap and other derivative contracts and other third-parties (e.g., customers, trading counterparties, brokers, dealers, banks, investment funds, clearing
                    agents, exchanges and clearing houses). In addition, with respect to secured transactions, the risk of default may be exacerbated when the collateral held by us, or for us, cannot be fully recovered cannot be liquidated or is liquidated
                    at a price that is not sufficient to cover the full amount owed to us. A party may default on its obligations for a variety of reasons, including bankruptcy, lack of liquidity, downturns in the economy or real estate market and
                    operational failure. General economic conditions and trends may also result in increased defaults.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Impairments of Other Financial Institutions.</font><font style="color: #000000; font-family: Times New Roman;"> We routinely execute transactions with counterparties in the financial services industry, including brokers, dealers, commercial banks, investment banks, insurers, reinsurers and other investment
                    and financial institutions. A disruption to, or decline in the financial condition of, such financial institutions may expose us to financial losses.</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Payments through Guaranty Associations.</font><font style="color: #000000; font-family: Times New Roman;"> When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for funds to pay obligations to
                    policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated to pay. Further, amounts for
                    historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Ineffectiveness of Risk Management Policies.</font><font style="color: #000000; font-family: Times New Roman;"> Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully effective at mitigating our risk exposure in all market environments or
                    against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Impacts of Climate Change.</font><font style="color: #000000; font-family: Times New Roman;"> We are exposed to economic risks related to climate change. Our financial condition could be negatively impacted by increased costs, or financial losses on investments, arising from various events related to climate
                    change, such as changes in public policy (either contributing to the adverse effects of climate change or promoting adaption to climate change), changes in global investment asset values, systemic risk to financial systems, short-term
                    or long-term market distributions, changes in mortality/morbidity assumptions, changes in consumer behavior, business disruptions, extreme weather events, litigation, increased regulatory requirements, advancements in technology, and
                    longer-term shifts in climate patterns. Climate change could also impact the types of assets in which we invest. For example, as the transition to a lower-carbon, more energy-efficient economy continues, regulators could require us (or
                    we could voluntarily choose) to invest less in carbon-based industries, even though investments in carbon-based industries may have better returns in the short or long term. In addition, real estate investments may expose us to greater
                    climate change risk, as climate change may negatively impact market prices or supply and demand, and may make extreme weather events more likely or frequent. Further, we may not be able to adequately predict and mitigate climate-change
                    risk due to significant uncertainty and unknowns regarding the manifestations and timing of climate-change-driven events, absence of adequate historical data that captures this risk and the dependency of this risk on the extent of the
                    actions taken in the short term by governments, corporations and communities around the world.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">COVID-19 Pandemic.</font><font style="color: #000000; font-family: Times New Roman;"> The economic conditions and uncertainties during the COVID-19 pandemic have at times negatively impacted our net income, surplus, and capital and liquidity positions. The extent to which a pandemic (including the COVID-19
                    pandemic or a future public health crisis) will impact our business and operations in the future cannot be predicted. Any risk management or contingency plans or preventative measures we take may not adequately predict or address the
                    impact of a pandemic on our business. As such, a pandemic could have a material adverse effect on our financial condition and operations and may also have the effect of heightening the other risks described in this section of the
                    prospectus.</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">Banking Sector Stress</font><font style="color: #000000; font-family: Times New Roman;">. Recently, in March 2023, multiple banks (such as Silicon Valley Bank and Signature Bank) were placed into receivership or acquired by another bank pursuant to the Federal Deposit Insurance Corporation&#8217;s regulatory
                    authority. Additional banks appeared to be at risk of failing. These events have elevated concerns among market participants about the liquidity, default, and non-performance risk associated with banks, other financial institutions, and
                    the financial services industry generally, and have added to already adverse market and economic conditions. We continue to closely monitor these events. If more banks or financial institutions enter receivership or become insolvent in
                    the future, there could be a material adverse effect on our business and financial condition.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Changes in applicable law may negatively affect our financial strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">We are subject to detailed and comprehensive regulation and supervision in all the jurisdictions in which we operate. Our operations,
                products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities and self-regulatory authorities including state insurance departments,
                state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue Service, the Department of Labor, and the U.S. Commodity Futures Trading
                Commission.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Changes to federal and state laws and regulations may materially affect the way in which we conduct our business. We are faced with
                significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory authorities, have become increasingly active in the regulation of the </font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive,
                roles in interpreting and enforcing laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of
                laws or regulations may have on our business, but such changes may negatively affect our financial strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Securities and Exchange Commission adopted rules effective on June 30, 2020 (i) imposing a &#8220;best interest&#8221; standard of care on
                broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a broker-dealer or investment adviser, as applicable, and its
                customer. It remains unclear the extent to which these rules, and the evolving nature of the enforcement and interpretation of these rules by the Securities and Exchange Commission, could ultimately affect broker-dealers&#8217; willingness to
                recommend our registered annuity products. These rules could increase, and to some extent have increased, our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased
                risk of regulatory enforcement actions or potentially private claims.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Various states have also adopted laws raising the standard of care owed by broker-dealers, investment advisers, or insurance agents
                to their customers. For example, at least 30 states have adopted the National Association of Insurance Commissioners (&#8220;NAIC&#8221;) revisions to its Suitability in Annuity Transactions Model Regulation, which imposes a requirement that any
                recommendation of an annuity product be in the consumer&#8217;s best interest. Some states have also adopted laws that differ from the NAIC&#8217;s Suitability in Annuity Transactions Model Regulation but impose similar obligations. As changes are
                adopted by our state regulator(s) and made applicable to us or the third-party firms that distribute our products, they could have an adverse impact on our business. In states that have adopted these increased standards with respect to
                annuity recommendations, this may lead to an increased risk of regulatory enforcement actions or potentially private claims.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Our reserves could be inadequate due to differences between our actual experience and management&#8217;s estimates and
                assumptions.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We establish and carry reserves to pay future benefits and claims of contract owners. Our reserves are calculated based on a number
                of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates, persistency, claims experience, and contract owner elections (i.e., the
                exercise or non-exercise of contract benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the exercise of significant judgment and reflect evolving information.
                For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in contract owners living longer than anticipated. We periodically review the adequacy
                of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the timing of payment of, actual benefits and claims or whether the assets
                supporting the contract liabilities will grow to the level assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and assumptions, our claim costs could increase significantly and our
                reserves could be inadequate. If so, we will be required to increase reserves. However, we cannot be certain that our reserves will ultimately be sufficient to pay future benefits and claims of contract owners.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The amount of statutory capital that we must hold to meet our statutory capital requirements can vary
                significantly from time to time.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Statutory accounting standards and capital and reserve requirements are prescribed by the applicable state insurance regulators and
                the NAIC. State insurance regulators have established regulations that govern reserving requirements and provide minimum capitalization requirements based on risk-based capital (&#8220;RBC&#8221;) ratios for life insurance companies. In any particular
                year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory income or losses that we generate, changes in reserves, the amount of
                additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment portfolio, changes in interest rates, and changes to existing RBC
                formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or reserves that we must maintain. There can be no assurance that we
                will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are unable to maintain minimum capitalization requirements, our
                business may be subject to significant increases in supervision and control by state insurance regulators.</font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Litigation and regulatory proceedings may negatively affect our financial strength and claims-paying ability.</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We have been named as defendants in lawsuits (both class actions and individual lawsuits) and have been involved in various
                regulatory investigations and examinations, and we may be involved in more in the future. These actions arise in various contexts, including in connection with our activities as an insurer, securities issuer, employer, investor, and
                taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory authorities involved in regulatory proceedings have substantial power
                over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may negatively affect our financial strength and claims-paying ability.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Reinsurance may not be available or affordable, or may not be adequate to protect against harm to our financial
                strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">As part of our overall risk management strategy, we purchase reinsurance for certain risks underwritten by our various business
                segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control can determine the availability and cost of the reinsurance
                protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss increases, so does the risk that we may not be able to meet our
                financial obligations.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Our hedging programs may be inadequate to protect against harm to our financial strength and claims-paying
                ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Certain types of insurance and investment products that we offer expose us to risks associated with fluctuations in financial
                markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated contract owner behavior may increase the cost of these hedges and/or
                negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging programs may be inadequate to protect us against the full extent
                of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Downgrades and potential downgrades to our claims-paying and financial strength ratings may signal a higher risk
                that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our claims-paying and financial strength ratings, which various ratings organizations publish as measures of an insurance company's
                ability to meet contract owner obligations, are important to maintaining public confidence in Allianz Life and our products, and the ability to market our products and services. A downgrade or an announced potential downgrade by credit
                rating agencies in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial obligations. Any such downgrade or potential downgrade may itself harm our financial strength
                and claims-paying ability by causing financial losses to our business. Such losses may be the result of:</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">reductions in new sales of insurance products, annuities and other investment products;</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">increases in our cost of capital or limitations on our access to sources of capital;</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">harm to our relationships with distributors and sales specialists;</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">material increases in the number or amount of full and partial withdrawals under our insurance
                    products;</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">pressure on us to reduce prices or increase crediting rates for many of our insurance products;
                    and</font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance.</font></div>
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            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Similarly, credit rating agencies also evaluate the insurance industry as a whole and may change Allianz Life&#8217;s and other insurance
                companies&#8217; financial strength ratings based on the agencies&#8217; overall view of the industry. It is possible that Allianz Life&#8217;s credit rating could be similarly downgraded in the future based on credit rating agencies&#8217; evaluation of the life
                insurance industry as a whole due to changes in their view of Allianz Life relative to the industry or a change in their rating assessment methodologies. In addition, downgrades or announced potential downgrades in the financial strength
                ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The evolving landscape of environmental, social and governance standards could adversely affect our reputation or
                business results and could lead to litigation or regulatory proceedings that harm our financial condition.</font></div>
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            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;100&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">Customers, regulators, and other market participants may evaluate our business or other practices according to a variety of environmental, social and
                governance ("ESG") standards, expectations, or metrics, all of which may evolve, may be subjective or underdeveloped in nature, and may reflect contrasting or conflicting values. Standard-setting organizations and regulators including, but
                not limited to, the NAIC, SEC, and state insurance regulators, have proposed or adopted, or may propose or adopt, ESG rules or standards applicable to us. For example, the NAIC has generally modified the Insurer Climate Risk Disclosure
                survey to align with aspects of the Financial Stability Board&#8217;s Task Force on Climate-Related Financial Disclosures (TCFD) framework, a recognized framework of recommendations that were developed to enhance climate-related disclosures. In
                addition, as&#160;, the SEC has proposed new disclosure rules that, if adopted, would generally require a wide range of registered companies, including us, to prepare extensive disclosures and financial information on climate-related risk. Final
                SEC rules have not yet been adopted. Due to the sometimes conflicting, uncertain, and subjective ESG regulatory and market environment, we may be seen as acting inconsistently with ESG standards or values from the perspective of certain
                customers, regulators, or other constituents. As a result, we may face adverse regulatory, customer, media, or public scrutiny related to ESG that potentially could have a negative impact on our business or reputation or lead to legal
                challenges.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;">Risks Primarily Related to Our Business Operations</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Breaches of security, or interference with our technology infrastructure, could harm our business.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Our business relies on technology systems and networks, including systems and networks managed by third parties to process,
                transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to certain federal and state regulations that require us to establish and
                maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business operations, including the retention of clients, and to the protection of
                our clients&#8217; personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter and address such threats, including an increasing frequency of phishing
                scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur could have a material adverse impact on our business operations and our
                financial condition.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">We have implemented and maintain security measures designed to protect against breaches of security and other interference with
                systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the provision of services to us, are provided with or process information
                pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile computing, may also require corresponding changes in our systems,
                networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on such systems and networks, both generally and in the financial
                services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and government and regulatory oversight of associated risks, continue to
                evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Despite the measures we have taken and may in the future take to address and mitigate these risks, we cannot ensure that our
                systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or loss of our proprietary information or our clients&#8217; personal
                information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure, the loss of clients or other damage to our business. Any such
                event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward broad consumer and general public notification of such
                incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of sensitive data, we may incur significant expenses in
                responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security breaches are publicized. We cannot be certain that
                advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate access, or other developments will not compromise or
                breach the technology or other security measures protecting our networks and systems used in connection with our products and services. There may be an increased risk of cyberattacks during periods of geo-political or military conflict.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;101&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The failure to protect our clients&#8217; confidential information and privacy could adversely affect our business.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">A number of our businesses are subject to privacy regulations and confidentiality obligations, including the Gramm-Leach-Bliley Act
                and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients. These obligations generally include protecting such confidential
                information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business segment and may include, among other things:</font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">training and educating our employees regarding our obligations relating to confidential
                    information;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">monitoring changes in state or federal privacy and compliance requirements;</font></div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">drafting appropriate contractual provisions into any contract that raises proprietary and
                    confidentiality issues;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">maintaining secure storage facilities for tangible records;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
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            </div>
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              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.0pt;"><font style="color: #000000; font-family: Times New Roman;">limiting access to electronic information; and</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              </div>
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            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; width: 9.6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226;&#8194;</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 4.4pt; width: 475.00pt;"><font style="color: #000000; font-family: Times New Roman;">in the event of a security breach, providing credit monitoring or other services to affected
                    customers.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
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            </div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">In addition, we must develop, implement and maintain a comprehensive written information security program with appropriate
                administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential information, we could experience adverse consequences, including
                regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company&#8217;s reputation and business results.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Protection from system interruptions and operating errors is important to our business. If we were to experience
                a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Operating errors and system or network interruptions could delay and disrupt our ability to develop, deliver or maintain our products
                and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may also interfere with, impede or cause delays in our calculation of values,
                processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or malfeasance, interference by third parties (including hackers and other
                cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and facilities may fail to operate or report data properly, experience
                connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process transactions or provide products and services to customers. The cause of
                these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of internal or vendor software or systems and other events beyond our control.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">In addition, we rely on third party service providers and vendors for certain communications, technology and business functions and
                face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination or capacity constraints of any of the clearing agents, exchanges,
                clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and distribution activities. These risks are heightened by the evolution in the
                financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other risk management or investment or by financial management strategies. Any such failure, termination or constraint could
                adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">The occurrence of natural or man-made disasters and catastrophes could adversely affect our business operations
                and our business results.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The occurrence of natural or man-made disasters and catastrophes, including extreme weather events, acts of terrorism, geo-political
                disputes, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster recovery systems, or a support failure
                from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy data. Such
                disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such disasters and catastrophes may also impact us
                indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets. Climate change could increase our overall risk
                as </font></div>
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              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
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            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;102&#8201;</font></div>
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            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">extreme weather events may become more likely or frequent. We rely on certain third-parties to provide certain services important to our business
                operations. While we monitor the performance of such third-parties, including those with employees who operate remotely, successful implementation and execution of their business continuity strategies are largely outside of our control.
                Weaknesses or failures within a vendor&#8217;s business continuity plan in light of a natural or man-made disaster or catastrophe could materially disrupt our business operations.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">Inadequate or failed processes or systems, human factors or external events may adversely affect our reputation or
                operational effectiveness, as well as our financial condition.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Operational risk is inherent in our business and can manifest itself in various ways, including business interruption, poor vendor
                performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, external fraud, and inability to recruit, motivate, and retain key employees. These events can potentially result in
                financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
                characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions
                and incur losses from time to time due to these types of risks.</font></div>
            <div style="line-height: 13.0pt; margin-top: 11pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 12.0pt; position: relative; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:lowercase;">14.</font><font style="color:#000000;font-family:Arial;font-size:11pt;line-height:13pt;text-transform:uppercase;">&#8194;</font><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Financial Statements</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The statutory financial statements of Allianz Life Insurance Company of North America as of December 31, 2022 and 2021 and for each
                of the three years in the period ended December 31, 2022 included in Appendix F of this prospectus have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the
                authority of said firm as experts in auditing and accounting.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The unaudited statutory financial statements of Allianz Life Insurance Company of North America as of June 30, 2023 and unaudited
                statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022, as well as the related unaudited statutory statements of operations, capital and surplus and cash flow for the six&#160;month periods ended
                June 30, 2023 and June 30, 2022 are also&#160;included in Appendix F.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The financial statements of the subaccounts of Allianz Life Variable Account B of Allianz Life Insurance Company of North America
                (&#8220;Variable Account B&#8221;) as of December 31, 2022 are incorporated herein by reference to Variable Account B&#8217;s </font><a href="https://www.sec.gov/Archives/edgar/data/836346/000083634623000041/nvpfsazsepacctbapril2023.htm"><font style="font-family: Times New Roman; text-decoration: underline;">Form N-VPFS</font></a><font style="color: #000000; font-family: Times New Roman;"> (File No. 811-05618) filed with the SEC have been so incorporated in reliance on the
                report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:14pt;width:494pt;min-height:13pt;">
            <div style="line-height:10.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:5pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;103&#8201;</font></div>
          </div>
        </div>
      </div>
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      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix A &#8211; Available
                Indexes</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">S&amp;P 500</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;text-transform:uppercase;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;"> Index</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is comprised of 500 stocks representing major U.S. industrial sectors.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The "S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index" is a product of S&amp;P Dow Jones Indices LLC or its affiliates (&#8220;SPDJI&#8221;), and has been licensed for use by Allianz Life Insurance Company of North America ("Allianz"). S&amp;P</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> and S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> are trademarks of S&amp;P Global, Inc. or its affiliates (&#8220;S&amp;P&#8221;); Dow Jones</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> is a registered trademark of Dow Jones Trademark Holdings LLC (&#8220;Dow
                Jones&#8221;); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Allianz. It is not possible to invest directly in an index. Allianz products are not sponsored, endorsed, sold or promoted by SPDJI,
                Dow Jones, S&amp;P, any of their respective affiliates (collectively, &#8220;S&amp;P Dow Jones Indices&#8221;). Neither S&amp;P Dow Jones Indices nor any third party licensors make any representation or warranty, express or implied, to the owners of
                the Allianz products or any member of the public regarding the advisability of investing in securities generally or in Allianz products particularly or the ability of the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index to track general market performance. Past performance of an index is not an indication or guarantee of future
                results. S&amp;P Dow Jones Indices&#8217; only relationship to Allianz with respect to the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&amp;P Dow Jones Indices and/or its licensors. The S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is determined, composed and calculated by S&amp;P Dow Jones Indices
                without regard to Allianz or the Allianz products. S&amp;P Dow Jones Indices have no obligation to take the needs of Allianz or the owners of Allianz products into consideration in determining, composing or calculating the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index. S&amp;P Dow Jones Indices have no obligation or liability in
                connection with the administration, marketing or trading of Allianz products. There is no assurance that investment products based on the S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index will accurately track index performance or provide positive investment returns. S&amp;P Dow Jones Indices LLC
                is not an investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter&#8221; (as defined in the Investment Company Act of 1940, as amended), &#8220;expert&#8221; as enumerated within 15 U.S.C. &#167; 77k(a) or tax
                advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&amp;P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it
                considered to be investment advice or commodity trading advice.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">NEITHER S&amp;P DOW JONES INDICES NOR THIRD PARTY LICENSOR GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF
                THE S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> INDEX OR ANY DATA RELATED THERETO OR ANY
                COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&amp;P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR
                DELAYS THEREIN. S&amp;P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ, OWNERS OF
                THE ALLIANZ PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&amp;P 500</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&amp;P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR
                CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&amp;P
                DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&amp;P DOW JONES INDIES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO
                THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&amp;P DOW JONES INDICES AND ALLIANZ, OTHER THAN THE LICENSORS OF S&amp;P DOW JONES INDICES.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Russell 2000</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;text-transform:uppercase;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;"> Index</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index is constructed to provide a comprehensive and unbiased small-cap
                barometer and is completely reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the true small-cap index.</font></div>
          </div>
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          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix A</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;104&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_2"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">The Russell 2000</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> Index (the &#8220;Index&#8221;) is a trademark of Frank Russell Company (&#8220;Russell&#8221;) and has been licensed for use by Allianz Life Insurance Company of North America (&#8220;Allianz&#8221;). Allianz products
                are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (&#8220;LSEG&#8221;) (together the &#8220;Licensor Parties&#8221;) and none of the Licensor Parties make any claim, prediction, warranty or
                representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Allianz product is based), (ii) the figure at which the Index is said to stand at any particular time
                on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Allianz product. None of the Licensor Parties have provided or will provide any financial or
                investment advice or recommendation in relation to the Index to Allianz or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person
                for any error in the Index or (b) under any obligation to advise any person of any error therein.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Nasdaq-100</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;text-transform:uppercase;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;"> Index</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The NASDAQ-100 Index</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> based on market capitalization.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">The Product(s) is not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are
                referred to as the &#8220;Corporations&#8221;). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the Product(s). The Corporations make no representation or
                warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly, or the ability of the Nasdaq-100 Index</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> to track general stock market performance. The Corporations' only
                relationship to Allianz Life Insurance Company of North America (&#8220;Licensee&#8221;) is in the licensing of the NASDAQ</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;">, and Nasdaq-100 Index</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs of the Licensee or the owners of the
                Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;">. The Corporations are not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the
                equation by which the Product(s) is to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS
                OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL
                WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE,
                INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">EURO STOXX 50</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;position:relative;text-transform:uppercase;top:-4.25pt;">&#174;</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;">, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers 50 stocks from 11 Eurozone countries:
                Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">STOXX Limited, Deutsche B&#246;rse Group and their licensors, research partners or data providers have no relationship to Allianz Life
                Insurance Company of North America (&#8220;Allianz&#8221;), other than the licensing of the EURO STOXX 50</font><font style="color:#000000;font-family:Times New Roman;font-size:6.5pt;position:relative;top:-4.25pt;">&#174;</font><font style="color: #000000; font-family: Times New Roman;"> and the related trademarks for use in connection with Allianz products.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">STOXX, Deutsche B&#246;rse Group and their licensors, research partners or data providers do</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold; text-decoration: underline;"> not</font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226; sponsor, endorse, sell or promote Allianz products.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226; recommend that any person invest in Allianz products or any other securities.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226; have any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz products.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix A</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;105&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_9c8df33d-616e-4f43-b549-b970b7b9b7d4_3"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226; have any responsibility or liability for the administration, management or marketing of Allianz products.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">&#8226; consider the needs of Allianz products or the owners of Allianz products in determining, composing or calculating the EURO STOXX 50
                or have any obligation to do so.</font></div>
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          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix A</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;106&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_b77b10f9-2148-4643-aa3e-4e87f280361e_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix B &#8211; Daily
                Adjustment</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Generally</font></div>
            <div style="line-height: 12.0pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">We designed the Daily Adjustment to provide an Index Option Value on Business Days other than the Term Start Date or the Term End
                Date. The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment
                takes into account:</font></div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 9.43pt;"><font style="color: #000000; font-family: Times New Roman;">(i)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 10.57pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">any Index gains during the Term subject to the applicable Trigger Rate, Cap, and/or
                    Participation Rate,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 12.2pt;"><font style="color: #000000; font-family: Times New Roman;">(ii)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 7.8pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">for the Index Dual Precision Strategy, any Index losses less than or equal to the 10% Buffer,</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.5pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 14.97pt;"><font style="color: #000000; font-family: Times New Roman;">(iii)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 5.03pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">either any Index losses greater than the 10%, 20%, or 30% Buffer, or Index losses down to the
                    -10% Floor (not applicable to the Index Protection Strategy with Trigger), and</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;margin-top:2.0pt;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 10pt; width: 14.43pt;"><font style="color: #000000; font-family: Times New Roman;">(iv)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 5.57pt; width: 459.00pt;"><font style="color: #000000; font-family: Times New Roman;">the number of days until the Term End Date.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Daily Adjustment formula has two primary components, (i) the change in Proxy Value and (ii) accumulated proxy interest, which are
                added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credit that will be available on the Term End Date taking into account any
                applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may be negative because of other market conditions, such as the
                expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor. However, the Daily Adjustment for the Index Protection Strategy with Trigger cannot
                be negative. The Daily Adjustment for Index Options with a Term length of more than 1-year may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due the difference in Term
                length. Also, the risk of a negative Daily Adjustment is greater for Index Options with a Term length of more than 1-year than for 1-year Term Index Options because the Buffer is exposed to a longer time period. The impact of the Cap and
                Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is for a 3-year or 6-year Term Index Option because we apply the Cap and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Daily Adjustment Formula</font></div>
            <div style="line-height: 12.0pt; margin-top: 2pt;"><font style="color: #000000; font-family: Times New Roman;">The formula for the calculation of the Daily Adjustment is as follows:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Daily Adjustment = [(a) change in Proxy Value + (b) proxy interest] x Index Option Base</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">Where:</font></div>
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 11.09pt;"><font style="color: #000000; font-family: Times New Roman;">(a)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 2.91pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">change in Proxy Value = (current Proxy Value &#8211; beginning Proxy Value)</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div>
              <div style="clear:both;position:relative;width:100%;">
                <div style="float: left; line-height: 12pt; margin-left: 14pt; width: 11.66pt;"><font style="color: #000000; font-family: Times New Roman;">(b)</font></div>
                <div style="float: left; line-height: 12pt; margin-left: 2.34pt; width: 461.00pt;"><font style="color: #000000; font-family: Times New Roman;">proxy interest = beginning Proxy Value x (1 &#8211; time remaining during the Term)</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Calculating Change in Proxy Value</font></div>
            <div style="line-height: 12.0pt; margin-top: 2pt;"><font style="color: #000000; font-family: Times New Roman;">The change in Proxy Value represents the current hypothetical value of the Proxy Investment (current Proxy Value), less the cost of
                the Proxy Investment on the Term Start Date (beginning Proxy Value).</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The current Proxy Value is the Proxy Value calculated on the same day as the Daily Adjustment. The beginning Proxy Value is the Proxy
                Value calculated on the Term Start Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The Proxy Value is calculated differently for each Crediting Method.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">For the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Index Dual
                Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;">, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2pt;"><font style="color: #000000; font-family: Times New Roman;">[Trigger Rate x (in-the-money binary call)] &#8211; (out-of-the-money put)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to our Proxy Value formula, we designed the in-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value divided by the Index Value on the Term Start Date is greater than -10%, and the out-of-the-money put to value the potential for Index losses greater than the 10% Buffer. It is important
                to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is because the risk that the Index Value
                could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix B</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;107&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_b77b10f9-2148-4643-aa3e-4e87f280361e_2"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Times New Roman;">For the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Index Precision Strategy</font><font style="color: #000000; font-family: Times New Roman;">, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">[Trigger Rate x (at-the-money binary call)] &#8211; (out-of-the-money put)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to our Proxy Value formula, we designed the at-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date, and the out-of-the-money put to value the potential for Index losses greater than the 10% Buffer for the Index
                Precision Strategy. It is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is
                because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Index Guard
                Strategy</font><font style="color: #000000; font-family: Times New Roman;">, the Proxy Value involves tracking four hypothetical derivatives and is calculated using the following formula:</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">Proxy Value = (at-the-money call) &#8211; (out-of-the-money call) &#8211; (at-the-money put) + (out-of-the-money put)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to our Proxy Value formula, we designed the at-the-money call and out-of-the-money call to value the potential for
                Index gains up to the Cap and the at-the-money put to value the potential for Index losses, but add back the out-of-money put to mimic the protection of the -10% Floor for the Index Guard Strategy. It is important to note that the
                at-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. It is also important to note that the out-of-money put will almost
                always reduce, and never exceed, the negative impact of the at-the-money put for the Index Guard Strategy.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Index
                Performance Strategy</font><font style="color: #000000; font-family: Times New Roman;">, the Proxy Value involves tracking three hypothetical derivatives and is calculated using the following formula:</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">Proxy Value = (at-the-money call) &#8211; (out-of-the-money call) &#8211; (out-of-the-money put)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to our Proxy Value formula, we designed the at-the-money call and out-of-the-money call to value the potential for
                Index gains subject to any applicable Participation Rate up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the 10%, 20%, or 30% Buffer&#160;for the Index Performance Strategy. Similar to the Index
                Precision Strategy, it is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is
                because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date. For purposes of the Proxy
                Value formula the value of the out-of-the-money call will be zero if an Index Option is uncapped.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">For the </font><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Index Protection
                Strategy with Trigger</font><font style="color: #000000; font-family: Times New Roman;">, the Proxy Value involves tracking one hypothetical derivative and is calculated using the following formula:</font></div>
            <div style="line-height: 12.0pt; margin-left: 14pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">Proxy Value = Trigger Rate x (at-the-money binary call)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">With respect to our Proxy Value formula, we designed the at-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Calculating Proxy Interest</font></div>
            <div style="line-height: 12.0pt; margin-top: 2.5pt;"><font style="color: #000000; font-family: Times New Roman;">The proxy interest is an amount of interest that is earned to provide compensation for the cost of the Proxy Investment on the Term
                Start Date. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Term to zero. The formula for proxy interest involves the calculation of (i) the beginning Proxy Value (the formula for
                which varies depending on the Crediting Method, as previously discussed) and (ii) the time remaining during a Term. The time remaining during a Term is equal to the number of days remaining in the Term divided by the Term length. Term
                length equals the number of days from the Term Start Date to the Term End Date. The proxy interest may be significantly different from current interest rates available on interest bearing investments.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix B</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;108&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
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      <div><a name="xx_b77b10f9-2148-4643-aa3e-4e87f280361e_3"></a>
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          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 12.0pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold;">Additional Information</font></div>
            <div style="line-height: 12.0pt; margin-top: 2pt;"><font style="color: #000000; font-family: Times New Roman;">You can find a more detailed explanation of the calculation of the Proxy Value, including examples, in Exhibit 99 of the Form S-1
                Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99 by calling (800) 624-0197, or visiting our website at
                allianzlife.com.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix B</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;109&#8201;</font></div>
          </div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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      <div><a name="xx_540773e1-e53c-4504-9c04-dfad0b25e44f_1"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix C &#8211; Rider Fee
                Calculation Example</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic; font-weight: bold;">Please note that this example may differ from your actual results due to rounding.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">You purchase a Contract with the Maximum Anniversary Value Death Benefit. On the Quarterly Contract Anniversary your annual rider fee
                is 0.20% and your Contract Value and Charge Base are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Performance Credits on the Index Options.
                During the quarter you make no additional Purchase Payments and take no withdrawals. We calculate the daily rider fee amount for this quarter as follows:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(the Charge Base) x (annual rider fee &#247; 365) = daily rider fee amount, or:</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">$100,000 x (0.20% &#247; 365) = $0.55</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If there are 89 days in the current quarter (which includes the next Quarterly Contract Anniversary), then the total quarterly rider
                fee is:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(number of days in the current quarter) x (daily rider fee amount), or: 89 x $0.55 = $48.77</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">On the next Quarterly Contract Anniversary we would deduct $48.77 from the Contract Value. We first account for any gains/losses on
                the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Performance Credits to the Index Option Values, then process any additional Purchase Payments, withdrawals you take, and deductions we make for the total
                quarterly rider fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is $101,250 we would begin computing the daily rider
                fee for the next quarter on the next day as:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(the Charge Base) x (annual rider fee &#247; 365) = daily rider fee amount, or: $101,250 x (0.20% &#247; 365) = $0.55</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If you make an additional Purchase Payment of $15,000 on the 43rd day of the next quarter, your Charge Base would increase by the
                dollar amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily rider fee for the remainder of the quarter on the next day as:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(the Charge Base) x (annual rider fee &#247; 365) = daily rider fee amount, or: $116,250 x (0.20% &#247; 365) = $0.64</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">If there are 92 days in the current quarter (which includes the next Quarterly Contract Anniversary), then the total quarterly rider
                fee is:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(number of days in the current quarter) x (daily rider fee amount), or:</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">(43 x $0.55) + (49 x $0.64) = $23.86 + $31.21 = $55.07</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">On the next Quarterly Contract Anniversary we would deduct $55.07 from the Contract Value after we account for any gains/losses on
                the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Performance Credits to the Index Option Values. We would then process any additional Purchase Payments, withdrawals you take, and deductions we make for
                the total quarterly rider fee and set the Charge Base equal to this new Contract Value and begin computing the daily rider fee for the next quarter on the next day.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;110&#8201;</font></div>
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      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
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      <div><a name="xx_5a0f8aed-4976-4578-9088-9110b44daccf_1"></a>
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          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix D &#8211; Material
                Contract Variations by State</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Times New Roman;">Your Contract is subject to the law of the state in which it is issued. Some of the features of your Contract may differ from the
                features of a Contract issued in another state because of state-specific legal requirements. In addition, not all features and benefits are approved in all states. All material state variations in the Contract are disclosed in this
                Appendix. If you would like more information regarding state specific Contract provisions, you should contact your Financial Professional or contact our Service Center at the toll-free telephone number listed at the back of this prospectus.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6.5pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Crediting Method and/or Index Option Availability Restrictions</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z41d007ea99694e65a98067f1f846de24" style="empty-cells:show;margin-left:12pt;width:470pt;">

                  <tr style="height:14.25pt;">
                    <td style="background-color:#D8D8D8;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Bottom;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-right:6pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Crediting Method / Index Options</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Bottom;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="border-bottom:0.5pt solid #000000;margin-left:6pt;padding-bottom:1pt;">
                          <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Availability Restrictions:</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:80.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">Index Dual Precision Strategy available only to Contracts issued on or </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">after November 14, 2023</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued before November 14, 2023.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued in Idaho, Indiana, Louisiana, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Virginia, and Wyoming.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;For Contracts issued in all other states, this Crediting Method first </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">became available to newly issued Contracts on November 14, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">2023.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:69.5pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">Index Performance Strategy 1-year Term with 20% Buffer or 30% </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">Buffer available only to Contracts issued on or after November 14, </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">2023</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued before November 14, 2023.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued in Idaho, Indiana, Louisiana, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Virginia, and Wyoming.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;For Contracts issued in all other states, these first became </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">available to newly issued Contracts on November 14, 2023.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:71.75pt;">
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">Index Performance Strategy 6-year Term with 20% Buffer available </font></div>
                        <div style="margin-right: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">only to Contracts issued on or after November 14, 2023</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.25pt;padding-top:2.25pt;vertical-align:Top;width:235pt;">
                      <div style="line-height:12.0pt;text-align:left;">
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued before November 14, 2023.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;Not available to Contracts issued in Idaho, Indiana, Louisiana, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey, </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">Virginia, and Wyoming.</font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:0.0pt;">&#8211;&#8194;For Contracts issued in all other states, these first became </font></div>
                        <div style="margin-left: 6pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:9pt;margin-left:8.2pt;">available to newly issued Contracts on November 14, 2023.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 12.0pt; margin-top: 12pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Material State Contract Variations</font><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;font-weight:bold;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zdcb255466b3042f1a6ce5bf502c57b4b" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">ISSUE STATE</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">FEATURE AND BENEFITS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">VARIATION</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">California</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We cannot restrict assignments or changes of ownership</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:99pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Free Look/Right to Examine </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Period</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 3</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">For Owners age 60 or older (or Annuitants age 60 or older for </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">non-individually owned Contracts), we are required to allocate your
                            initial </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Purchase Payment to the AZL Government Money Market Fund during the </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">30 day free look period unless you specify otherwise on the appropriate
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">form. If you want to immediately apply your Purchase Payment to the
                            Index </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Options you must opt out of this allocation. If you do not opt out of
                            this </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">allocation to the AZL Government Money Market Fund your Index Effective
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Date cannot occur until the free look period has ended.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:49.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Waiver of Withdrawal Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefit</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 7</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Qualification for the portion of the benefit based on confinement for
                            care </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">requiring a stay in an eligible facility is not available.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;Qualification for the benefit is expanded to include requiring
                            substantial </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">supervision due to severe cognitive impairment.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix D</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;111&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_5a0f8aed-4976-4578-9088-9110b44daccf_2"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z6e82358fdaa0434d82b17f91c480fac6" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">ISSUE STATE</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">FEATURE AND BENEFITS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">VARIATION</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:99pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Connecticut</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We can only restrict assignments to settlement
                            companies and </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">institutional investors as described in your Contract</font><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Florida</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We cannot restrict assignments or changes of
                            ownership.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:39pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Free Look/Right to Examine </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Period</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 3</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">We cannot allocate your initial Purchase Payment to the AZL Government
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Money Market Fund during the free look period.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:39pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">When Annuity Payments </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Begin</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 8</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">The earliest acceptable Annuity Date is the first Index Anniversary.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:39pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Massachusetts</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Waiver of Withdrawal Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefit</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 7</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">This benefit is not available.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:63pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Montana</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Access to Your Money</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 7</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">If you take a partial withdrawal that reduces the Contract Value below
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$2,000, we contact you and give you the option of modifying your
                            withdrawal </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">request. If we cannot reach you within seven days of our receipt of
                            your </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">request in Good Order at our Service Center, we process your request as
                            a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">full withdrawal.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ohio</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We cannot restrict assignments or changes of
                            ownership.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:51pt;">
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Pennsylvania</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Waiver of Withdrawal Charge </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Benefit</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 7</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">The requirement to begin confinement after the first Contract
                            Anniversary in </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">an eligible facility (a hospital, nursing facility, or assisted living
                            facility) is at </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">least 90 days provided each day of confinement is no more than 6 months
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">after the previous day of confinement.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:87pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:4pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:12pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Texas</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We cannot restrict assignments or changes of
                            ownership.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:37.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:0.5pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">&#160;</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Access to Your Money</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 7</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">We only treat a partial withdrawal that reduces the Contract Value
                            below </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">$2,000 as a full withdrawal if you have not made an additional Purchase
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Payment in the past two calendar years.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix D</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;112&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_5a0f8aed-4976-4578-9088-9110b44daccf_3"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="z2b95bb27752f411aac825e623f68ec48" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:15.5pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">ISSUE STATE</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">FEATURE AND BENEFITS</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Bottom;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">VARIATION</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:85.5pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:73.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Wisconsin</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:132pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Assignments, Changes of </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Ownership and Other </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Transfers of Contract Rights</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 5.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">See section 2</font></div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.125pt;padding-top:2.125pt;vertical-align:Top;width:288.5pt;">
                      <div style="line-height:13.0pt;text-align:left;">
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">We cannot restrict assignments or changes of
                            ownership.</font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#8226;&#8194;We do not change the Determining Life (Lives) following an assignment
                            or </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">ownership change. If you assign the Contract and the Determining Life
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">(Lives) are no longer an Owner (or Annuitant if the Owner is a </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">non-individual) the Traditional Death Benefit or Maximum Anniversary </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Value Death Benefit may not be available and on the Owner&#8217;s death the
                          </font></div>
                        <div style="margin-left: 5.75pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:7.34pt;">Beneficiary(s) will only receive the Contract Value.</font></div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div style="line-height: 1.0pt;"> </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix D</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;113&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_aa5754eb-3d25-4542-9841-c0debd35ea74_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix E &#8211; Variable
                Investment Option Under the Contract</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The following includes information about the AZL Government Money Market Fund. More information about the AZL Government Money Market
                Fund is available in the fund's prospectus, which may be amended from time to time and can be found online at allianzlife.com/variableoptions. You can also request this information at no cost by calling (800) 624-0197, or by sending an
                email request to contact.us@allianzlife.com.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The current expenses and performance information below reflects fees and expenses of the AZL Government Money Market Fund, but do not
                reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. The AZL Government Money Market Fund's past performance is not necessarily an
                indication of future performance.</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
            <div style="line-height: 0.0pt;"> </div>
            <div style="margin-top:0.0pt;">
              <table cellspacing="0" cellpadding="0" id="zf667b3e1fc0b4ba2b677526d59ea8765" style="border-bottom:0.5pt solid #000000;border-left:0.5pt solid #000000;border-right:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;">

                  <tr style="height:25pt;">
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:154.5pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:4pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Investment Objectives</font></div>
                      </div>
                    </td>
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:133pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Variable Investment Option </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">and</font><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:9pt;"> </font></div>
                        <div style="margin-left:3.75pt;margin-right:3.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Adviser/Subadviser</font></div>
                      </div>
                    </td>
                    <td rowspan="2" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:56pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:1.75pt;margin-right:1.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Current</font></div>
                        <div style="margin-left:1.75pt;margin-right:1.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;">Expenses</font></div>
                      </div>
                    </td>
                    <td colspan="3" style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:150.5pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:1.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">Average Annual Total Returns</font></div>
                        <div style="margin-left:1.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;">(as of December 31, 2022)</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:15pt;">
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:50pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:1.75pt;margin-right:1.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">1 Year</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:50pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:1.75pt;margin-right:1.75pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">5 Years</font></div>
                      </div>
                    </td>
                    <td style="background-color:#D8D8D8;border-bottom:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Bottom;width:50.5pt;">
                      <div style="line-height:10.0pt;text-align:left;">
                        <div style="margin-left:1.75pt;margin-right:2pt;text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.00pt;">10 Years</font></div>
                      </div>
                    </td>
                  </tr>
                  <tr style="height:72pt;">
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:154.5pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">Current income consistent with </font></div>
                        <div style="margin-left: 4pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;margin-left:0.0pt;">stability of principal</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;width:133pt;">
                      <div style="line-height:11.0pt;text-align:left;">
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">AZL</font><font style="color:#000000;font-family:Arial;font-size:5.5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.75pt;">&#174;</font><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">
                            Government Money </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;margin-left:0.0pt;">Market Fund</font><font style="color:#000000;font-family:Arial;font-size:5.5pt;font-weight:bold;margin-left:0.0pt;position:relative;top:-3.75pt;">(1)</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-style:italic;line-height:10pt;margin-left:0.0pt;">&#8195;</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-style:italic;margin-left:0.0pt;">Adviser: Allianz Investment </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-style:italic;margin-left:0.0pt;">Management LLC</font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-style:italic;margin-left:0.0pt;">Subadviser: BlackRock </font></div>
                        <div style="margin-left: 3.75pt; margin-right: 3.75pt; white-space: nowrap;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-style:italic;margin-left:0.0pt;">Advisors, LLC</font></div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;white-space:nowrap;width:56pt;">
                      <div style="line-height:11.0pt;margin-left:4pt;margin-right:4pt;text-align:right;width:48pt;">
                        <div style="display:flex;margin:auto;width:27.51pt;">
                          <div style="display:flex;white-space:nowrap;width:27.51pt;"><font style="color:#000000;font-family:Arial;font-size:9pt;">0.87%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;white-space:nowrap;width:50pt;">
                      <div style="line-height:11.0pt;margin-left:4pt;margin-right:4pt;text-align:right;width:42pt;">
                        <div style="display:flex;margin:auto;width:27.51pt;">
                          <div style="display:flex;white-space:nowrap;width:27.51pt;"><font style="color:#000000;font-family:Arial;font-size:9pt;">0.78%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="border-right:0.5pt solid #000000;padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;white-space:nowrap;width:50pt;">
                      <div style="line-height:11.0pt;margin-left:4pt;margin-right:4pt;text-align:right;width:42pt;">
                        <div style="display:flex;margin:auto;width:27.51pt;">
                          <div style="display:flex;white-space:nowrap;width:27.51pt;"><font style="color:#000000;font-family:Arial;font-size:9pt;">0.68%</font></div>
                        </div>
                      </div>
                    </td>
                    <td style="padding-bottom:2.375pt;padding-top:2.375pt;vertical-align:Top;white-space:nowrap;width:50.5pt;">
                      <div style="line-height:11.0pt;margin-left:4pt;margin-right:2pt;text-align:right;width:42pt;">
                        <div style="display:flex;margin:auto;width:27.51pt;">
                          <div style="display:flex;white-space:nowrap;width:27.51pt;"><font style="color:#000000;font-family:Arial;font-size:9pt;">0.35%</font></div>
                        </div>
                      </div>
                    </td>
                  </tr>

              </table>
            </div>
            <div>
              <div style="clear:both;margin-top:9pt;position:relative;width:100%;">
                <div style="float: left; line-height: 7pt; width: 6.99pt;"><font style="color:#000000;font-family:Times New Roman;font-size:5pt;position:relative;top:-3.25pt;">(1)</font></div>
                <div style="float: left; line-height: 10pt; margin-left: 9.01pt; width: 473.00pt;"><font style="color:#000000;font-family:Times New Roman;font-size:8pt;">The AZL</font><font style="color:#000000;font-family:Times New Roman;font-size:4.5pt;font-weight:bold;position:relative;top:-5.5pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:8pt;"> Government Money Market Fund&#8217;s annual expenses reflect a temporary fee reduction.
                    Please see the AZL</font><font style="color:#000000;font-family:Times New Roman;font-size:4.5pt;font-weight:bold;position:relative;top:-5.5pt;">&#174;</font><font style="color:#000000;font-family:Times New Roman;font-size:8pt;"> Government
                    Money Market Fund&#8217;s prospectus for information regarding the expense reimbursement or fee waiver arrangement.</font></div>
              </div>
              <div style="clear:both;position:relative;"> </div>
            </div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix E</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;114&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div>
      <div><a name="xx_2d304dcb-58b1-4c46-8e48-7210a909bcff_1"></a>
        <div style="page-break-after:always;position:relative;">
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:648pt;">
            <div style="line-height: 13.0pt; margin-top: 9pt;">
              <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color:#000000;font-family:Arial;font-size:11pt;text-transform:uppercase;">Appendix F &#8211; Unaudited
                Selected Financial Data and Statutory Financial Statements</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations (For
                the 6 month period ending June 30, 2023)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">The following discussion of our financial condition and results of operations should be read in conjunction with
                our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are subject to risks, uncertainties and other factors,
                as described in &#8220;Risk Factors&#8221; and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and opportunities in the remainder of 2023 and beyond to
                differ materially from those expressed in, or implied by, those forward-looking statements. See &#8220;Forward-Looking Statements.&#8221;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Unaudited Statutory Financial Statements as of June 30, 2023</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">The following unaudited statutory financial statements of Allianz Life Insurance Company of North America as of
                June 30, 2023 and unaudited statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022, as well as the related unaudited statutory statements of operations, capital and surplus and cash flow for
                the six month periods ended June 30, 2023 and June 30, 2022 are included in this Appendix.</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations (For
                the 12 month period ending December 31, 2022)</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman; font-style: italic;">The following discussion of our financial condition and results of operations should be read in conjunction with
                our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are subject to risks, uncertainties and other factors,
                as described in &#8220;Risk Factors&#8221; and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and opportunities in 2023 and beyond to differ materially
                from those expressed in, or implied by, those forward-looking statements. See &#8220;Forward-Looking Statements.&#8221;</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Statutory Financial Statements as of December 31, 2022</font></div>
            <div style="line-height: 12.0pt; margin-top: 6pt;"><font style="color: #000000; font-family: Times New Roman;">The statutory financial statements of Allianz Life Insurance Company of North America as of December 31, 2022 and 2021 and for each
                of the three years in the period ended December 31, 2022 included in this Appendix F have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of
                said firm as experts in auditing and accounting. The principal business address of PricewaterhouseCoopers LLP is 45 South Seventh Street, Suite 3400, Minneapolis, MN.</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:26pt;width:494pt;min-height:13pt;">
            <div style="line-height:11.0pt;text-align:center;">
              <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:11pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font> <br>
              <font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 11pt;">Appendix F</font></div>
          </div>
          <div style="clear:both;"> </div>
          <div style="float:left;margin-left:50pt;margin-top:15pt;width:494pt;min-height:10pt;">
            <div style="line-height:12.0pt;text-align:center;"><font style="color:#000000;font-family:Arial;font-size:9pt;font-weight:bold;line-height:12pt;margin-left:0%;">&#8201;115&#8201;</font></div>
          </div>
        </div>
      </div>
      <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
      <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
      <!-- PAGE BREAK --> </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">
      <div style="min-height:58.5pt;width:100%">
        <div><br>
        </div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
          <div style="page-break-after: always;" class="BRPFPageBreak">
            <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
        </div>
        <div style="margin-top: 5pt;">
          <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z9e61a3e081e54f5991539ecf84ea6c2c">

              <tr>
                <td style="width:1.0%"><br>
                </td>
                <td style="width:32.233%"><br>
                </td>
                <td style="width:0.1%"><br>
                </td>
                <td style="width:1.0%"><br>
                </td>
                <td style="width:32.233%"><br>
                </td>
                <td style="width:0.1%"><br>
                </td>
                <td style="width:1.0%"><br>
                </td>
                <td style="width:32.234%"><br>
                </td>
                <td style="width:0.1%"><br>
                </td>
              </tr>
              <tr>
                <td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"><br>
                </td>
                <td colspan="3" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:middle">
                  <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Part I</font></div>
                </td>
                <td colspan="3" style="border-bottom:1pt solid #000000;padding:0 1pt"><br>
                </td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(f).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Financial Data</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">(dollars in millions, unless otherwise stated)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth the Company&#8217;s selected historical financial
          data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of
          Operations&#8221; and the Company&#8217;s Statutory Financial Statements. </font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These historical results are not necessarily indicative of results to be
          expected for any future period.</font></div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.767%" id="z457795c8eb414f17aeeaf0b806ab3f80">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:27.971%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.561%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.142%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.865%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.142%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.561%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.142%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.865%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.142%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.865%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.144%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Period ended</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Selected income data</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">June 30, 2023</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,156&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,427&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,291&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,542&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,029&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,310&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,544&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,866&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance
                  reserve and expense adjustments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(745)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(545)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">639&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(45)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">329&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">222&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">613&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">141&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(503)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">694&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,084&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,411&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,338&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,797&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits
                  and surrenders</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,752&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,499&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,876&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,343&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,368&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,917&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,113&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,316&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,034&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and
                  administrative and commission</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,351&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,236&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,195&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,739&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,878&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,732&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,424&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,228&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,580&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,811&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,534&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">773&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital
                  (loss) gain</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,986)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,856&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">268&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">847&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,292&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">739&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">543&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">408&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(516)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(142)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">719&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(175)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(325)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(87)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(421)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,794&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">441&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in
                  capital &amp; surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">414&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,190)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,044&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(292)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,378&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Includes premiums and annuity and
                  supplementary contract considerations.</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-top: 9pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.023%" id="zddc3635e8ff9415290f7c464432e7fae">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:27.427%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.243%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.873%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.243%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.243%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.873%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.243%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.873%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.250%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">As of </font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Selected balance sheet
                  data</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">June 30, 2023</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash and invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121,210&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">122,829&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">125,229&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121,870&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investment income due
                  and accrued</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,353&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,273&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">947&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,031&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other admitted assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,125&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,684&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,480&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,218&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">945&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Separate account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  admitted assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174,864&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173,535&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173,388&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158,484&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total policyholder
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107,893&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">105,229&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103,933&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">109,353&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107,098&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,866&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,877&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,618&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,473&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,794&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Separate account liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167,935&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">155,608&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162,830&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">165,727&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">150,530&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total capital
                  and surplus</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,929&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 1 of 18</font></div>
          <div><br>
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      </div>
      <hr style="page-break-after:always">
      <div style="min-height:58.5pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Item&#160;11(h).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of
          Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following discussion and analysis provides an assessment by management
          of the Company&#8217;s financial condition as of June 30, 2023, compared with December&#160;31, 2022, and its results of operations for the six months ended June 30, 2023 and 2022, respectively. The information contained herein should be read in conjunction
          with the June 30, 2023 unaudited Statutory Financial Statements, the financial statements, notes, exhibits and schedules in the 2022 Annual Statement and the December&#160;31, 2022 audited Statutory Financial Statements of the Company. Amounts are
          presented on a non-consolidated basis in accordance with Statutory Accounting Principles (SAP). </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Forward-looking Statements</font></div>
      <div style="margin-top:6pt;padding-right:2.25pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">This report reviews the Company&#8217;s financial condition and results of
          operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include &#8220;forward-looking statements&#8221; within the meaning of the Private Securities
          Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like &#8220;believe&#8221;, &#8220;expect&#8221;,
          &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;budget&#8221;, &#8220;forecast&#8221;, &#8220;anticipate&#8221;, &#8220;plan&#8221;, &#8220;will&#8221;, &#8220;shall&#8221;, &#8220;may&#8221;, and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are cautioned not
          to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Company Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
          (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company&#8217;s ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company domiciled in
          the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed annuities, and
          individual ordinary fixed-indexed universal life (FIUL) products. The Company&#8217;s products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed registered
          representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of fixed and variable annuities, individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not
          actively issue new policies related to these products. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has organized its principal operations into the following
          segments: Individual Annuities, Life, and Legacy.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Individual Annuities </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment provides tax-deferred investment growth
          and lifetime income opportunities for our customers through fixed, fixed-indexed, variable-indexed and variable products. The &#8220;fixed&#8221; and &#8220;variable&#8221; classifications describe whether we or the contractholders bear the investment risk of the assets
          supporting the contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual Annuity products are sold
          through both independent distribution channels made up of agents and registered representatives.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fixed annuities provide guarantees related to the preservation of principal
          and interest credited. In 2023, sales of our fixed-indexed annuity products were higher than the prior year due to a 2023 sales promotion for the Allianz Benefit Control&#174;, Core Income 7&#174; Annuity and Essential Income 7&#174; Annuity products (the 2023
          sales promotion) and a favorable market environment. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Variable annuities allow the contractholder to make deposits into various
          investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable
          annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits
          shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account
          option that is similar to a fixed-indexed annuity. In 2023, sales of variable-indexed annuities were consistent with prior year results. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 2 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:58.5pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Life</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our life insurance products provide flexibility and control over a person&#8217;s
          assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products. Deposits are
          credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow for the last several
          years and was driven by strong product proposition.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Legacy</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy business consists of closed blocks of LTC and Special Markets
          products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate additional
          resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of these product
          lines is not material enough to warrant discussion as separate operating segments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income and Expense Allocation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We maintain segregated investment portfolios for the Company but do not
          maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by
          segment are not included herein. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income and expense related to assets backing policyholder reserves are
          allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are
          allocated to the segments based on estimated required capital levels for each segment.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Basis of Presentation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been prepared in accordance with
          accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and reporting the
          financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) Accounting Practices and
          Procedures Manual as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from
          accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements in conformity with NAIC
          SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of June 30, 2023, and December&#160;31, 2022
          and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
          used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Adoption of New Financial Accounting Standards</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has not adopted any new accounting pronouncements during the
          periods ended June 30, 2023, and December&#160;31, 2022.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 3 of 18</font></div>
          <div><br>
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        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:58.5pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Application of Critical Accounting Policies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our accounting policies require management to make interpretative and
          valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
          entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be
          found in Note 2 of the accompanying Statutory Financial Statements and are summarized below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting for Investments </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Investment valuation and presentation are determined to be in accordance
          with methods prescribed by the NAIC. See Note 3 and 4 of the June 30, 2023 unaudited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Derivatives</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 and 4 of the June 30, 2023 unaudited Statutory Financial
          Statements for additional information regarding our derivatives and hedging instruments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Reinsurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 6 of the June 30, 2023 unaudited Statutory Financial Statements
          for additional information regarding reinsurance agreements we have entered into during six months ended June 30, 2023 to manage insurance risk.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income Taxes</font></div>
      <div style="margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the June 30, 2023 unaudited Statutory Financial Statements for a reconciliation
          of the federal income tax rate to the actual effective rate.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 4 of 18</font></div>
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      <hr style="page-break-after:always">
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        </div>
      </div>
      <div style="margin-bottom:13pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Results of Operations</font></div>
      <div style="margin-bottom: 13pt; margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.940%" id="zb119965088854a1dbee51ec5a0d1b218">

            <tr>
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              </td>
              <td style="width:36.360%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.947%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.583%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.947%"><br>
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              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.583%"><br>
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              <td style="width:0.1%"><br>
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              <td style="width:13.947%"><br>
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              <td style="width:0.1%"><br>
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              <td style="width:0.583%"><br>
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              <td style="width:13.950%"><br>
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              <td style="width:0.1%"><br>
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            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
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              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
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              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
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              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,156&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,352&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,804&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,310&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,285&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(745)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(239)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(506)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(211.7)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from separate accounts</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">222&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">141&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(473)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">614&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">129.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,084&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,179&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,905&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,752&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,120&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,632&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,917&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,799&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,118&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and commission</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,351&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,083&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">268&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">851&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(643)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits and other expenses</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,228&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,853&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,375&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">856&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,326&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(470)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(35.4)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">394&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(273)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">667&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">244.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,496)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,302&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">268&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">165&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">160.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></div>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">408&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(460)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">868&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">188.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(175)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,925&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(87)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(112)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></div>
              </td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">414&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,569)</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,983&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">109.1&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="24" style="background-color:#cceeff;padding:2px 1pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;*Includes







                  premiums and annuity and supplementary contract considerations.</font>
                <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#160;&#160;&#160;**NM - Not meaningful.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;"> Six Months Ended June 30, 2023</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Compared to Six Months Ended June 30, 2022 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in capital and surplus was primarily driven by spread margin
          from Fixed-indexed annuities, impacts from positive equity markets, and a lower dividend payment to AZOA. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Individual Annuities premiums and annuity considerations increased primarily due to higher fixed-indexed annuity premium driven by the 2023 sales promotion within the Individual Annuities
          segment. The Life segment increased as a result of an increase in first year and renewal premiums on Life Pro Plus Advantage&#174; due to a growing block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income slightly increased primarily due to growth in the fixed-indexed annuity block of business, higher investments yields, and an increase in Life average invested assets. These impacts were partially offset
          by decreases in investment income on the traditional variable annuity line of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to ceded Modco activity including reserves, investment income, option values and realized gains &amp; losses, as a
          result of favorable market activity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts slightly decreased primarily due to lower separate account assets on the traditional variable annuity block of business. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 5 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income increased primarily due to changes in the effective portion of interest rate swaps that hedge cash flows for traditional variable annuities. This activity is driven by interest rates, which
          decreased slightly in 2023, compared to a significant increase in 2022. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in surrenders within both the Individual Annuity and Life segments as well as an increase in death claims
          within the Life segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased primarily in the Individual Annuities segment due to an increase in fixed reserves due to increases in premium as a result of the 2023 sales
          promotion and an increase in index crediting, partially offset by a decrease in variable annuity reserves due to positive equity market movements. Reserves also increased in the Life segment due to the establishment of a voluntary reserve,
          partially offset by a decrease in index credit levels as a result of year-over-year market movements as policies reach their anniversaries. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium from the sale of fixed-indexed annuities in
          the Individual Annuity segment. Expenses in the Life segment also increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to separate accounts are driven by new premium and offset by contractholder withdrawals, and decreased due to increased surrenders in the Individual Annuities segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: There is a federal income tax expense in 2023 and a tax benefit in 2022 due to impacts from realized and unrealized gains on derivatives hedging liabilities in the Company's Individual
          Annuity and Life segments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital losses decreased due to gains on derivatives hedging fixed-indexed annuities and life products, partially offset by losses on derivatives hedging
          variable-indexed annuities as a result of an increase in equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital gains are primarily due to gains on derivatives used to hedge product liabilities on fixed-indexed annuities in the Individual Annuities segment and the Life segment,
          partially offset by losses on derivatives hedging variable-indexed annuities in the Individual Annuities segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Dividends</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Dividends paid to parent were significantly lower in 2023, as dividends in 2022 were driven by a reinsurance transaction from Q4 2021 that allowed excess capital to be paid out.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus is negative, and is driven by amortization of gains on reinsurance transactions. This activity is capital neutral, as it is amortized into earnings
          through the Ceded reinsurance reserve and expense adjustments line item.</font></div>
      <div style="margin-top:6pt"><br>
      </div>
      <div><br>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 6 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Individual Annuities</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.642%" id="z5703674dd0274c808063dd799ad9fd5c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.164%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.994%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.586%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.994%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.586%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.994%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.586%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.996%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></div>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,282&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,587&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,695&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,053&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,047&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense adjustments</font></div>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(748)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(241)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(507)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(210.4)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from separate accounts</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">222&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></div>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(469)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">607&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">129.4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,947&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,178&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,769&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,542&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,968&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,574&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></div>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,092&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,250&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">842&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67.4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and commission</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,116&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">898&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">218&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to
                  separate accounts</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">853&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(645)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(75.6)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits and other expenses</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,958&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,969&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,989&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28.5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income</font></td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">989&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,209&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(18.2)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(249)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">705&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">283.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></div>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(230)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,260)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,030&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">198&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">53.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></div>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">292&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(341)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">633&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">185.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></div>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(98)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(105)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></div>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">497&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(248)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">745&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300.4&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="24" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">*Includes premiums and annuity and supplementary contract considerations.</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom: 13pt; margin-top: 14pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="z89fa4b3811e0476695732be589c90c15">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.078%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.760%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Individual Annuities</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deposits</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,812&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,860&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,952&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inforce</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">144,704&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">136,371&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,333&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Deposits and inforce amounts in the table above are for direct and assumed
          business. Deposits reflect amounts collected on both new and renewal business. Inforce represents account values of the annuity. In 2023, sales of our fixed-indexed annuity products were higher than the prior period due to the 2023 sales
          promotion. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 7 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Change in Key Market Factors</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our Individual Annuities segment is impacted by various market impacts and
          movements which are summarized below:</font></div>
      <div style="margin-top:5pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.916%" id="z894ec92f1ba54e7993da496daabbd8b6">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:34.766%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.352%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.559%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.352%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.559%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:22.612%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% change</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Stock Index</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">S&amp;P 500</font></div>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.91%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20.58)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.49%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NASDAQ 100</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.75%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29.51)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68.26%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI</font></div>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.06%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11.25)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.31%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI II</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.82%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9.42)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.24%</font></td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-top:5pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.363%" id="z65795da61b6543109f654fd155b3c829">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:34.603%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.264%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.556%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.264%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.556%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:22.957%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Basis&#160;point&#160;(bps)&#160;change</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Interest Rates</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Swap rate - 10 year</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.84%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.01%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83 bps</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Swap rate - 20 year</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.72%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.10%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62 bps</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> Six Months Ended June 30, 2023</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to Six Months Ended June 30, 2022</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment net increase in capital and surplus was
          primarily driven by spread margin from Fixed-indexed annuities, and impacts from positive equity markets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Premium and annuity considerations increased primarily due to higher fixed-indexed annuity premium driven by the 2023 sales promotion, partially offset by lower variable-indexed annuity sales.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income slightly increased primarily due to growth in the fixed-indexed and variable annuity blocks of business, partially offset by decreases in allocated investment income from corporate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to ceded Modco activity including reserves, investment income, option values and realized gains &amp;
          losses, as a result of favorable market activity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts slightly decreased primarily due to lower separate account assets on the traditional variable annuity block of business. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income increased primarily due to changes in the effective portion of interest rate swaps that hedge cash flows for traditional variable annuities. This activity is driven by interest rates, and rates
          decreased slightly in 2023, compared to a significant increase in 2022. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in surrenders on both the fixed and variable annuity lines of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased primarily due to an increase in fixed reserves due to increases in premium as a result of the 2023 sales promotion and an increase in index crediting due to positive equity market
          movements. This impact was partially offset by a decrease in variable annuity reserves due to positive equity market movements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commission expense as a result of higher premium from the sale of fixed-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to increased surrender benefits and withdrawals for variable annuity
          contracts.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 8 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital losses decreased due to gains on derivatives hedging fixed-indexed annuities, partially offset by losses on derivatives hedging variable-indexed annuities as a result of an increase in
          equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense increase is driven by the pre-tax items discussed above and is allocated to segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital gains are primarily due to gains on derivatives used to hedge product liabilities on fixed-indexed annuities, partially offset by losses on derivatives hedging
          variable-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus is negative, and is driven by amortization of gains on reinsurance transactions. This activity is capital neutral, as it is amortized into earnings
          through the Ceded reinsurance reserve and expense adjustments line item.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Life</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="zd3f823abcef04d89abc26b5c4210ad7b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.078%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.760%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">785&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">679&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">106&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">176&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">962&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">834&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">128&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">144&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">96&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate
                  reserves</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">709&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">447&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">262&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and commission</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">215&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">181&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits
                  and other expenses</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,068&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">724&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">344&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47.5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(106)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">110&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(216)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(196.4)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense
                  (benefit)</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(49)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(26)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(113.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(236)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">269&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">114.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 22pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income
                  (loss)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(24)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(103)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">76.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></div>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(141)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">257&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">182.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></div>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(251)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">351&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139.8&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom: 13pt; margin-top: 14pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="z046b38666249478d9e7f38750f2a0c17">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.078%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.760%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Life</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:15.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">First year and renewal premiums</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">821&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">709&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">112&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:15.75pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inforce</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87,846&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66,964&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,882&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">31.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">First year and renewal premiums and inforce amounts in the table above are
          for direct and assumed business. Inforce amounts represent life insurance inforce on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2023 and 2022 is a result of
          continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are driven by policyholder charges,
          surrenders, and claims.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 9 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> Six Months Ended June 30, 2023</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to Six Months Ended June 30, 2022</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment net change in capital and surplus increased primarily due
          to gains on derivatives backing policyholder liabilities, driven by positive equity markets. This was partially offset by an establishment of a voluntary reserve and increased surrender and death benefits.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Premiums and annuity considerations increased as a result of first year and renewal premiums on Life Pro Plus Advantage</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a growing block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net
          investment income increased primarily due to an increase in Life average invested assets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded reinsurance reserve and expense adjustments increased slightly as a result of modified coinsurance reserves on certain Life products.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in surrender and death claim activity on a growing block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased due to the establishment of voluntary reserves and new premium, partially offset by a decrease in index credits paid as a result of year-over-year market movements as policies reach
          their anniversaries.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production, as well as an increase in allocated
          expenses.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income tax expense (benefit) is driven by the pre-tax items discussed above and is allocated to segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gain increased due to gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in the first half of 2023.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in unrealized capital gains increased due to gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in the first half of 2023.</font></div>
      <div style="margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus has a limited impact on the Life segment.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 10 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Legacy</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="z1b5f0af1ecde4685bd0c47e46dcbf2bb">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.078%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.760%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">79&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">200.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">174&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.2&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">116&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and commission</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to (from) separate accounts</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits and other expenses</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">203&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">42&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26.1&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(35)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax expense (benefit)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital gain (loss)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income (loss)</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(285.7)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(40)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(133.3)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">**NM - Not meaningful</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom: 13pt; margin-top: 14pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="za58d55586d99474f956625705e144881">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.078%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.760%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Legacy Products</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:20.25pt;padding-right:2.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross premiums written</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">135&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Inforce</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,320&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,563&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(243)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gross premiums written in the table above are for direct and assumed
          business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2023 and 2022 with small movements due to
          assumed premium and policy rate increases outpacing decrements within LTC products. Inforce amounts represent gross life insurance within our Special Markets products. The continued decline in inforce volume is attributable to the Legacy segment
          being a closed block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> Six Months Ended June 30, 2023</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to Six Months Ended June 30, 2022</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy segment unfavorable change in capital and surplus was driven by
          increased third-party administration (TPA) expenses, increased premium deficiency reserves and higher policyholder benefits and surrenders expenses. This was partially offset by income tax benefits and an increase in investment income. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Premium increased driven by assumed premium and policy rate increases outpacing decrements within LTC products.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 11 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased driven by growth in LTC reserves on the aging block of business and higher allocated yields.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves increased driven by an increase in premium deficiency reserves.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Expenses increased primarily due to an increase in TPA administrative expenses on LTC.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax (benefit) expense: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income tax (benefit) expense </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">is driven by the pre-tax items discussed above
          and is allocated to segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify;text-indent:18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital losses: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in unrealized capital gain (loss) increased driven </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">by immaterial gains on credit default swaps in 2023, compared to gains in 2022. </font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Dividends</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.732%" id="zc966f0214eac43a1a01ec141a4dfb611">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:32.730%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.820%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.820%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.960%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.820%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.824%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Six months ended June 30,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023 - 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,100&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,925)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">95.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We are required to meet minimum statutory capital and surplus requirements.
          Our statutory capital and surplus as of June 30, 2023 and 2022, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of
          the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
          annual statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations
          before net realized capital gain of the insurer for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Commissioner of
          Commerce.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Financial Condition</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%;">Investment Strategy</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our investment strategy focuses on
          diversification by asset class. We seek to achieve economic diversification, while limiting overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio
          diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in
          estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return
          preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with
          contractholder liability cash flows and duration. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 12 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents the investment portfolio at June 30, 2023 and
          December&#160;31, 2022:</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.255%" id="z133b1c2af3e047ce8748e880cfc5cc74">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.831%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.892%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.742%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.892%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.896%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91,496&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75.5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in
                  subsidiaries</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,485&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,442&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans on real
                  estate</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,067&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,895&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy loans</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">396&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative assets</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other invested assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,715&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,504&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash
                  and invested assets</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,210&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%;">Bonds</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Refer to Note 3 of the June 30, 2023 unaudited Statutory Financial
          Statements for information regarding the nature of our portfolio of bonds. The tables below presents the NAIC rating for the Company's bond portfolio at June 30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="ze7c737ffcb0e4fd6829b3eec5034a9a9">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.052%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.804%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,983&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,237&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,958&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,384&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  grade</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,941&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,621&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,323&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,446&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">288&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">321&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                  investment grade</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,704&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,875&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.0&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,645&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91,496&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="zc257175eaac5443db2eebe0e385c66fb">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.052%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.804%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,251&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,893&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,223&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  grade</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76,474&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87,144&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,484&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,648&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.8&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">234&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">264&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                  investment grade</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,795&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78,269&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%;">Sub-prime and Alt-A Mortgage Exposure</font></div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the high
          quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by residential
          mortgage collateral which is not clearly identifiable as prime or sub-prime.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 13 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commercial Mortgage-backed, Asset-backed, and
          Residential Mortgage-backed Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Commercial mortgage-backed securities (CMBS) represent pools of commercial
          mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC class and vintage year as of June 30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="zd49e85a6aeda4c26a484e23c170fdcbc">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,645&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">562&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">214&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,854&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,648&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,648&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z31a1a62966d54c17b62cd8fee21d5809">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,093&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">557&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">955&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,365&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,096&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,096&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Asset backed security (ABS) holdings consist primarily of aircraft leases,
          credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or other limits. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to other ABS holdings by NAIC
          class and vintage year as of June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z48096ada09684058ab84a948bfa79574">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,439&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,600&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,005&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,817&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">123&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,667&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">660&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,990&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,734&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,734&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-top: 5pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="zdc3d24a0f45343ecab47c7ac1cba8121">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,556&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,782&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,476&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">593&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">519&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,489&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,859&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,859&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of residential
          mortgage loans made to non-prime borrowers, diversified across geographies.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 14 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to NA RMBS holdings by NAIC
          class and vintage year as of June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z17a16b79223847c78e17dfa2b047128f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">177&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">177&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">177&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="ze2d4933d54134c43aa1c83aac98ff8e5">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized investment losses on bonds, for investment grade (NAIC classes 1-2) and below investment grade (NAIC classes 3-6) securities
          by duration are as follows at June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.214%" id="zfc744a8b3eea4791b7ad83a09d5b0c52">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:45.112%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.783%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 4.37pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of
                  Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below Investment
                  Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of
                  Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve
                  months or less below carrying value</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">915&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than
                  twelve months below carrying value</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">169&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,166&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.2&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">182&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.8&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.214%" id="zcd04659f663a4a3cb052581234f4ac04">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:45.112%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.778%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.557%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.783%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below Investment
                  Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve
                  months or less below carrying value</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,543&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than
                  twelve months below carrying value</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,548&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,091&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.1&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">216&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
        <font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements for additional disclosures in regards to unrealized investment
          losses on bonds. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other-than-temporary impairments, by market sector, for impairments
          included in the Statutory Statements of Operations, were as follows at June&#160;30, 2023 and 2022:</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="zf0a27e7c1d95424195bb7d011f629402">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.138%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.784%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                  Securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                  Securities</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign governments</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate securities</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Partnerships</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial Mortgage
                  Loans</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Refer to Note 4 of the June 30, 2023 unaudited Statutory Financial
          Statements for information regarding the fair value and fair value hierarchy level of our financial instruments. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 15 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Mortgage Loans on Real Estate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements
          and Schedules for information regarding Mortgage Loans on Real Estate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
          measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the most
          recently received financial statements from the debtor, is calculated as the amount of the property&#8217;s net income divided by the debt service payments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements
          for additional information relating to LTV and DSC ratios.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing mortgage loans are geographically dispersed
          throughout the United States as follows at June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z83f5b9e8b1f148c99aaff71040d26392">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.251%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.161%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.846%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.161%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.849%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial mortgage
                  loans by region</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East North
                  Central</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,417&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,429&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East South
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">519&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">448&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Middle
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,323&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,303&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mountain</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,818&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New England</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">606&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">576&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pacific</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,422&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,439&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">South
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,594&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,574&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West North
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,027&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">984&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West South
                  Central</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,461&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,457&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  commercial mortgage loans</font></td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,187&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="za95c5352624848349b22ac1c59d66117">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.251%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.161%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.846%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.161%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.849%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential mortgage
                  loans by region</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East North
                  Central</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East South
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Middle
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">436&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">440&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mountain</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">172&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New England</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pacific</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">591&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">587&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">South
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">278&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">269&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West North
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West South
                  Central</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  residential mortgage loans</font></td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,880&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing commercial mortgage loans are diversified by
          property type are as follows June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div style="margin-bottom: 13pt; margin-top: 14pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="z14fe7663bfca44cd9b8411ac43241bf0">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.885%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.213%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.974%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.213%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.977%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Mortgage loans by
                  property type</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,141&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,018&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,461&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,480&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,706&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,748&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Apartments</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,879&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,609&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,187&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 16 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Liquidity and Capital Resources</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s liquidity requirements are generally met through funds
          provided by investment income, receipt of insurance premiums, M&amp;E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has access to funding through securities lending under which
          the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is also a member of the Federal Home Loan Bank (FHLB) of Des
          Moines, which provides access to collateralized borrowings.&#160; Funding from the FHLB of Des Moines is collateralized with bonds from the Company&#8217;s general account investment portfolio.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance may play a key role in funding the Company&#8217;s continued growth,
          and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future profitability
          takes precedence over retaining a large percentage of risk.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not utilize the capital markets as a source of capital.
          Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department, as appropriate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary uses of funds are policy benefits, commissions, other
          product-related acquisition costs, investment purchases, operating expenses, and dividends to parent. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Financial Ratings and Strength</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.85pt;">Standard &amp; Poor&#8217;s&#160;&#160;&#160;&#160;AA (Very Strong)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Moody&#8217;s&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A1 (Good)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">AM Best&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A+ (Superior)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Financial strength ratings are based upon an independent review of the
          Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its final rating.
          Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Cash Flows</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth information from our Statutory Statements
          of Cash Flows for the six months ended June 30, 2023, and 2022:</font></div>
      <div style="margin-bottom: 13pt; margin-top: 11pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:97.321%" id="z91582af59079491e990c71ff838ed9f8">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.297%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.318%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.321%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by
                  operating activities</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,333&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,105&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash (used in) investing activities</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,762)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(568)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by
                  (used in) financing and miscellaneous activities</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,776)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in cash, cash equivalents, and short-term investments</font></div>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">663&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,239)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We have the funds necessary to meet the capital requirements of all states
          in which we do business and to support our operations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash provided by operating activities in 2023 as
          compared to 2022 is primarily due to an increase in premiums driven by fixed-indexed annuity line of business as a result of the 2023 sales promotion. This impact was partially offset by an increase in commissions and expenses and surrender
          payments. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash used in investing activities in 2023 as compared
          to 2022 is driven by higher net bonds purchased, partially offset by a increase in net derivative cashflows and a decrease in net mortgage loans purchased.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 17 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash provided from financing and miscellaneous
          activities is primarily driven by a decrease in dividends paid to our parent and an increase in FHLB borrowings in 2023. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Risk-Based Capital</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company's Risk Based Capital (RBC) ratio significantly exceeds required
          minimum thresholds as of June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commitments &amp; Contingencies</font></div>
      <div><br>
      </div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has guarantees to provide for the maintenance of certain subsidiary&#8217;s regulatory capital and
          surplus levels and</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">has limited partnerships and private placement investments that require a commitment of capital. See Note 8 of the June 30, 2023
          unaudited</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements for information regarding commitments and contingencies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has contractual obligations in the form of Policyholder
          liabilities, and has mortgage notes payable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Off-Balance Sheet Arrangements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have any off-balance sheet transactions, arrangements
          or other relationships that management believes would be reasonably likely to have a material effect on the Company&#8217;s liquidity or capital position.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes derivatives for which the Company is either required
          to settle variation margin or post collateral; see Note 3 in the June 30, 2023 unaudited Statutory Financial Statements for additional information regarding derivative collateral management.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Item&#160;11(j).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Quantitative and Qualitative Disclosures about Market Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Market risk is the risk of the loss of fair value resulting from adverse
          changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Sensitivity Analysis</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To assess the impact of changes in interest rate and equity markets, we
          perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices constant.
          To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity
          prices by a hypothetical 15%.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Risk</font></div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to interest rate changes is to measure the potential change in statutory
          value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates would cause our post-tax income to
          increase by $1 as of June&#160;30, 2023.</font></div>
      <div style="text-align:justify"><br>
      </div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We also examined the impact on post-tax income due to a hypothetical decrease in interest rates of 50 bps
          across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to decrease by $24 as of June&#160;30, 2023. Note that the impacts referenced reflect reserve changes net
          of economic hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in</font></div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">reserve calculations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Equity Market Risk</font></div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to changes in equity market prices is to estimate the potential changes in
          post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income to decrease by $343, while an
          increase in equity market prices would cause our post-tax income to increase by $300, based on our equity exposure as of June&#160;30, 2023. Note that the impacts referenced reflect reserve changes net of economic hedge impact and does not include
          economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
      <div style="margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 3pt;"><br>
          </div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)</font></div>
          <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Page 18 of 18</font></div>
          <div><br>
          </div>
        </div>
      </div>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt"><br>
      </div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="margin-top:6pt"><br>
      </div>
      <div style="margin-top: 237pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
      <div style="margin-top: 12pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:144%">Statutory Financial Statements (unaudited)</font></div>
      <div style="margin-top: 12pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:144%">For the interim period ended June&#160;30, 2023 </font></div>
      <div style="margin-bottom: 6pt; margin-top: 12pt;"><br>
      </div>
      <div style="margin-top:6pt;text-align:justify"><br>
      </div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">June&#160;30, 2023 and December&#160;31, 2022</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data)</font></div>
        <div><br>
        </div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom: 13pt;"><br>
      </div>
      <div style="margin-top:5pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z30aab6fbd83e4a9ab8d45082e740cf97">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:57.767%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:4.414%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Admitted Assets</font></td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and
                  invested assets:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91,496&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  in subsidiaries</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,485&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,442&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,067&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real
                  estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash
                  equivalents and short-term investments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,895&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy
                  loans</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">396&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,715&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,504&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash
                  and invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,210&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  income due and accrued</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,353&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,273&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current
                  federal and foreign income tax recoverable</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">319&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">270&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred
                  tax asset, net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">621&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">379&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,185&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,035&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Admitted
                  assets, exclusive of separate account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124,688&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">118,621&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  admitted assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">174,864&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:9pt"><br>
      </div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 1 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">June&#160;30, 2023 and December&#160;31, 2022</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data)</font></div>
        <div><br>
        </div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom: 13pt;"><br>
      </div>
      <div style="margin-top:5pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z34b8398200f64e26845e57ee5341fcaa">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:62.536%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities and
                  Capital and Surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder







                  liabilities:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  policies and annuity contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101,012&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98,386&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health policies</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,554&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,440&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,039&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  policy and contract claims</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health policy and contract claims</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  policyholder funds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">255&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  policyholder liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,893&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,229&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest
                  maintenance reserve</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">172&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General
                  expenses due and accrued</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">196&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due from
                  separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,213)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(751)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current
                  income taxes payable</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Borrowed
                  money</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,017&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,010&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asset
                  valuation reserve</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,379&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,266&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">747&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,896&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,135&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Liabilities,







                  exclusive of separate account liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117,759&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,106&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">167,935&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,608&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and
                  surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A,
                  Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $2 and $10 at June 30, 2023 and December 31, 2022, respectively</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A,
                  Series B preferred stock, $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $3 and $12 at June 30, 2023 and December 31, 2022, respectively</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stock,
                  $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at June 30, 2023 and December 31, 2022, respectively</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional
                  paid-in capital</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Special
                  surplus funds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(165)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(301)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unassigned
                  surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,379&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,101&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  capital and surplus</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,929&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities and capital and surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">174,864&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See
                  accompanying notes to unaudited statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 2 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Statutory Statements of Operations (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Six months ended June&#160;30, 2023 and 2022</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions)</font></div>
      </div>
      <div style="margin-bottom: 13pt;"><br>
      </div>
      <div style="margin-top:5pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z7b57c49cefca4ddb9c74fa09286d4fd0">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:62.536%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums and annuity considerations</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,083&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,280&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Consideration







                  for supplementary contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment income</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,310&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,285&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions







                  and expense allowances on reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">393&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">333&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve adjustments related to
                  reinsurance ceded</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,138)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(572)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">222&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">254&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">141&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(473)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,084&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,179&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Benefits and other expenses:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder







                  benefits</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">957&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">925&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Surrenders</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,795&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,195&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  aggregate reserves and deposit funds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,917&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,799&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions and other agent
                  compensation</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">947&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">768&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General
                  and administrative expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">404&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">315&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">851&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,228&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,853&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from
                  operations before federal income taxes and net realized capital gain</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">856&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,326&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax
                  expense (benefit)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">394&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(273)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income
                  from operations before net realized capital loss</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">462&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,599&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized
                  capital loss, net of taxes and interest maintenance reserve</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(194)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,496)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">268&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying notes to unaudited
                  statutory financial statements.</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:9pt"><br>
      </div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 3 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Statutory Statements of Capital and Surplus (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Six months ended June&#160;30, 2023 and 2022</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions)</font></div>
        <div><br>
        </div>
        <div><br>
        </div>
      </div>
      <div style="margin-bottom: 13pt;"><br>
      </div>
      <div style="margin-top:5pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z1cc6cfcf5e0c4a9eb17b408ee1e001ba">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:57.767%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:4.414%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and
                  surplus at beginning of year</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">268&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  unrealized capital gain (loss)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">408&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(460)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  net deferred income tax</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">191&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(45)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  asset valuation reserve</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(113)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends
                  paid to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(175)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  unamortized gain on reinsurance transactions</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(154)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(95)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  changes in capital and surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and
                  surplus at June 30</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,929&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,136&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See
                  accompanying notes to unaudited statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:9pt"><br>
      </div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 4 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Statutory Statements of Cash Flow (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Six months ended June&#160;30, 2023 and 2022</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z5e8c360a639d42ffaa76da14f17bcb26">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:62.536%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow
                  from operating activities:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premiums and
                  annuity considerations, net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,238&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,349&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment
                  income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,278&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,131&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions
                  and expense allowances on reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">238&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">175&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">222&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">254&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">103&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                  provided by operating activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,976&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,012&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefits
                  and expenses paid:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefit and
                  loss-related payments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,092&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,693&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers
                  to separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">670&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">459&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions,
                  expenses paid, and aggregate write-ins for deductions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,462&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,131&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax
                  paid, net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">624&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash used
                  in operating activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,643&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,907&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                  provided by operating activities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,333&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,105&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow
                  from investing activities:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds
                  from investments sold, matured or repaid:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,658&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,351&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">54&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage loans</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">344&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">750&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other invested
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">33&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous
                  proceeds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">569&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,589&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash
                  provided by investing activities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,783&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,781&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of
                  investments acquired:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,080&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,386&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">180&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">76&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage loans</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">679&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,656&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other invested
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">226&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">165&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,811&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous
                  applications</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">287&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash used
                  in investing activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,458&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,334&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net increase
                  in policy loans and premium notes</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">87&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                  used in investing activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,762)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(568)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow
                  from financing and miscellaneous activities:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  borrowed money</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,000&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">300&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments on
                  deposit-type contracts and other insurance liabilities, net of deposits</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(619)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(679)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends
                  paid to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(175)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other cash
                  used</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(297)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                  provided by (used in) financing and miscellaneous activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,776)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change
                  in cash, cash equivalents, and short-term investments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">663&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,239)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash
                  equivalents, and short-term investments:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning
                  of year</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,215&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Balance at
                  June 30</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,895&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">976&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">See
                  accompanying notes to unaudited statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 5 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(1)&#160;&#160;&#160;&#160;Organization and Nature of Operations</font></div>
      <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life Insurance Company of North America (the
          Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European
          company registered in Munich, Germany, and is the Company&#8217;s ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a captive reinsurer,
          Allianz Life Insurance Company of Missouri (AZMO). </font></div>
      <div style="padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a life insurance company licensed to sell annuity, group and individual
          life, and group and individual accident and health policies in the United States, Canada, and several U.S.&#160;territories. Based on statutory net premium written, the Company's business is predominately annuity. The annuity business consists of
          fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits and consists principally of fixed-indexed
          universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of long-term care (LTC) insurance. The Company&#8217;s
          primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations. </font></div>
      <div><br>
      </div>
      <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">After evaluating the Company&#8217;s ability to continue as a
          going concern, management is not aware of any conditions or events which raise substantial doubt concerning the Company&#8217;s ability to continue as a going concern as of the date of filing these Statutory Financial Statements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(2)&#160;&#160;&#160;&#160;Summary of Significant Accounting Policies</font></div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(a)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">Basis of Presentation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following interim disclosures may exclude, or include
          condensed versions of certain disclosures required in the Annual Statutory Financial Statements. The intent of these disclosures is to present financial statement users with key information and significant changes since December&#160;31, 2022. The
          information contained herein should be read in conjunction with the December&#160;31, 2022 audited Statutory Financial Statements of the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been prepared in
          accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
          reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Practices and Procedures Manual</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC
          SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial
          Statements. The more significant of these differences are as follows:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Acquisition costs, such as
          commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance
          contracts are capitalized and charged to operations on a straight-line basis over the expected term of the related contracts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(2)&#160;&#160;&#160;&#160;Aggregate reserves for life
          policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 6 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(3)&#160;&#160;&#160;&#160;Certain reinsurance
          transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(4)&#160;&#160;&#160;&#160;Ceded reinsurance recoverable
          are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S.
          GAAP, these ceded reserves are presented on a gross basis as an asset.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(5)&#160;&#160;&#160;&#160;The Company reinsures a portion
          of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income as future
          earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing period of the
          policies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(6)&#160;&#160;&#160;&#160;Bonds are carried at values
          prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as &#8220;available-for-sale&#8221; are carried at fair value,
          with unrealized gains and losses recorded in stockholder&#8217;s equity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (7)&#160;&#160;&#160;&#160;Changes in deferred income
          taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are generally recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred
          tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(8)&#160;&#160;&#160;&#160;Investments in subsidiaries are
          carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under U.S. GAAP, wholly owned
          subsidiary results are consolidated.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(9)&#160;&#160;&#160;&#160;The Company is required to
          establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded
          as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses, net of tax, resulting from changes in the level of prevailing market interest rates and amortize them into income within the
          Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(10)&#160;&#160;&#160;&#160;Canadian asset and liability
          amounts are expressed in Canadian dollars without foreign exchange translation into U.S.&#160;dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
          with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S.&#160;dollars, with any translation adjustment recorded to
          stockholder&#8217;s equity.</font></div>
      <div style="padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(11)&#160;&#160;&#160;&#160;Certain assets designated as &#8220;nonadmitted assets&#8221; are not
          recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and affiliated (SCA) entities, electronic
          data</font></div>
      <div style="margin-bottom:4pt;padding-left:81pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">processing software, portions of goodwill, furniture and fixtures,
          prepaid expenses, receivables outstanding greater than 90&#160;days, and portions of DTAs. There is no such concept under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(12)&#160;&#160;&#160;&#160;A provision is made for amounts
          ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S.
          GAAP.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 7 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
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        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(13)&#160;&#160;&#160;&#160;Revenues for universal life
          policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy
          administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(14)&#160;&#160;&#160;&#160;Benefits for universal life
          policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in
          excess of the policyholder&#8217;s contract balance.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(15)&#160;&#160;&#160;&#160;Derivatives are reported at
          fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair value of
          derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus. For derivatives
          reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus,
          for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value of derivatives are recorded
          in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(16)&#160;&#160;&#160;&#160;Commissions allowed by
          reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
          recoverable.&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(17)&#160;&#160;&#160;&#160;The Statutory Financial
          Statements do not include a statement of comprehensive income as required under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(18)&#160;&#160;&#160;&#160;The Statutory Statements of
          Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(19)&#160;&#160;&#160;&#160;The calculation of reserves and
          transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(20)&#160;&#160;&#160;&#160;Sales inducements and premium
          bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and
          premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations in a manner similar to acquisition costs. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(21)&#160;&#160;&#160;&#160;Negative cash balances are
          presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(22)&#160;&#160;&#160;&#160;Embedded derivatives are not
          separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(23)&#160;&#160;&#160;&#160;For certain annuity products
          with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and liabilities are
          required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 8 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Use of Estimates</font></div>
      <div style="margin-bottom:4pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements in conformity with
          NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of June&#160;30, 2023 and December&#160;31,
          2022, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
          estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(c)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">Recently Issued Accounting Standards
          &#8211; Adopted in 2023</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Not applicable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(d) &#160;&#160;&#160;&#160;Recently Issued Accounting Standards &#8211; Adopted
          in 2022</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Not applicable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(e) &#160;&#160;&#160;&#160;Aggregate Reserves for Life
          Policies and Annuity Contracts</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserves are principally calculated as the minimum reserves permitted by the state where
          the contract is issued</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">for the year in which the contract is issued.</font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Aggregate reserves for life insurance policies are principally calculated using the
          Commissioners Reserve Valuation Method (CRVM) or VM-20, Requirements for Principle-Based Reserves for Life Products, depending on the policy's issue date. Additional reserves are held for supplemental benefits and for contracts with secondary
          guarantees, consistent with prescribed regulations and actuarial guidelines. </font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory capital volatility arises on the Fixed Indexed Universal Life (FIUL) product due
          to a timing mismatch between when changes in the Company's derivative instruments and the hedged FIUL statutory reserve are recognized in income. To reduce the Company's capital sensitivity, a voluntary reserve, which accounts for policyholder
          index credits that are not included in minimum reserves minus expected investment income before credits are paid (floored at zero), is recorded to negate the mismatch in timing. The Company began recording this reserve in 2023, and the balance
          was $260 as of June&#160;30, 2023. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(f) &#160;&#160;&#160;&#160;Corrections of Errors</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During 2023, an error was identified related to the
          consistency of presenting internal exchanges between lines of business. These internal exchanges represent 1035 exchanges initiated by the policyholder to transition from an existing annuity contract to a new annuity contract. On the Fixed
          Annuity line of business, the transaction is accounted for as a surrender within Surrenders on the Statement of Operations, and a subsequent application of premium on the new contract within Premiums and annuity considerations on the Statement of
          Operations. This methodology was not consistently applied to the Variable Annuity line of business, as the transaction was recorded net, with no financial statement impact. This error resulted in an equal and offsetting understatement of Premium
          and annuity consideration and Surrenders within the Statement of Operations for periods ended prior to January 1, 2023. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Beginning January 1, 2023, the Company began recording
          the Variable Annuity transactions similarly to Fixed Annuities. There was no impact recorded as a correction of an error in the Statements of Capital and Surplus as surplus was correct as of December 31, 2022. The comparative period for the six
          months ended June 30, 2022 was not restated due to the immateriality of the adjustment.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 9 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(3)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Investments</font></div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Bonds, Other Assets Receiving Bond Treatment, and Stocks</font></div>
      <div style="margin-bottom:13pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At June&#160;30, 2023 and December&#160;31, 2022, the amortized cost, gross
          unrealized gains, gross unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.777%" id="zf288001db6ab4331bf2bedc4d7b359bf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:39.168%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.001%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,188&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">506&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,684&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,287&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">435&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,948&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign
                  governments</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,292&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">325&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,973&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73,248&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">345&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,437&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65,156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,808&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,205&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized







                  debt obligations</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  bonds</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92,837&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">497&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,348&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,986&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">322&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">330&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,159&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">514&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,357&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83,316&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.777%" id="z97b24482a3d94214a6154f5fae956c2c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:39.168%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.993%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.001%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,492&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">535&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,959&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:11.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,768&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,244&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign
                  governments</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,949&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">336&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,615&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69,765&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">315&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,191&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60,889&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,287&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,671&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized







                  debt obligations</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  bonds</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,275&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">432&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,307&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,400&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">260&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,535&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">440&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,324&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,651&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At June&#160;30, 2023 and December&#160;31, 2022, amortized cost
          differed from the carrying value of bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rated bonds where the market value was lower than amortized cost. The total unrealized losses recorded by
          the Company for these bonds was $1 as of June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had NAIC-6 rated bonds with a statement value
          of $3 and $2 as of June&#160;30, 2023 and December&#160;31, 2022. There was no interest due on bonds in default that was excluded from investment income due and accrued as of June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had no hybrid securities as of June&#160;30, 2023
          and December&#160;31, 2022.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 10 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022, investments
          with a statement value of $21 and $32, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amortized cost and fair value of bonds and other
          assets receiving bond treatment reported in the statutory Annual Statement schedule D Part 1A at June&#160;30, 2023, by contractual maturity, are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="zc3959f3b5a6c4827be3e8317dddc3a30">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying<br>
                  value</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due in 1
                  year or less</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,325&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,314&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 1 year through 5 years</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,969&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,541&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 5
                  years through 10 years</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,613&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,749&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 10 years through 20 years</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,574&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,433&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after
                  20 years</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,907&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,265&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">No maturity date</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,630&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,461&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed







                  and other structured securities</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,819&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,223&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total bonds and other assets
                  receiving bond treatment</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92,837&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,986&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Expected maturities will differ from contractual
          maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of bonds includes sales, maturities,
          paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the six months ended June 30 are shown below: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z38833767e3f144adba2e5a50313af14c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds
                  from sales</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,658&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,351&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">167&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross
                  losses</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">198&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of common stocks for the six months
          ended June 30 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z875a088a2cde4047b5296674d908722b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds
                  from sales</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross
                  losses</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the six months ended June&#160;30, 2023 and 2022, there
          were 34 and 196 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $0 and $82 for the six months ended June&#160;30,
          2023 and 2022, respectively.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 11 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s bond portfolio includes mortgage-backed
          securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Unrealized Investment Losses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To determine whether or not declines in fair value are
          other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources.</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized losses and the related fair value of
          investments held by the Company as of June&#160;30, 2023 and December&#160;31, 2022 are shown below: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.055%" id="z9eecc1de838c4c42a4226d4451b9a1b6">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:29.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.602%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.602%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.602%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.602%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.602%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.605%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S. government</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,215&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">77&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,371&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">429&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,586&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">506&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">
                <div style="padding-left:6pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
                <div style="padding-left:6pt"><br>
                </div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign
                  government</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">486&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,280&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">307&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,766&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">325&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,865&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,534&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">353&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,399&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">435&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15,662&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">727&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,051&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,710&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55,713&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,437&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">377&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,587&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">621&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,964&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,605&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">928&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,825&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,420&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70,430&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,348&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">62&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  temporarily impaired securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,609&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">928&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,883&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,429&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">70,492&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,357&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.611%" id="z39d3fa15cc1e42dd826536453d56285c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:30.129%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.531%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.531%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.531%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.531%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.531%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.536%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S. government</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,023&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">319&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">744&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">216&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,767&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">535&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">
                <div style="padding-left:6pt;text-indent:-0.01pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
                <div style="padding-left:6pt;text-indent:-0.01pt"><br>
                </div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign
                  government</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,105&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">202&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">423&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">134&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,528&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">336&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,770&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,819&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">600&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,456&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,027&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,507&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,164&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53,963&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,191&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,912&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">524&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">512&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">121&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,424&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total bonds</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">60,268&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,646&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,235&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,661&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69,503&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,307&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">107&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  temporarily impaired securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">60,353&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,657&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,257&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,667&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69,610&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,324&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022 the number of
          investment holdings that were in an unrealized loss position was 5,962 and 5,895, respectively, for bonds, and 25 and 30, respectively, for common stocks.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022, of the total
          amount of unrealized losses, $10,167, or 98.2%, and $11,091, or 97.9%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized
          losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be received
          and does not consider these investments to be other-than-temporarily impaired. </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 12 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Realized Investment Gains (Losses)</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains (losses) for the six months
          ended June 30 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="zdd2bbe6033e045d1ab6ad835e33d532d">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(122)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(113)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage
                  Loans</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(251)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,442)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">64&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  realized capital gains (losses)</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(308)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,595)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax benefit (expense) on net
                  realized gains (losses)</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  realized capital gains (losses), net of taxes</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(290)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,577)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net gains transferred to IMR, net of
                  taxes</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(96)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(81)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  realized gains (losses), net of taxes and IMR</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(194)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,496)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Net Investment Income</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Major categories of net investment income for the six
          months ended June 30 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z983d50989bd74229aed1a45bf675f447">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds, unaffiliated</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,969&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,907&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds,
                  affiliated</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans on real estate</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">365&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">345&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy
                  loans</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents, and
                  short-term investments</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  in subsidiaries</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental income on real estate</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross
                  investment income</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,449&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,316&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment expenses</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(156)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  investment income before amortization of IMR</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,293&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,263&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization of IMR</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  investment income</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,310&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,285&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 13 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Mortgage Loans on Real Estate</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company's investment in mortgage loans on real
          estate includes commercial mortgage loans (CMLs) and residential mortgage loans (RMLs) as of June&#160;30, 2023 and December&#160;31, 2022. </font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At June&#160;30, 2023 and December&#160;31, 2022, the Company's
          CML portfolio includes concentrations exceeding 10% for the following states:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.333%" id="z2ae017e256cc41df89a8712f58e0cb12">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.235%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,535&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,545&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.4&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for CMLs made during the six
          months ended June&#160;30, 2023 and the year ended December&#160;31, 2022 were 8.9% and 6.6%, respectively. The minimum lending rates for CMLs made during the six months ended June&#160;30, 2023 and the year ended December&#160;31, 2022 were 3.9% and 2.8%,
          respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed or purchased money mortgages for CMLs was 86.4% and 76.5% during the six months ended June&#160;30, 2023
          and the year ended December&#160;31, 2022, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At June&#160;30, 2023 and December&#160;31, 2022, the Company's RML
          portfolio includes concentrations exceeding 10% for the following states:</font></div>
      <div style="padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.333%" id="zd2a54681127348ccb73a1446f5649105">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.235%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">546&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.1&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">546&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.2&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New York</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for RMLs made during the six
          months ended June&#160;30, 2023 and the year ended December&#160;31, 2022 were 14.0% and 12.0% respectively. The minimum lending rates for RMLs made during the six months ended June&#160;30, 2023 and the year ended December&#160;31, 2022 were 4.6% and 2.8%
          respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed or purchased money mortgages for RMLs was 156.6% and 160.9% during the six months ended June&#160;30, 2023
          and the year ended December&#160;31, 2022, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022, there were no
          taxes, assessments, or amounts advanced that were excluded from the mortgage loan investment total. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1) Age Analysis of
          Mortgage Loans</font></div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents an age analysis of the Company's mortgage loan investments as of June&#160;30, 2023
          and December&#160;31, 2022 by type:</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.055%" id="zb18e2fcf7bc249c8af0c76934774e515">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:38.532%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.782%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.782%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.782%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.786%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,818&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,119&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,799&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30-59 Days Past Due</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60-89 Days Past Due</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90-179 Days Past Due</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180+ Days Past Due</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,880&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,187&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 14 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loan investments greater than 90
          days past due and still accruing interest as of June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loan investments for which interest was reduced as of
          June&#160;30, 2023 and December&#160;31, 2022. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022 there were no
          RMLs in which the Company participated as a co-lender in a mortgage loan agreement. As of June&#160;30, 2023 and December&#160;31, 2022, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan
          agreement was $2,672 and $2,505, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Impaired
          Mortgage Loans</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the six months ended June&#160;30, 2023 and the year ended
          December&#160;31, 2022, the recorded investment in impaired CMLs was $68, and $69, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the six months ended June&#160;30, 2023 and the year ended
          December&#160;31, 2022. There was no related allowance for credit losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status.
          There was no recorded investment in impaired RMLs for the six months ended June&#160;30, 2023 and the year ended December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There was $1 and $5 of interest income recognized on
          impaired mortgage loans for the six months ended June&#160;30, 2023 and the year ended December&#160;31, 2022, respectively. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were $1 of mortgage loans derecognized as a result
          of foreclosure as of June&#160;30, 2023. There were no mortgage loans derecognized as of December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(3)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Credit






          Quality Indicators</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company analyzes certain financing receivables for credit risk by using specific
          credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The loan-to-value ratio is based on the
          Company&#8217;s internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio analysis is normalized to reflect a
          25&#160;year amortization schedule.</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The credit quality for CMLs as of June&#160;30, 2023 and
          December&#160;31, 2022, respectively, is shown below:</font></div>
      <div style="margin-bottom:9pt;margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.055%" id="z8f27969e97e74889ba6d7213ebe7ab82">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.806%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.111%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less than 50%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,382&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">197&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">365&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">362&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,306&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50% &#8211; 60%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,919&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">927&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">411&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">211&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,468&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60% &#8211; 70%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,408&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">221&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,110&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">70% &#8211; 80%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">92&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">276&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">80% &#8211; 90%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">90% &#8211; 100%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Greater than
                  100%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,801&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,543&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,158&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">685&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,187&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
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      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 15 of 35</font></div>
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        <div style="margin-bottom: 3pt;"><br>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.055%" id="z89ec915e6ab842c4a45cb581767ce0a8">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.806%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.111%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Less than 50%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,784&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">376&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,918&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50% &#8211; 60%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,298&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">896&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">950&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,346&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60% &#8211; 70%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,201&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">571&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">223&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">464&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,459&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">70% &#8211; 80%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">80% &#8211; 90%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">90% &#8211; 100%</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Greater than
                  100%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,373&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,577&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">801&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,104&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has determined the delinquency status and the loan-to-value ratio are the most
          reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the
          characteristics of the property being evaluated.</font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The loan-to-value ratios of RMLs as of June&#160;30, 2023 and December&#160;31, 2022 are shown below:</font></div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.638%" id="z766837fb5f17405eb5e72e686c9123c6">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.916%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.895%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below 70%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">631&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">604&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70% to 79%</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1027</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54.6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1043</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80% to 89%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90% to 95%</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Above 95%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,880&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Loan-Backed Securities</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">SSAP No.&#160;43R requires the bifurcation of impairment losses on loan-backed or structured
          securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis of the security. The interest
          portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company recognized other-than-temporary impairments
          (OTTI) on loan-backed securities for the six months ended June 30, 2023 and 2022 as follows:</font></div>
      <div style="padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.333%" id="z20162d59d6614a999fe1b4b0281ff04b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.466%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.407%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">OTTI Recognized in Loss</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">OTTI Recognized in Loss</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost Basis Before OTTI</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Noninterest</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost Basis Before OTTI</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Noninterest</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">OTTI Recognized:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Intent to sell</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">45&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">36</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Derivatives and Hedging Instruments </font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses exchange-traded and OTC derivative instruments as a risk management
          strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 16 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">liabilities that do not qualify for hedge accounting treatment are recorded at fair value
          in the Statutory Financial Statements using valuation techniques further discussed in Note 4.</font></div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have derivative contracts with financing premium as of June&#160;30, 2023
          and December&#160;31, 2022</font></div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Derivatives held by the Company are designated as either a fair value hedging instrument
          (fair value hedge), a cash flow hedging instrument (cash flow hedge), or a nonqualified hedging instrument (nonqualifying strategies).</font></div>
      <div style="margin-bottom:3pt;margin-top:6pt;padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1) Cash Flow Hedges</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:40.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Foreign Currency Swaps on Debt Securities</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Foreign currency swaps have notional amounts and maturity dates equal and offsetting to
          the underlying debt securities and are determined to be highly effective as of June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Fair Value Hedges</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps on Variable Annuity Insurance Liabilities</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">IRS traded after June 2013 are centrally cleared through an exchange. For IRS traded prior
          to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair values of the collateral posted for OTC and
          exchange traded derivatives are discussed in the derivative collateral management section below. </font></div>
      <div style="padding-left:45pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to January 1, 2020, the Company designated hedge accounting for these IRS as a cash
          flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1, 2020, the Company de-designated its previous
          hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at June&#160;30, 2023 and December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">&#160;&#160;&#160;&#160;(3) Nonqualifying Strategies</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Futures and Options Contracts</font></div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">OTC options and ETO are cleared through the Options Clearing Corporation, which operates
          under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are discussed in the derivative collateral
          management section below.</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company can receive the fixed or variable rate; IRS are traded in varying maturities.
          The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below. </font></div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Credit Default Swaps </font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The CDS within the investment portfolios assume credit risk from a single entity or
          referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit events include bankruptcy of the reference and
          failure to pay by the reference. As the potential future exposure (PFE) is not determinable, the PFE is zero for the following reasons:</font></div>
      <div style="padding-left:45pt;text-align:justify"><br>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(a) CDS are used to hedge indices allocated to products by policyholders. Fluctuations in
          value of the CDS are offset by credits provided to policyholders and results in a minimal amount of hedge inefficiency. It is impossible to determine the potential future amount of hedge inefficiency.</font></div>
      <div style="padding-left:58.5pt;text-align:justify"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 17 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(b) The CDS used are exchange traded and daily variation margin is required to settle
          market movements. This minimizes counterparty credit risk. It also makes it impossible to determine what the potential future exposure related to counterparty risk, net of variation margin received could be. </font></div>
      <div style="padding-left:45pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the collateral posted for centrally cleared CDS is discussed in the
          derivative collateral management section below.</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Total Return Swaps</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company engages in the use of OTC TRS, </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">which allow the parties to exchange cash flows based on a variable reference rate such as the three-month SOFR and the return of an underlying index.
        </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the collateral posted for OTC TRS is discussed in the derivative collateral management section below.</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">To Be Announced Securities (TBA)</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses OTC TBA forward contracts to gain exposure to the investment risk and
          return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral posted for OTC TBA securities is discussed
          in the derivative collateral management section below.</font></div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents a summary of the aggregate notional amounts and fair values
          of the Company&#8217;s derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of June&#160;30, 2023 and December&#160;31, 2022: &#160;&#160;&#160;&#160;</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:86.805%" id="z1726598291c146b99e7b0f3aa6cc11e2">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:33.620%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.600%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.980%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Liabilities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (1)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Liabilities</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash flow
                  hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign currency swaps</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,066&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">160&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,959&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">243&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total cash
                  flow hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">160&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">243&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Fair value
                  hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">IRS</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">136,408&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(204)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69,692&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(211)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total fair
                  value hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(204)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(211)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Nonqualifying







                  hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">OTC options</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46,182&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,468&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,009)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43,355&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">670&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(494)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">ETO</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21,524&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(138)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,185&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TBA securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,331&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,071&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">IRS</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,555&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(13)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,762&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Futures</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,780&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,405&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TRS</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,060&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,459&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total nonqualifying hedging instruments</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,560&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,182)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">709&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(535)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  derivative instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,391)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(747)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="39" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> Notional amounts are presented on an absolute basis.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative Collateral Management</font></div>
      <div><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company manages derivative collateral for the general account and separate account
          combined. Additionally, said derivative collateral is managed separately between exchange-traded and OTC derivatives. The total collateral posted for </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 18 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">exchange-traded derivatives at June&#160;30, 2023 and December&#160;31, 2022, had a fair value of
          $2,140 and $1,203, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but
          the collateral resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at June&#160;30, 2023 and December&#160;31, 2022, had a fair
          value of $186 and $25, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company posts collateral to OTC counterparties based upon
          exposure amounts. The Company retains ownership of the OTC collateral.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Offsetting Assets and Liabilities</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company elects to disclose derivative assets and liabilities eligible for offset under
          SSAP No.&#160;64 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Offsetting and Netting of Assets and Liabilities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with the provisions set forth in SSAP No.&#160;86.
          This treatment is consistent with the Company&#8217;s historical reporting presentation.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)&#160;&#160;&#160;&#160;Securities Lending</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company loaned securities with a carrying value of
          $2,033 and $2,510 and a fair value of $1,778 and $2,102 as of June&#160;30, 2023 and December&#160;31, 2022, respectively. The aggregate amount of collateral received through securities lending at June&#160;30, 2023 and December&#160;31, 2022 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.333%" id="z7caeb3695e1c4aa2822d97a06ad45dad">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.068%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,747&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 days or less</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 to 60
                  days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 to 90 days</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater
                  than 90 days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,747&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Securities
                  received</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">263&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total collateral received</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,822&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,155&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:13pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The aggregate amount of cash collateral reinvested
          through securities lending at June&#160;30, 2023 and December&#160;31, 2022 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.916%" id="z7336890903ba4d57bd12d58df4741195">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:38.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.143%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt 0 3.25pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 days or
                  less</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">685&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">685&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">969&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">969&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 to 60 days</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">389&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">389&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">338&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">338&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 to 90
                  days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91 to 120 days</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121 to 180
                  days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181 to 365 days</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">286&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">287&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 9.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater
                  than 1 year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 39.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total collateral reinvested</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,681&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,682&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,893&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023, the Company had borrowings
          outstanding of $66 from securities lending cash collateral, and therefore such amounts are excluded from the table above. The Company had no borrowings outstanding from securities lending collateral as of December&#160;31, 2022.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 19 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinvested collateral is recorded in Other invested
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at June&#160;30, 2023 and December&#160;31, 2022 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z11e68bbf4b764a92b3a82483118ad710">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and
                  cash equivalents</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,023&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,254&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term investments</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">658&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">638&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,681&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j) &#160;&#160;&#160;&#160;Reverse Repurchase Agreements
        </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in both bilateral and tri-party
          repos. As of June&#160;30, 2023 and December&#160;31, 2022, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of June&#160;30, 2023 and December&#160;31, 2022. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All collateral received, as of June&#160;30, 2023 and
          December&#160;31, 2022, were bonds with a designated NAIC-1 rating. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Further information related to repos for the six months
          ended June&#160;30, 2023 and the year ended December&#160;31, 2022, is as follows:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.472%" id="z9608f79cb9bc4ff0b83243141d6a41ea">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.535%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.048%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.041%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.538%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.369%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.465%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.204%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">As of end of period</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1. Maturity</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Overnight</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">765&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2 Days to
                  1 Week</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2. Collateral Pledged and Securities
                  Acquired Under Repo</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash
                  Collateral Pledged - Secured Borrowing</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">765&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair Value of Securities Acquired
                  Under Repo - Secured Borrowing</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">765&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z21e623437e9549a8acd1c0570db9c9f0">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.430%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.436%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Maximum Amount</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1. Maturity</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Overnight</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">850&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">997&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2 Days to
                  1 Week</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">c. Greater
                  than one week and less than one month</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2. Collateral
                  Pledged and Securities Acquired Under Repo</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash
                  Collateral Pledged - Secured Borrowing</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">850&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,165&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair Value
                  of Securities Acquired Under Repo - Secured Borrowing</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">850&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,167&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left: 27pt; padding-right: 27pt;"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Non-insurance SCA Investments</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A summary of the Company&#8217;s SSAP No. 97 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Investments in Subsidiary, Controlled and Affiliated Entities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of June&#160;30, 2023 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.777%" id="z499282b5e5eb47bc8dc6249308deb630">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:25.242%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.295%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.967%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.638%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.978%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">SCA Name</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Asset</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Admitted Asset</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Admitted Assets</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Date</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Type</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Balance</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Re-submission Required?</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZLPF</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">743&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">743&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5/16/2022</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">S2</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">789&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">743&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">743</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">789&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#160;XXX</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-top:5pt;padding-left:54pt"><br>
      </div>
      <div style="margin-top:5pt;padding-left:54pt"><br>
      </div>
      <div style="margin-top:5pt;padding-left:54pt"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 20 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;Federal Home Loan Bank (FHLB) Agreements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company held Class A FHLB membership stock of $10 and
          $10 at June&#160;30, 2023 and December&#160;31, 2022 and activity stock of $120 and $80 at June&#160;30, 2023 and December&#160;31, 2022. The Company has a fully collateralized funding agreement with a balance of $3,000 and $2,000 as of June&#160;30, 2023 and
          December&#160;31, 2022 which is recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.</font></div>
      <div style="margin-bottom:7pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities collateral pledged to FHLB at June&#160;30, 2023 and December&#160;31, 2022
          is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z8b0d00261e484217898d73b02f3502a5">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.165%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.435%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying
                  value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,848&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,001&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,308&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:7pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum of collateral pledged to FHLB during the six months ended
          June&#160;30, 2023 and for the year ended December&#160;31, 2022 was as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:83.194%" id="z918064f0b31e445ca8629a9d17a44172">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.165%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.435%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying
                  value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,642&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,774&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,087&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,928&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022, the Company
          had $3,000 and $2,000 in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the six months ended June&#160;30, 2023 and for the year ended December&#160;31, 2022 was $4,085 and $2,400,
          respectively. Current borrowings are not subject to prepayment penalties. Outstanding borrowings as of June&#160;30, 2023, were issued on various dates ranging from October 17, 2016 to June&#160;20, 2023 and interest rates on those borrowings range from
          1.99% to 5.93%. Interest paid on borrowings was $84 and $9 for the six months ended June&#160;30, 2023, and June 30, 2022, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(m)&#160;&#160;&#160;&#160;Restricted Assets</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 and December&#160;31, 2022, the Company
          had the following restricted assets with carrying values listed below, including assets pledged to others as collateral:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.694%" id="zaa8b56d18ff64e4dac13edb6e1cddeef">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.717%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.016%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.016%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:5.791%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.412%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.935%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.088%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.160%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.565%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.863%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Restricted</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total general account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total separate account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total current year</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total from prior year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Increase
                  (decrease)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total current year
                  admitted restricted</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross restricted to total assets</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted restricted to total admitted assets</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Collateral
                  held under security lending arrangements</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,822&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">896&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,718&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,334&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(616)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,718&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">FHLB Capital
                  Stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">130&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">130&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">130&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit
                  with states</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit
                  with other regulatory bodies</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(10)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pledged as
                  collateral to FHLB (including assets backing funding agreements)</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,848&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,848&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,476&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,848&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  collateral</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,553&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,127&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,680&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Modco assets</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,142&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,142&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,143&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,001)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,142&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">12.1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  restricted assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">29,643&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">896&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30,539&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,523&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(984)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30,539&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16.9&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16.9&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(n)&#160;&#160;&#160;&#160;Low Income Housing Tax Credits (LIHTC)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of June&#160;30, 2023 the Company had various LIHTC
          investments with a range of 2 to 11 remaining years of unexpired tax credits and no required holding period.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 21 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amount of tax credits and other tax benefits
          recognized during the six months ended June&#160;30, 2023 and 2022 is $29 and $26, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The balance of the investment recognized in the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus is $421 and $448 as of June&#160;30, 2023 and December&#160;31, 2022, respectively.</font></div>
      <div style="margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Additionally, the Company's LIHTC investments require a commitment of
          capital. The Company has open capital commitments of $164 and $207 at June&#160;30, 2023 and December&#160;31, 2022, respectively, which are recorded as an unfunded commitment liability in other liabilities. LIHTC commitments are considered an open capital
          commitment beginning when the Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding the LIHTC.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 22 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(4)&#160;&#160;&#160;&#160;Fair Value Measurements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">SSAP No. 100R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%;">Fair Value</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;"> establishes a
          fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Level&#160;1 &#8211; &#160;&#160;&#160;&#160;Unadjusted quoted prices
          for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Level&#160;2 &#8211; &#160;&#160;&#160;&#160;Valuations derived from
          techniques that utilize observable inputs, other than quoted prices included in Level&#160;1, which are observable for the asset or liability either directly or indirectly, such as:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">(a)&#160;&#160;&#160;&#160;Quoted prices for similar assets or liabilities in
          active markets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">(b)&#160;&#160;&#160;&#160;Quoted prices for identical or similar assets or
          liabilities in markets that are not active.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">(c)&#160;&#160;&#160;&#160;Inputs other than quoted prices that are
          observable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">(d)&#160;&#160;&#160;&#160;Inputs that are derived
          principally from or corroborated by observable market data by correlation or other means.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;3 &#8211; &#160;&#160;&#160;&#160;Valuations derived from
          techniques in which the significant inputs are unobservable. Level&#160;3 fair values reflect the Company&#8217;s own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).</font></div>
      <div style="margin-bottom:7pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has analyzed the valuation techniques and
          related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this evaluation and
          investment class analysis, each financial asset and liability was classified into Level&#160;1, 2, or 3.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 23 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">The following presents the assets and liabilities
          measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at June&#160;30, 2023 and December&#160;31, 2022:</font></div>
      <div style="padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="zf51069238a684ae39ec95556a93ac0e2">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.695%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.689%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="21" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 2</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline"> (a)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 3</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">195&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,655&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,055&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,124&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,179&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets
                  reported at fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,335&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,783&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,124&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,239&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account derivative liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,292&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,292&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities reported at fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,531&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,683&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:8pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="27" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within
                    this table.</font></div>
              </td>
            </tr>

        </table>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="z8dec4d0ed1224a5382f49d80fb293b9b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.695%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.689%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 2 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:700;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Level 3</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets







                  at fair value:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">160&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,065&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,096&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,872&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,062&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,934&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets
                  reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,053&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,130&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,194&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities







                  at fair value:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">741&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">760&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account derivative liabilities </font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,940&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,940&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,681&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,700&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:8pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.85pt;font-weight:400;line-height:100%;position:relative;top:-3.15pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following is a discussion of the methodologies used
          to determine fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability). The
          Company has not made changes to valuation techniques in 2023.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 24 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(a)&#160;&#160;&#160;&#160;Valuation of Bonds and Unaffiliated Stock</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of bonds is based on quoted market prices
          in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are
          utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order
          of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer
          quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing
          models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in the discounted cash flow models for
          states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDO and certain mortgage-backed securities are priced by a third-party vendor and the Company internally reviews the
          valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Generally, U.S. Treasury securities and exchange-traded
          stocks are included in Level&#160;1. Most bonds for which prices are provided by third-party pricing sources are included in Level&#160;2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds
          without active trading markets and private placement securities that are internally priced are included in Level&#160;3.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of unaffiliated common stocks is based on
          quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on available market
          inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes received from third-party
          vendors. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(b)&#160;&#160;&#160;&#160;Valuation of Derivatives</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Active markets for OTC options do not exist. The fair
          value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario
          calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, credit default swaps (CDS), To Be Announced (TBA)
          securities, and interest rate swaps (IRS) are included in Level&#160;2, because they use market observable inputs. TRS are included in Level&#160;3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs
          and futures are based on quoted market prices and are generally included in Level&#160;1.</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain derivatives are priced using external
          third-party vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for
          reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis. The
          Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(c)&#160;&#160;&#160;&#160;Valuation of Separate Account Assets and Separate
          Account Derivative Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Separate account assets and Separate account derivative
          liabilities, with the exception of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued, are carried at fair value, which is based on the fair value of the
          underlying assets which are </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 25 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">described throughout this note. Funds in the separate
          accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are included in Level&#160;1 because their fair value
          is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general account (e.g., if the separate account invested in bonds, short-term investments and
          derivatives, that portion could be classified within Level&#160;2 or Level&#160;3). Certain bonds, cash, and cash equivalents, along with related accrued investment income, carried at amortized cost within the separate account have an amortized cost of
          $22,979 and $22,234 as of June 30, 2023 and December&#160;31, 2022, respectively, and a fair value of $19,739 and $18,793 as of June&#160;30, 2023 and December&#160;31, 2022, respectively. Separate account assets carried at amortized cost are included in the
          table in section 4(h) below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(d)&#160;&#160;&#160;&#160;Level&#160;3 Rollforward</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table provides a reconciliation of the
          beginning and ending balances for the Company&#8217;s Level&#160;3 assets and liabilities measured at fair value on a recurring basis:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zd78aee2a436b475db911591e56fde0ba">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 1, 2023</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Transfers into<br>
                  Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Transfers out<br>
                  of Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Net Income</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Surplus</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchases, Issuances, Sales, and Settlements</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">June 30, 2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TRS assets</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(161)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Level 3
                  Assets</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(161)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TRS
                  liabilities</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(146)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Level 3 Liabilities</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(146)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">146&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z8922ce62300d4593bf86f60fa2a79bea">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">January 1, 2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Transfers into<br>
                  Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Transfers out<br>
                  of Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Net Income</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Surplus</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Purchases, issuances, sales and settlements</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">December 31, 2022</font></td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TRS assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(419)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Level 3
                  Assets</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(412)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">TRS
                  liabilities</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(871)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">871&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total Level 3
                  Liabilities</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(871)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">871&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(e)&#160;&#160;&#160;&#160;Transfers</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company reviews its fair value hierarchy
          classifications quarterly. Transfers between levels occur when there are changes in the observability of inputs and market activity. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All transfers into Level 3 were a result of observable
          inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new availability of reliable
          observable inputs or the ability to validate market price of the security against an alternative source.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 26 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(f)&#160;&#160;&#160;&#160;Sensitivity of Fair Value Measurements to Changes
          in Unobservable Inputs</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Bonds: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option
          adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">CDO and certain mortgage-backed securities are priced by a third-party vendor and the
          Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates. A significant increase (decrease) in default
          rates in isolation could result in an decrease (increase) in fair value.</font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Common stocks: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable inputs used to value common stock are indicative quotes received from third-party vendors and subsequent offering prices. A significant increase (decrease) in
          either the indicative quotes or offering prices in isolation could result in an increase (decrease) in fair value.</font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative assets and liabilities: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The key unobservable input would generally include the spread. For
          a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used in the fair
          value of the TRS in isolation could result in lower (higher) fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(g)&#160;&#160;&#160;&#160;Estimates</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">The Company has been able to estimate the fair value of
          all financial assets and liabilities.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 27 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(h)&#160;&#160;&#160;&#160;Aggregate Fair Value of Financial Instruments</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following tables present the carrying amounts and
          fair values of all financial instruments at June&#160;30, 2023 and December&#160;31, 2022 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:88.988%" id="z0c1c8e5a0e5f4c22aab1af98f64ac6a5">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:24.819%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.779%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.779%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.946%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.946%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.951%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="27" style="background-color:#cceeff;border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="15" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted Assets/<br>
                  Carrying Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81,645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">91,496&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,167&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55,012&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,466&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common
                  stocks, unaffiliated</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">330&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">195&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">135&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,175&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,067&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,175&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                  equivalents</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,922&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,912&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,064&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">765&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term
                  investments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">950&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">949&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">680&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">270&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,740&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,655&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities
                  lending reinvested collateral assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,681&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,681&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,681&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,544&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,575&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">181&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,363&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate
                  owned life insurance (COLI)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">727&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">727&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">727&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,864&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,888&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26,467&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,509&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,914&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,039&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,914&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  investment contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">98,819&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90,869&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">98,819&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed
                  money</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,036&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,017&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,036&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,391&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,239&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities lending</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,747&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,747&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,747&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">164&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">164&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">164&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,864&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">50,176&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,888&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26,467&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,509&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 28 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:88.839%" id="zfd8f965e047d48458521f8680cd008bd">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:23.690%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.144%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="27" style="background-color:#cceeff;border-bottom:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="15" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted Assets/
                  Carrying Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78,268&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,708&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55,058&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common
                  stocks, unaffiliated</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,020&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,020&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                  equivalents</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,489&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,488&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,029&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term
                  investments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">783&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">783&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">778&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,096&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,065&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities
                  lending reinvested collateral assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,408&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,439&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">94&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,314&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">COLI</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,004&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,406&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,711&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,887&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,122&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,122&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  investment contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,854&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">88,919&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,854&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed
                  money</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,010&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">760&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">747&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">741&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities lending</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,004&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,406&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,711&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,887&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:9pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A description of the Company&#8217;s valuation techniques for
          financial instruments not reported at fair value and categorized within the fair value hierarchy is shown below:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of FHLB Stock</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">FHLB stock, included in Common stocks, is not traded in
          an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company&#8217;s FHLB agreement that allow for return of outstanding shares of FHLB stock
          at the Company&#8217;s cost basis. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Mortgage Loans on Real Estate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of commercial mortgage loans on real
          estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash
          flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current market conditions.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 29 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Cash Equivalents</font></div>
      <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cash equivalents are comprised of money market mutual
          funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds and cash equivalent bonds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are
          provided by third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable.</font></div>
      <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Short-term Investments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value. The fair value leveling of short-term investments is determined similarly as bonds as discussed above.</font></div>
      <div style="margin-bottom:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Securities Lending Reinvested Collateral Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Collateral held from securities lending agreements is
          primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair value of
          similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company&#8217;s general account investment portfolio.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Other Invested Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other invested assets include surplus notes, LIHTC
          investments, limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Surplus notes for which prices are provided by third-party pricing sources are included in Level 3, due to the use of unobservable inputs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">LIHTC investments (including the unfunded commitment asset) fair value is set equal to carrying value, as there is no observable market data on
          which to calculate fair value. Due to the use of unobservable inputs, they are categorized as Level 3. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Limited partnership investments are recorded using the cost method in line with SSAP No. 48, Joint Ventures, Partnerships, and Limited
          Liability Companies, using unobservable inputs. Due to the use of unobservable inputs, they are categorized as Level 3. The Company believes the cost method approximates fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Loans to affiliates are carried at cost; due to the lack of an active market, the current carrying value is the only market price at which the
          transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, they are categorized as Level 3. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">RSU assets are tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as Level
          2.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of COLI</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The COLI policies held by the Company are carried at
          their respective cash surrender values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included
          within Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At June 30, 2023 and December&#160;31, 2022, the cash surrender value in an investment vehicle is $727 and $692, respectively, and is allocated
          into the following categories based on primary underlying investment characteristics:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.136%" id="z081c64ae1ea74afb893708d200f8723f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:54.492%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.103%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.105%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></div>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">46.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other invested assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 30 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Deposit-Type Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fair values of deposit-type contracts are based on
          discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit standing and a risk margin for actuarial inputs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Other Investment Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other investment contracts are included within Life
          policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include
          life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit
          standing and a risk margin for market inputs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Borrowed Money</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the FHLB borrowing is calculated on a
          discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are discounted
          using the valuation date swap curve. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Payable for Securities Lending</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities lending payable is set equal the to the cash
          collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Payable for Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Included in Payable for securities is the LIHTC
          investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
          categorized as Level 3.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Valuation of Separate Account Liabilities</font></div>
      <div style="margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of separate account liabilities approximates the fair value
          of separate account assets.</font></div>
      <div><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 31 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;"> (5)&#160;&#160;&#160;&#160;Income Taxes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">&#160;&#160;&#160;&#160;Reconciliation of Federal Income Tax Rate to Actual
          Effective Rate</font></div>
      <div style="margin-bottom:7pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The provision for federal income taxes incurred is different from that which
          would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference for the six months ended June 30, 2023, and 2022 are as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zae94ea9ca45f464c8989fecdf2faad3c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.068%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2023</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income before taxes</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization of IMR</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends received
                  deduction</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nondeductible expenses</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Affiliated LLC income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">COLI</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.9)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax hedges</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10.8)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax hedge
                  reclassification</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.9)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax credits</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.7)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in deferred
                  taxes on impairments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.8)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in deferred
                  taxes on non-admitted assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.8)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax contingencies</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized capital gains
                  tax</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective tax
                  rate</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(18.6)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt 0 37pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal and foreign
                  income taxes incurred</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized capital gains
                  tax</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in net deferred
                  tax</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(22.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective tax
                  rate</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.5&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(18.6)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr style="height:5pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(6)&#160;&#160;&#160;&#160;Reinsurance</font></div>
      <div style="margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company maintains a modified-coinsurance agreement with Resolution Re
          for certain fixed-indexed annuities and Resolution Re has a retrocession agreement with Talcott Life Re for 20% of the quota-share. During the six months ended June&#160;30, 2023, a novation of that agreement resulted in Talcott Life Re directly
          facing Allianz Life instead of facing Resolution Re. This novation did not result in the modification or derecognition of the novated reinsured liabilities, and does not have any financial impact on the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(7)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%; padding-left: 15.34pt;">Related-Party Transactions</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(a) &#160;&#160;&#160;&#160;Organization Changes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On November 30, 2022, the Company sold Allianz Individual
          Insurance Group (AIIG) and its wholly-owned subsidiaries, TruChoice Financial Group, LLC and Inforce Solutions, LLC. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(b)&#160;&#160;&#160;&#160;Related-Party Invested Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an agreement to lend AZOA $39. The
          remaining loan balance was $30 as of June&#160;30, 2023 and December&#160;31, 2022 and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan began in 2021 and has a
          final maturity date of August&#160;30, 2023. The interest rate is a fixed rate of 0.34%. Interest income earned and accrued had an immaterial impact to the Company during the six months ended June&#160;30, 2023 and 2022, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in limited partnerships that are
          managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for the limited partnerships is $227 of which $86 and $91 is </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 32 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">unfunded as of June&#160;30, 2023 and December&#160;31, 2022,
          respectively. As of June&#160;30, 2023 and December&#160;31, 2022, the fair value of the investment is $163 and $143, respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
          Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a seed money investment in exchange
          traded funds that are managed by a related party, PIMCO, with a reported balance of $30 and $31 as of June&#160;30, 2023 and December&#160;31, 2022, respectively, and within Other invested assets on the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus. There is no additional commitment related to these investments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in bonds that are managed by a
          related party, PIMCO. The Company's committed capital for the PIMCO bonds as of June&#160;30, 2023 and December&#160;31, 2022 was $1,300 and $1,260, respectively, of which $441 and $488 was unfunded. The Company reported a balance of $811 and $725 as of
          June&#160;30, 2023 and December&#160;31, 2022, respectively, related to the PIMCO bonds. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a seed money investment in exchange
          traded funds that are managed by a related party, AIM. The Company reported a balance of $92 and $57 as of June&#160;30, 2023 and December&#160;31, 2022 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. There is no additional commitment related to these investments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(c) &#160;&#160;&#160;&#160;Service
          Fees</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company incurred fees for services provided by
          affiliated companies of $179 and $89 in the six months ended June&#160;30, 2023 and 2022, respectively. The Company&#8217;s liability for these expenses was $70 and $32 at June&#160;30, 2023 and December&#160;31, 2022, respectively, and is included in Other
          liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company earned revenues for various services provided
          to affiliated companies and subsidiaries of $41 and $37 in the six months ended June&#160;30, 2023 and 2022, respectively. The receivable for these revenues was $9 and $6 at June&#160;30, 2023 and December&#160;31, 2022, respectively, and is included in Other
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has agreements with its affiliate PIMCO
          whereby (1) specific investment options managed by PIMCO are made available through the Company's separate accounts to holders of the Company's variable annuity products, and (2) the Company receives compensation for providing administrative and
          recordkeeping services relating to the investment options managed by PIMCO. Income recognized by the Company from these affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was
          $2 and $3 during the six months ended June&#160;30, 2023 and 2022, which is included in Fees from separate accounts on the Statutory Statements of Operations. At June&#160;30, 2023 and December&#160;31, 2022, an immaterial was included for related receivables
          of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has incurred commission expense related to
          the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $184 and $187 for the six months ended June&#160;30, 2023 and 2022, respectively. The Company has an agreement with ALFS, whereby interest
          receivable is assigned to the Company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in performing services for the
          Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded net (expense) revenue from this agreement of $(23) and $(19)
          for the six months ended June&#160;30, 2023 and 2022, respectively. </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Page 33 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(d) &#160;&#160;&#160;&#160;Dividends
          to Parent</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the six months ended June 30, 2023 and 2022, the
          Company paid cash dividends to AZOA of $175 and $4,100, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2023 were considered ordinary and the dividends paid in 2022 were
          considered extraordinary.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(e) &#160;&#160;&#160;&#160;Capital
          Contributions and Dividends with Subsidiaries</font></div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the the six months ended June 30, the Company
          received dividends from its subsidiaries as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zb5af8339cdf9437c8ee6b0951256d085">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:56.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.568%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allianz Investment
                  Management, LLC (AIM)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div style="margin-bottom:13pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the six months ended June 30, the Company made
          capital contributions to subsidiaries as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zba2b1d4bf73d4b4195fc64201dc513cf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:56.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.568%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AZNY</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 3.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ALFS</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allianz Strategic
                  Investments, LLC (ASI)</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:9pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(f) &#160;&#160;&#160;&#160;Reinsurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company wholly-owns AZMO, a Special Purpose Life
          Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company&#8217;s net liability of level term life
          insurance policies and certain universal life insurance policies written directly by the Company. The Company recorded premium of $1 and an immaterial amount of ceding commission for the six months ended June&#160;30, 2023 and 2022, respectively. In
          addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of which $2 and $1 was amortized in the six months ended June&#160;30, 2023 and 2022, respectively, and included in Commissions and expense
          allowances on reinsurance ceded on the Statutory Statements of Operations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has reinsurance recoverables and receivables
          related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 as of June&#160;30, 2023 and December&#160;31, 2022 and are included in Other assets on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 144%;">(g) &#160;&#160;&#160;&#160;Line of Credit Agreement</font></div>
      <div style="margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a line of credit agreement with AZNY, to provide liquidity,
          as needed. The Company&#8217;s lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. No amounts have been borrowed during the six months ended June&#160;30, 2023 and for the year
          ended December&#160;31, 2022.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(8)&#160;&#160;&#160;&#160;Commitments and Contingencies</font></div>
      <div style="padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">The Company and its subsidiaries are named as defendants in various pending or threatened
          legal proceedings on an ongoing basis, arising from the conduct of business, including three class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of California, L.A. County, BC594715), Small v. Allianz Life
          Ins. Co. of North America (United Stated District Court, Central District of California, Case No. 2:20-cv-01944-AB (KESx)(Small I), and Small v Allianz Life Ins. Co. of North America (Superior Court of California, L.A. County, </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Page 34 of 35</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:144%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">Notes to the Statutory Financial Statements (unaudited)</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:144%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">22STCV17838)(Small II). The Sanchez case was certified as a class; and the parties settled
          the matter and the settlement has been granted final approval by the Court. The Small I and Small II cases are related. The Small I case was certified as a class; the Small II case has not been certified as a class. On August 25, 2023, the Small
          I court granted partial summary judgment for the class on liability, leaving the issue of damages for trial, and granted summary judgment against part of the class on Allianz Life&#8217;s statute of limitations defense. The order is not a final
          judgment, and Allianz Life continues to defend itself. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and
          there can be no assurance that such litigation, or any future litigation, will not have a material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is contingently liable for possible future
          assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The financial services industry, variable and fixed
          annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Federal and state regulators, such as state insurance
          departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various
          selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is and may become subject to ongoing market conduct examinations and
          investigations by regulators, which may have a material adverse effect on the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">It can be expected that annuity and life product designs,
          management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These matters could result in legal precedents and new
          industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will
          have a material adverse effect on the Company in the future.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain guarantees of the Company provide for the
          maintenance of a subsidiary&#8217;s regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
          Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the guarantees.
          Capital contributions made during the three months ended June&#160;30, 2023 and 2021 are detailed in Note&#160;7.</font></div>
      <div style="margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had investments in limited partnerships that required a
          commitment of capital of $1,103 and $446 as of June&#160;30, 2023 and December&#160;31, 2022, respectively.</font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">(9)&#160;&#160;&#160;&#160;Subsequent Events</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has evaluated subsequent events through
          September&#160;29, 2023, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since June&#160;30, 2023 that require adjustment to the Statutory Financial Statements.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Unaudited Statutory Financial Statements for the interim period ended June&#160;30, 2023</font></div>
          <div style="margin-top: 5pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Page 35 of 35</font></div>
        </div>
      </div>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
        <div>
          <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.245%" id="zb703e49cefda475ea1996df52a6aabb6">

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

          </table>
        </div>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(f).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Financial Data</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">(dollars in millions, unless otherwise stated)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth the Company&#8217;s selected historical financial
          data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of
          Operations&#8221; and the Company&#8217;s audited Statutory Financial Statements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These historical results are not necessarily indicative of results to be
          expected for any future period. </font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z388e940cc7be4ee79f09d683d269a3db">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.786%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.841%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.841%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.841%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.403%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended December 31, </font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Selected income data</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,427&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,291&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,542&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,029&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,193&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net investment income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,544&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,866&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,593&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Ceded reinsurance
                  reserve and expense adjustments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(545)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">639&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(45)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">329&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">245&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees from separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">613&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(503)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">694&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,411&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,338&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,797&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,704&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder benefits
                  and surrenders</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,499&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,876&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,343&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,368&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,436&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,113&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,316&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,034&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,299&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and
                  administrative and commission</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,236&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,195&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,739&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,878&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,770&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,732&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,424&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,254&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,009)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,580&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,811&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,534&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,496&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax (benefit) expense</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">773&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(51)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized capital
                  (loss) gain</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,986)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,856&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,053&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(490)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,292&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">543&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">769&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in unrealized capital (loss) gain</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(516)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(142)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(61)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">719&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(230)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(325)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(421)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,794&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(220)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">441&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in
                  capital &amp; surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,190)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,044&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(292)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,378&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt 0 19pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes premiums and
                  annuity and supplementary contract considerations.</font></td>
            </tr>

        </table>
      </div>
      <div>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="zd1dac59ed17f496f8d501c64d468d5f2">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:32.035%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.542%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.381%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.840%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.232%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.542%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.381%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.840%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.381%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.840%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.386%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As of December 31, </font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Selected balance sheet
                  data</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2019</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2018</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash and invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122,829&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,229&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,870&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117,204&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income due
                  and accrued</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,273&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">947&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,031&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,047&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other admitted assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,684&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,480&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,218&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">945&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">951&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,835&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  admitted assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,535&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,388&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,484&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142,037&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total policyholder
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,229&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,933&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,353&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,098&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,118&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,877&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,618&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,473&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,794&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,507&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,901&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,835&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,608&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,830&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">165,727&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">150,530&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">135,460&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total capital
                  and surplus</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,576&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
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          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 1 of 22</font></div>
        </div>
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      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(h).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Management&#8217;s Discussion and Analysis of Financial Condition and Results of
          Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following discussion and analysis provides an assessment by management
          of the Company&#8217;s financial condition as of December 31, 2022, compared with December&#160;31, 2021, and its results of operations for each of the three years ended December&#160;31, 2022, 2021, 2020, respectively. The information contained herein should be
          read in conjunction with the financial statements, notes, exhibits and schedules in the 2022 and 2021 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated basis in accordance with
          Statutory Accounting Principles (SAP). </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Forward-looking Statements </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">This report reviews the Company&#8217;s financial condition and results of
          operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include &#8220;forward-looking statements&#8221; within the meaning of the Private Securities
          Litigation Reform Act of 1995. Forward- looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like &#8220;believe&#8221;,
          &#8220;expect&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221;, &#8220;budget&#8221;, &#8220;forecast&#8221;, &#8220;anticipate&#8221;, &#8220;plan&#8221;, &#8220;will&#8221;, &#8220;shall&#8221;, &#8220;may&#8221;, and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are
          cautioned not to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Company Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
          (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company&#8217;s ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company domiciled in
          the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed annuities, and
          individual ordinary fixed-indexed universal life (FIUL) products. The Company&#8217;s products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed registered
          representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of fixed and variable annuities, individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not
          actively issue new policies related to these products. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has organized its principal operations into the following
          segments: Individual Annuities, Life, and Legacy.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Individual Annuities </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment provides tax-deferred investment growth
          and lifetime income opportunities for our customers through fixed, fixed-indexed and variable-indexed. The &#8220;fixed&#8221; and &#8220;variable&#8221; classifications describe whether we or the contractholders bear the investment risk of the assets supporting the
          contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual Annuity products are sold through both
          independent distribution channels made up of agents and registered representatives.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fixed annuities provide guarantees related to the preservation of principal
          and interest credited. In 2022, sales of our fixed-indexed annuity products were higher than the prior year due to impacts of increasing interest rates and strong sales for the Allianz 222</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">due to a 2022 sales promotion. In 2021, sales of our
          fixed-indexed annuity products were higher than the prior year due to impacts of increasing interest rates and strong sales for the Allianz Benefit Control</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a 2021 sales promotion.</font></div>
      <div style="height:63pt;position:relative;width:100%">
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          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 2 of 22</font></div>
        </div>
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      <hr style="page-break-after:always">
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        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Variable annuities allow the contractholder to make deposits into various
          investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable
          annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits
          shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account
          option that is similar to a fixed-indexed annuity. In 2022, sales of variable-indexed annuities were lower than the prior year due to weaker sales for the Index Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> product driven by the market environment. In 2021, sales of
          variable-indexed annuities were higher than the prior year due to strong sales for the Index Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> product driven by the market environment and a 2021 sales promotion. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Life</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our life insurance products provide flexibility and control over a person&#8217;s
          assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products. Deposits are
          credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow for the last several
          years and was driven by strong product proposition.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Legacy</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Legacy business consists of closed blocks of LTC and Special Markets
          products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate additional
          resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of these product
          lines is not material enough to warrant discussion as separate operating segments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income and Expense Allocation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We maintain segregated investment portfolios for the Company but do not
          maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by
          segment are not included herein. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income and expense related to assets backing policyholder reserves are
          allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are
          allocated to the segments based on estimated required capital levels for each segment. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Basis of Presentation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been prepared in accordance with
          accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and reporting the
          financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Practices and Procedures Manual</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects
          from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements in conformity with NAIC
          SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December&#160;31, 2022, and 2021 and the
          reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates used
          within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.</font></div>
      <div style="height:63pt;position:relative;width:100%">
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          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 3 of 22</font></div>
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      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Adoption of New Financial Accounting Standards </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 3 &#8211; &#8220;Accounting Changes and Correction of Errors&#8221; of the Company&#8217;s
          audited Statutory Financial Statements in this prospectus for information related to recent accounting pronouncements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Application of Critical Accounting Policies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our accounting policies require management to make interpretative and
          valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
          entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be
          found in Note 2 of the accompanying Statutory Financial Statements and are summarized below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting for Investments </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Investment valuation and presentation are determined to be in accordance
          with methods prescribed by the NAIC. See Note 5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Aggregate Reserves for Life Policies and Annuity
          Contracts </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Notes 12 through 14 of the audited Statutory Financial Statements for
          additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Derivatives </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Notes 2 and 5 of the audited Statutory Financial Statements for
          additional information regarding our derivatives and hedging instruments. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Reinsurance </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 11 of the audited Statutory Financial Statements for additional
          information regarding reinsurance agreements we have entered into to manage insurance risk, as well as businesses we exited. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income Taxes </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 9 of the audited Statutory Financial Statements for additional
          information regarding income tax estimates and assumptions. </font></div>
      <div style="height:63pt;position:relative;width:100%">
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          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 4 of 22</font></div>
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        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Results of Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="zacb1c0b28d92440fb065bff24500c524">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:33.728%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.569%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.576%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,427&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,291&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,542&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,749&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35.6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment
                  income</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,544&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,866&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(322)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.6)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense
                  adjustments</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(545)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">639&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(45)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,184)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(185.3)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">684&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,520.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15.0)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(503)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">694&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(471)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,471.9)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(726)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(104.6)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  income</font></td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,411&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,338&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,927)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.5)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,716&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.4&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder
                  benefits and surrenders</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,499&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,876&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,343&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,377)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21.9)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">533&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.2&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,113&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,316&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,203)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27.9)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,851&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">75.1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and
                  administrative and commission</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,236&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,195&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,739&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26.2&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,732&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,424&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(692)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(28.5)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">964&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,580&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,811&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,231)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21.4)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,804&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23.8&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,831&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">527&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">615&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,304&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">437.2&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(88)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14.3)</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax
                  (benefit) expense</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,093)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100.2)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,073&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital (loss) gain</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,986)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,856&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,842)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(207.0)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,714&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,207.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income
                  (loss)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">847&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,292&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">739&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(445)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(34.4)</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">553&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">74.8&#160;</font></td>
              <td style="background-color:#bfe4ff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  unrealized capital (loss) gain</font></td>
              <td style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#bfe4ff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(516)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(142)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(374)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(263.4)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#bfe4ff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(81)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(132.8)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,200)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(355.6)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(150)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20.0)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#bfe4ff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in
                  capital &amp; surplus</font></td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(421)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,794&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,215)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(115.1)</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,014&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#bfe4ff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#bfe4ff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,370.0&#160;</font></td>
              <td style="background-color:#bfe4ff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,190)</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,044&#160;</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(292)</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7,234)</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(237.6)</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,336&#160;</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,142.5&#160;</font></td>
              <td style="border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="42" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes premiums and annuity and
                  supplementary contract considerations.</font></td>
            </tr>
            <tr>
              <td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:3pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">**Not meaningful</font></div>
              </td>
            </tr>

        </table>
        <font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2022</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in capital and surplus was primarily driven by dividends paid
          to AZOA, net realized capital losses on derivatives, and a decrease in Other change in capital and surplus which is lower due to a large one-time gain on new reinsurance transactions in Q4 2021. These impacts were partially offset by decreases in
          policyholder benefits and surrenders due to the reinsurance transaction and a decrease in aggregate reserve change due to negative equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Premium and annuity considerations
          increased primarily due to higher fixed-indexed annuity premium driven by competitive product features and a 2022 sales promotion </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">for the Allianz 222</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">products. For the Life segment, premiums and annuity considerations</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> increased
          as a result of an increase in first year and renewal premiums </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">on Life Pro Plus Advantage</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a growing
          block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income decreased primarily due to a decrease in fixed annuity invested assets as a result of a coinsurance transaction in Q4 2021, partially offset by an increase in the Life segment due to an
          increase in invested assets.</font></div>
      <div style="padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 107%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;"> Ceded
          reinsurance reserve and expense adjustments was negative primarily due to Modco ceded reserves and Modco ceded investment income, as well as a decrease in reinsurance deferred gain impacts in the Individual Annuities segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts decreased primarily due to lower separate account assets on the traditional variable annuity block of business due to negative equity markets. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 5 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income decreased primarily due to derivative income on interest rate swaps that hedge variable annuities, primarily driven by increasing interest rates, within the Individual Annuity segment.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 107%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">: Policyholder benefits
          and surrenders decreased primarily due to decreases in surrenders within the Individual Annuity segment driven primarily by an increase in ceded benefits as a result of the reinsurance transaction in Q4 2021, partially offset by an increase in
          surrender and death claim activity in the Life segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased primarily due to a decrease in the Individual Annuities segment driven by a decrease in index crediting on fixed annuity, partially offset by an
          increase in variable annuity reserves; both due to equity market movements. The Life segment reserves also decreased due to lower index credits as a result of the negative equity market performance in 2022, partially offset by an increase in
          premiums. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased slightly due to an increase in commissions expense as a result of higher premium from the sale of fixed-indexed annuities in
          the Individual Annuity segment.</font></div>
      <div style="padding-left:18pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 107%; padding-left: 14.5pt;">Net transfers to separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">Net transfers to
          separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to lower variable-indexed premium in the Individual Annuities segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax benefit was driven by relatively low taxable income driven by derivative hedging impacts in the Individual Annuity segment, further impacted by Low Income Housing Tax Credits.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net realized capital loss due to losses on derivatives hedging both the fixed-indexed annuities and life products, partially offset by gains on derivatives hedging variable-indexed annuity
          product liabilities as a result of a decrease in equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital losses are primarily due to losses on derivatives in the Individual Annuities segment and the Life segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Dividends to parent:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Dividends of $4,100 were paid to the parent in 2022 as a result of the Q4 2021 reinsurance transaction.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus was higher in 2021 due to the net deferred gain on the reinsurance agreements. Other unfavorable impacts in 2022 include a change in deferred income
          taxes as a result of negative hedging impacts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 Compared to Year Ended December&#160;31, 2020 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in capital and surplus was primarily driven by gains on new
          reinsurance transactions, mostly related to the initial ceding commission and reserve impacts, and impacts from favorable equity markets resulting in net gains on derivatives hedging fixed-indexed and life product liabilities. These items were
          partially offset by a higher dividend payment to our parent company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">I</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">ndividual Annuities premiums and annuity considerations increased primarily due to </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">higher fixed-indexed and variable-indexed annuity premium driven by competitive product features and 2021 sales promotions on both the Allianz Benefit Control&#174; and Allianz Index
          Advantage Income&#174; products</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment increased as a result of an increase in first year and renewal premiums </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">on Life Pro Plus Advantage</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a growing block of business.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased slightly primarily due to growth in the fixed-indexed annuity, variable-indexed annuity and Life segment invested assets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to impacts from new inforce reinsurance agreements in the Individual Annuities segment.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 6 of 22</font></div>
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      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fees from separate accounts slightly increased primarily due to higher separate account assets on the traditional variable annuity block of business due to
          positive equity markets, mostly offset by surrenders. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities, primarily driven by increasing interest rates, within
          the Individual Annuity segment.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased slightly primarily due to an increase in annuitizations and surrenders within the Individual Annuity segment and increased death claims in
          the Life segment. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased primarily due to an increase in the Individual Annuities segment driven by higher new reserves established due to higher production and an increase
          in index crediting due to positive equity markets, as well as an increase in the Life segment reserves due to higher premiums and an increase in index credits. This was partially offset by variable annuity reserve decreases, due to rising equity
          markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher production in the Individual Annuity and Life
          segments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to separate accounts:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net transfers to separate accounts increased due to increased premium from Index Advantage Income&#174; in the Individual Annuities segment.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: There is a federal income tax expense in 2021 due to impacts from realized and unrealized gains on derivatives hedging liabilities in the Company's Individual Annuity and Life segments
          and gains from new reinsurance transactions in the Individual Annuity segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net realized capital gains increased due to gains on derivatives hedging fixed-indexed annuities and life product liabilities, partially offset by losses on derivatives hedging
          variable-indexed annuity product liabilities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Unrealized capital losses are primarily due to losses on derivatives in the Individual Annuities segment and the Life segment.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Dividends to parent: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Dividends of $</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">900 </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">were paid to the parent in
          2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus increased due to impacts from new inforce reinsurance agreements which were entered in 2021 and the change in deferred income taxes as a result of
          positive derivative hedging impacts within our Individual Annuities segment. There was also a change in asset valuation reserve (AVR) that decreased capital and surplus due to the growth of the Company's general account investment portfolio.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:15.75pt"><br>
      </div>
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          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 7 of 22</font></div>
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      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Individual Annuities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z0ef2f50ece7a4921a9dfcb0b1fb84ffb">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:35.060%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.384%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations*</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,811&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,766&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,268&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">45&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,498&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">37.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment
                  income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,056&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,467&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,531&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(411)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(64)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense
                  adjustments</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(531)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">656&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(54)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,187)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(180.9)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">710&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,314.8&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(501)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(37)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">691&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(464)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,254.1)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(728)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(105.4)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  income</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,323&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18,426&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,003&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,103)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11.4)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,423&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other expenses:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder
                  benefits and surrenders</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,150&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,584&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,073&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2,434)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">511&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in aggregate reserves</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,024&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,789&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,474&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(765)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(27.4)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,315&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">89.2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and
                  administrative and commission</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,827&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,756&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,369&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">71&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">387&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers to separate accounts</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,734&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,426&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,462&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(692)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(28.5)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">964&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">65.9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,735&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17,555&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,378&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,820)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21.8)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,177&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income</font></td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,588&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">871&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">625&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,717&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">197.1&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">246&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39.4&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax
                  (benefit) expense</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,802&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,804)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100.1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,784&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM**</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital (loss) gain</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,701)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,519&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,220)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(212.0)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,452&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,167.2&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net income
                  (loss)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">889&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">588&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">674&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">301&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">51.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.8)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  unrealized capital (loss) gain</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(423)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(125)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(79)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(298)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(238.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(46)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(58.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(400)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,792&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(220)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,192)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114.3)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,012&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,369.1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in
                  capital &amp; surplus</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,255&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">375&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,189)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(98.0)</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,880&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">768.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="42" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Includes premiums and annuity and
                  supplementary contract considerations.</font></td>
            </tr>
            <tr>
              <td colspan="42" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:3pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">**Not meaningful</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.809%" id="zc7f3d0c7b537441fb35136ff0d3df393">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:22.996%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.743%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.743%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.743%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.743%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.484%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.743%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.553%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.487%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Individual Annuities</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deposits</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,439&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13,226&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,474&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">213&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,752&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">39.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">139,294&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">141,131&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">131,228&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,837)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,903&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Deposits and in-force amounts in the table above are for direct and assumed
          business. Deposits reflect amounts collected on both new and renewal business. In-force represents account values of the annuity contracts. In 2022, sales of our fixed-indexed annuity products were higher than the prior year due to impacts of
          increasing interest rates and strong sales for Allianz 222</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">due to a 2022 sales promotion. In 2021, sales of our fixed-indexed annuities were higher than the prior period due to </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">competitive product features and a 2021 sales promotion. Sales of </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">variable-indexed annuities were higher in 2021 due to higher sales on the Index Advantage suite of products driven by the market environment and a sales promotion. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 8 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Change in Key Market Factors</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our Individual Annuities segment is impacted by various market impacts
          which are summarized below:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.107%" id="zfd688a00c9bf47eab6ba732084a3ca1f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.677%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.871%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% change</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock Index</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">S&amp;P 500</font></div>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(19.44)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.89%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.26%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46.33)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.63%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">NASDAQ 100</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32.97)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26.63%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.58%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(59.60)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20.95)%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI</font></div>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13.57)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.35%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.08%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(19.92)%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2.73)%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:9pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">BUDBI II</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10.80)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.60%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.15%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15.40)%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1.55)%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.107%" id="z86cc9d7ab1f2408ebd7870b6c68df3bf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.677%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.713%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.871%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">As of December&#160;31,</font></div>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Basis&#160;point&#160;(bps)&#160;change</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:2.25pt;padding-right:2.25pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest Rates</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Swap rate - 10 year</font></td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.84%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.58%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.93%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">226bps</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65bps</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Swap rate -
                  20 year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.74%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.76%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.32%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 2.12pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">198bps</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44bps</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2022</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment net increase in capital and surplus was
          lower compared to the prior year due to one-time impacts of new reinsurance agreements in 2021 that covered certain fixed-indexed annuities, in addition to negative equity market impacts in 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premium and annuity considerations
          increased primarily due to higher fixed-indexed annuity premium driven by competitive product features and a 2022 sales promotion </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">for the Allianz 222</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">products.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income decreased primarily due to decreases in fixed annuity allocated investment income due to lower reserves as a result of a coinsurance transaction in Q4 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments was negative primarily due to Modco ceded reserves and Modco ceded investment income, as well as a decrease in reinsurance
          deferred gain impacts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts decreased primarily due to lower separate account assets on the traditional variable annuity block of business due to negative equity markets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other income decreased primarily due to derivative income on interest rate swaps that hedge variable annuities, primarily driven by increasing interest rates. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders decreased primarily due to decreases in surrenders on both the fixed and variable annuity lines of business as well as decreases in death claims and annuitizations on
          the fixed annuity line of business. The fixed annuity decreases are also driven primarily by an increase in ceded benefits as a result of the reinsurance transaction in Q4 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased primarily due to a decrease in fixed reserves due to a decrease in index crediting, partially offset by an increase in variable annuity reserves; both due to negative equity market
          movements.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased due to an increase in commissions expense as a result of higher sales of fixed-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to lower variable-indexed premium.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.</font></div>
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          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 9 of 22</font></div>
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      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital loss due to losses on derivatives hedging fixed-indexed annuities, partially offset by gains on derivatives hedging variable-indexed annuity product liabilities as a
          result of a decrease in equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital losses are primarily due to losses on derivatives used to hedge product liabilities on fixed-indexed annuities, partially offset by gains on derivatives hedging
          variable-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus was higher in 2021 due to the net deferred gain on new reinsurance agreements. Other unfavorable impacts in 2022 include a change in deferred income
          taxes as a result of negative hedging impacts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2020 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Individual Annuities segment net increase in capital and surplus was
          primarily driven by impacts from positive equity markets and impacts from new reinsurance agreements covering certain fixed-indexed annuities. Notably, the Company executed two new reinsurance agreements effective October 1, 2021; a modified
          coinsurance agreement covering approximately </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">$26 billion of inforce reserves and a coinsurance
          agreement covering approximately $8 billion </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">of inforce reserves.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premium and annuity considerations
          increased primarily due to higher fixed-indexed and variable-indexed annuity premium driven by competitive product features and a 2021 sales promotion on both the Allianz Benefit Control</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> and Index Advantage Income</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> products.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net Investment Income</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Net investment income slightly decreased primarily due to lower investment yields and net investment income ceded as part of the new coinsurance agreement.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Ceded reinsurance reserve and expense adjustments increased primarily due to impacts from the new reinsurance agreements</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Fees from separate accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Fees from separate accounts slightly increased primarily due to higher separate account assets on the traditional variable annuity block of business due to positive equity markets, mostly offset by surrenders. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities, primarily driven by increasing interest rates. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in annuitizations on both the fixed and variable annuity lines of business, and increase in surrenders on the variable annuity
          line of business. This was partially offset by a decrease in surrenders on the fixed annuity line of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased primarily due to higher new annuity reserves established due to higher production and an increase in index crediting due to positive equity markets, partially offset by variable
          annuity reserve decreases due to rising equity markets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium from the sale of both fixed-indexed and
          variable-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net transfers to separate accounts: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and increased due to increased premium from Index Advantage Income&#174;.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gain increased due to gains on derivatives hedging fixed-indexed annuities, partially offset by losses on derivatives hedging variable-indexed annuity product
          liabilities as a result of an increase in equity markets.</font></div>
      <div style="height:63pt;position:relative;width:100%">
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          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 10 of 22</font></div>
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      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss): </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized capital losses are primarily due to losses on derivatives used to hedge product liabilities on fixed-indexed annuities and variable-indexed annuities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Other change in capital and surplus increased due to the net deferred gain on new reinsurance agreements. Other favorable impacts include a change in deferred income taxes as a result of
          positive hedging impacts offset by a change in AVR that decreased capital and surplus as a result of the growth of our investment portfolio.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Life</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
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              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.384%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,447&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,363&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,115&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">248&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment
                  income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">328&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">259&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">210&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">69&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">26.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense
                  adjustments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(23)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(26)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(866.7)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(133.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  income</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,753&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,602&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,330&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">151&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9.4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">272&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20.5&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and other
                  expenses:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">232&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">173&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">38&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  aggregate reserves</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">869&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,216&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">824&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(347)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(28.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">392&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and
                  commission</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">389&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">386&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">343&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">43&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,490&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,796&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,340&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(306)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(17.0)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax income (loss)</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">263&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(194)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(10)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">457&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">235.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(184)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,840.0)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax
                  (benefit) expense</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(401)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">401&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(401)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized capital (loss) gain</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(297)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">77&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(634)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(188.1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">260&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">337.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss)
                  income</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(34)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">544&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">67&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(578)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(106.3)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">477&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">711.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  unrealized capital (loss) gain</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(95)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(86)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(955.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(139.1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in capital &amp; surplus</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,500.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">125.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in
                  capital &amp; surplus</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(143)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">536&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(679)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(126.7)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">450&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">523.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Not meaningful</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z527ecaf6c4984169973201da2a0f1163">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:34.774%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.420%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.424%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Life</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">First year
                  and renewal premiums</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,510&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,426&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,170&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">256&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">78,274&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">62,372&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">50,485&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,902&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,887&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">23.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">First year and renewal premiums and in-force amounts in the table above are
          for direct and assumed business. In-force amounts represent life insurance in-force on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2022, 2021 and 2020 is a
          result of continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are driven by
          policyholder charges, surrenders, and claims. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2022</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment net change in capital and surplus decreased primarily due
          to tax impacts and capital losses on derivatives driven by negative equity markets, partially offset by lower aggregate reserve impacts driven by lower index credits.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 11 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premiums and annuity considerations
          increased as a result of an increase in first year and renewal premiums </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">on Life Pro Plus Advantage</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a growing
          block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased primarily due to an increase in Life average invested assets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded reinsurance reserve and expense adjustments increased slightly as a result of ceded modified coinsurance reserves on certain Life products.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in surrender and death claim activity on a growing block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves decreased due to lower index credits as a result of the negative equity market performance in 2022, partially offset by an increase in premiums. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General and administrative and commission expense increased primarily due to an increase in allocated expenses.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital loss increased due to losses on derivatives used to hedge Life product liabilities as a result of negative equity markets in 2022.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in unrealized capital losses increased due to an increase in losses on derivatives hedging the Life product liabilities as a result of negative equity markets in 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus has a limited impact on the Life Segment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 Compared to Year Ended December&#160;31, 2020 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Life segment net change in capital and surplus increased primarily due
          to impacts from positive equity markets, and an increase in policy charges and net investment income as a result of a growing and maturing block of business. This was partially offset by an increase in change in aggregate reserves and commissions
          expense which trends in line with the growing block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Premium and annuity considerations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Premiums and annuity considerations
          increased as a result of an increase in first year and renewal premiums </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">on Life Pro Plus Advantage</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:7pt;font-weight:400;line-height:120%">&#174;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> due to a growing
          block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased primarily due to an increase in Life average invested assets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Ceded reinsurance reserve and expense adjustments: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ceded reinsurance reserve and expense adjustments decreased as a result of ceded modified coinsurance reserves on certain Life products.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased primarily due to an increase in death claims and surrender activity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in aggregate reserves increased due to higher premiums and higher index credits as a result of the positive equity market performance in 2021</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">General and administrative and commission:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net realized capital (loss) gain: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gain increased due to the higher gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in 2021.</font></div>
      <div style="height:63pt;position:relative;width:100%">
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          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 12 of 22</font></div>
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      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in unrealized capital gain (loss):</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Change in unrealized capital losses increased due to an increase in losses on derivatives hedging the Life product liabilities.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Other change in capital and surplus: </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other change in capital and surplus decreased as a result of change in net deferred income taxes as result of hedging impacts.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Legacy</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Segment Results of Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z06d2e83ac1c0485bbb66a4642268ea70">

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              <td colspan="3" style="padding:0 1pt"><br>
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              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
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              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
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              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
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              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
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              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premium and annuity considerations</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">169&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">158&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net investment
                  income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">160&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">140&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">123&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">13.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ceded reinsurance reserve and expense
                  adjustments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(150.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total income</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">335&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">310&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">289&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8.1&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Benefits and
                  other expenses:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder benefits and surrenders</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">117&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  aggregate reserves</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">220&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">311&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">167&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(91)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(29.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">144&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">General and administrative and
                  commission</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">52&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61.5)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">92.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net transfers
                  to separate accounts</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total benefits and other expenses</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">355&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">459&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">289&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(104)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(22.7)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">170&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58.8&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Pretax
                  (loss) income</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(20)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(149)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">129&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">86.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(149)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax (benefit) expense</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(310)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">310&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(310)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net realized
                  capital gain (loss)</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 7pt 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NM*</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net (loss) income</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">161&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(169)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(105.0)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">163&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,150.0&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in unrealized capital gain (loss)</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">137.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(60.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other change in
                  capital &amp; surplus</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(800.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(50.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 16pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in capital &amp; surplus</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(166)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(107.8)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">159&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,180.0&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">*Not meaningful</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Selected Operating Performance Measures</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z1671e1d4915c41bbb10e977a76933956">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:35.060%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.382%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.384%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Legacy</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="margin-bottom:2pt;padding-left:20.25pt;padding-right:2.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Gross premiums written</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">266&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">258&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">257&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">In-force</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,421&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,611&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,796&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(190)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(185)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gross premium written in the table above are for direct and assumed
          business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2022 and 2021 with small movements due to
          assumed premium and rate increases outpacing decrements within LTC products. In-force amounts represent gross life insurance within our Special Markets products. The continued decline in in-force volume is attributable to the Legacy segment being
          a closed block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2022</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Compared to</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">The Legacy segment unfavorable change in capital and surplus was driven by
          decrease in tax benefit as compared to the prior year, partially offset by lower deficiency reserves.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 13 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income:</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> Net investment income increased driven by growth in LTC reserves and higher allocated yields.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves decreased driven by lower increase in LTC premium deficiency reserves in 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%; padding-left: 14.5pt;">Change in unrealized capital gain (losses): </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Change in unrealized capital gains increased driven </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">by unrealized gains on credit default swaps. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Year Ended December&#160;31, 2021 Compared to Year Ended December&#160;31, 2020 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">The Legacy segment favorable change in capital and surplus was driven a tax
          benefit, partially offset by increases in deficiency reserves.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Net investment income: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net investment income increased driven by growth in LTC reserves on the aging block of business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Benefits and Other Expenses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Policyholder benefits and surrenders</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Change in aggregate reserves: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Change in aggregate reserves increased driven by additional LTC premium deficiency reserves in 2021 and unfavorable impacts of higher claim reserve and active life reserves.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Income tax expense (benefit)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 144%;">Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:18pt;text-align:justify;text-indent:-18pt"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 144%; padding-left: 14.5pt;">Change in unrealized capital gain (losses): </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">Change in unrealized capital losses increased driven </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 144%;">by unrealized losses on credit default swaps. </font></div>
      <div><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Dividends</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.107%" id="z2a6a79ef3f1244e3854757f190f9ef5e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:22.924%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.110%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.116%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Year ended December&#160;31,</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Increase
                  (decrease) and % change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022 - 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021 - 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital and Surplus:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 15.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends to parent</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,200)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">455.6&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(150)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(120.0)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We are required to meet minimum statutory capital and surplus requirements.
          Our statutory capital and surplus as of December&#160;31, 2022 and 2021, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval
          of the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
          annual statement. In </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 14 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">accordance with Minnesota Statutes, the Company may declare and pay from
          its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations before net realized capital gain of the insurer for the 12-month period ending the 31st day of the
          next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Commissioner of Commerce.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Financial Condition</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Investment Strategy</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Our investment strategy focuses on
          diversification by asset class. We seek to achieve economic diversification, while limiting overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio
          diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in
          estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return
          preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with
          contractholder liability cash flows and duration. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents the investment portfolio at December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt;padding-left:2.25pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.255%" id="z5369c71557814f569601bff8ff0d6768">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.831%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.892%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.742%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.892%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.549%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.896%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,817&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76.4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment in
                  subsidiaries</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,442&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,477&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans on real
                  estate</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,154&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash
                  equivalents</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,215&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy loans</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">267&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative assets</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,682&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other invested assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,504&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,834&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash
                  and invested assets</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122,829&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Bonds</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Refer to Note 5 of the audited Statutory Financial Statements for
          information regarding the nature of our portfolio of bonds. The tables below presents the NAIC rating for the Company's bond portfolio at December&#160;31, 2022 and 2021. </font></div>
      <div style="margin-bottom:1pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="z8a2a947cfbe84148b65c99e09a10c885">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.052%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.804%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,251&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,893&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,223&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  grade</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76,474&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87,144&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,484&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,648&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.8&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">234&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">264&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                  investment grade</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,795&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.2&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">78,269&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 15 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="zbd06cb87e0c54a2a85cd6f1becf53707">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.052%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.803%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.804%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,937&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52,287&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,792&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,053&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  grade</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101,729&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91,340&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">97.4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,470&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,242&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">187&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below
                  investment grade</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,684&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,477&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104,413&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,817&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Sub-prime and Alt-A Mortgage Exposure</font></div>
      <div style="text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the high
          quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by residential
          mortgage collateral which is not clearly identifiable as prime or sub-prime.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commercial Mortgage-backed, Asset-backed, and
          Residential Mortgage-backed Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Commercial mortgage-backed securities (CMBS) represent pools of commercial
          mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC class and vintage year as of December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z390bd3f1e83f407281db10e8fd68fc4e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,093&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">557&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">955&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,365&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,096&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,096&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="zd48b8eb67ee14b64bfada3c270681340">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,725&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">597&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">365&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,426&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,405&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,936&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,729&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,729&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Asset backed security (ABS) holdings consist primarily of aircraft leases,
          credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or other limits. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 16 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to other ABS holdings by NAIC
          class and vintage year as of December&#160;31: </font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z04be25f8ad5f4237bf4b871853b66d62">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,556&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,782&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.4&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,476&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">593&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">519&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,489&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,859&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,859&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z2eec4e385ad54d93b7882bb4efee3764">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,823&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,600&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,470&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">610&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">583&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">147&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">903&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">818&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,514&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,514&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of residential
          mortgage loans made to non-prime borrowers, diversified across geographies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table summarizes our exposure to NA RMBS holdings by NAIC
          class and vintage year as of December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="zedc9f80b670849329df8fb00baa71ddf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">194&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.553%" id="z87a3977b74f647fcb653db81ac0bd9ed">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.399%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.547%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="24" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">NAIC Classes</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Vintage</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized Cost</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">206&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.3&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2020</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2019</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2018</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 and prior</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">214&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">214&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">214&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 17 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized investment losses on bonds, for investment grade (NAIC classes
          1-2) and below investment grade (NAIC classes 3-6) securities by duration are as follows at December&#160;31: </font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="zb309a71d3f7c486e82f152b739f78177">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.138%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.784%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below Investment
                  Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve months or less
                  below carrying value</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,543&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75.6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than twelve
                  months below carrying value</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,548&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.5&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,091&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.1&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">216&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="z57db7a3fa48d4eddab77b95e83ad5b65">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.138%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.784%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Below Investment
                  Grade</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Twelve months or less
                  below carrying value</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">239&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66.1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.9&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">More than twelve
                  months below carrying value</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">318&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements for additional
          disclosures in regards to unrealized investment losses on bonds. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other-than-temporary impairments, by market sector, for impairments
          included in the Statutory Statements of Operations, were as follows at December&#160;31: </font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="zf9f9b64dd32c4171ba4be4c2f01978ea">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.138%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.784%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                  Securities</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Impairment</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">No. of
                  Securities</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Partnerships</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial mortgage
                  loans</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate securities</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Refer to Note 6 of the audited Statutory Financial Statements for
          information regarding the fair value and fair value hierarchy level of our financial instruments. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Mortgage Loans on Real Estate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements and Schedules for
          information regarding Mortgage Loans on Real Estate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
          measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the most
          recently received financial statements from the debtor, is calculated as the amount of the property&#8217;s net income divided by the debt service payments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 5 of the audited Statutory Financial Statements for additional
          information relating to LTV and DSC ratios.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 18 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing mortgage loans are geographically dispersed
          throughout the United States as follows at December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="zf2475ab9327b4b97a6176afcbd1a441c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.885%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.825%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.828%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial mortgage
                  loans by region</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East North
                  Central</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">448&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,442&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East South
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,429&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">399&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Middle
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,303&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,352&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mountain</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,539&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New England</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">576&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">678&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pacific</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,439&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,493&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">South
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,574&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,520&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West North
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">984&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">887&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West South
                  Central</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,457&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,438&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  commercial mortgage loans</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,748&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="z9d971bd46c494f4c8bab4346d434d9ba">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.885%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.825%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.828%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Residential mortgage
                  loans by region</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East North
                  Central</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">East South
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Middle
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">441&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">233&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mountain</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">176&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New England</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pacific</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">587&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">543&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">South
                  Atlantic</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">269&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">211&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West North
                  Central</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">West South
                  Central</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  residential mortgage loans</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,406&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Properties collateralizing commercial mortgage loans are diversified by
          property type as follows at December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.702%" id="zc0ac38bb3bca42c790e12d953fca6d81">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.810%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.362%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.546%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.366%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross Carry
                  Value</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">% of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage loans by
                  property type</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Industrial</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,018&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,985&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retail</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,480&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,549&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,748&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,927&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Apartments</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,609&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,287&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,748&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Liquidity and Capital Resources</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Overview</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s liquidity requirements are generally met through funds
          provided by investment income, receipt of insurance premiums, M&amp;E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has access to funding through securities lending under which
          the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a member of the Federal Home Loan Bank (FHLB) of Des Moines,
          which provides access to collateralized borrowings.&#160; Funding from the FHLB is collateralized with bonds from the Company&#8217;s general account investment portfolio. </font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 19 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance may play a key role in funding the Company&#8217;s continued growth,
          and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future profitability
          takes precedence over retaining a large percentage of risk. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not utilize the capital markets as a source of capital.
          Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department, as appropriate.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary uses of funds are policy benefits, commissions, other
          product-related acquisition costs, investment purchases, operating expenses, and dividends to AZOA. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Financial Ratings and Strength</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color:#000000;font-family:'Arial',sans-serif;font-size:9pt;font-weight:400;line-height:120%">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.85pt;">Standard &amp; Poor&#8217;s&#160;&#160;&#160;&#160;AA (Very Strong)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">Moody&#8217;s&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A1 (Good)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">AM Best&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A+ (Superior)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Financial strength ratings are based upon an independent review of the
          Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its final rating.
          Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Cash Flows</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table sets forth information from our Statutory Statements of
          Cash Flows for the years ended December&#160;31:</font></div>
      <div style="margin-bottom:6pt;margin-top:11pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.107%" id="zde2d4e0636e345afa488033daf136e4e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:56.407%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.563%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.113%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.550%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.263%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.554%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by
                  (used in) operating activities</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,205&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,241)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,701&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash provided by (used in) investing
                  activities</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,538&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,240)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net cash (used in)
                  provided by financing and miscellaneous activities</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,212)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,008&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,419)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net change in cash, cash
                  equivalents, and short-term investments</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(983)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,305&#160;</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(958)</font></td>
              <td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:1pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We have the funds necessary to meet the capital requirements of all states
          in which we do business, and to support our operations.</font></div>
      <div style="margin-bottom:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash provided by operating activities in 2022 as compared to 2021 is
          primarily due to a decrease in benefits and loss-related payments as a result of ceded coinsurance reserves in 2021. The increase in net cash used in operating activities in 2021 as compared to 2020 is primarily due to an increase in benefits and
          loss-related payments as a result of ceded coinsurance reserves, and higher transfers to separate accounts due to higher variable-indexed premium</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These impacts were partially offset by an increase in premiums,
          higher commission and expense allowances on reinsurance ceded, and continued growth in investment income due to higher invested assets driven by positive cash flows. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The decrease in net cash provided by investing activities in 2022 as
          compared to 2021 is driven by lower net bond sales, and a decrease in proceeds from hedging results driven by market impacts. The increase in net cash provided by investing activities in 2021 as compared to 2020 is driven by higher net bond sales
          as a result of ceded coinsurance assets, and an increase in proceeds from hedging results driven by market impacts, partially offset by net mortgage loans and other investment assets purchased. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The increase in net cash used in financing and miscellaneous activities in
          2022 compared to 2021 is primarily driven by an increase in dividends paid to AZOA. The increase in net cash provided by financing and miscellaneous activities in 2021 compared to 2020 is primarily driven by ceding commission on new reinsurance
          agreements, partially offset by an increase in dividends paid to AZOA in 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 20 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Risk-Based Capital</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">See Note 17 of the audited Statutory Financial Statements for information
          regarding the Risk-Based Capital (RBC). The Company's RBC ratio significantly exceeds required minimum thresholds as of December&#160;31, 2022 and 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Commitments &amp; Contingencies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has guarantees to provide for the maintenance of certain
          subsidiary&#8217;s regulatory capital and surplus levels and has limited partnerships and private placement investments that require a commitment of capital. See Note 21 of the audited Statutory Financial Statements for information regarding
          commitments and contingencies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has mortgage notes payable; see Note 7 of the audited Statutory
          Financial Statements for additional information.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has contractual obligations in the form of Policyholder
          liabilities; see Notes 12 through 14 of the audited Statutory Financial Statements for additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Off-Balance Sheet Arrangements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have any off-balance sheet transactions, arrangements
          or other relationships that management believes would be reasonably likely to have a material effect on the Company&#8217;s liquidity or capital position.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes derivatives for which the company is either required
          to settle variation margin or post collateral; see Note 5 of the audited Statutory Financial Statements for additional information regarding derivative collateral management.</font></div>
      <div style="height:63pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-top: 3pt;"><br>
          </div>
          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
          <div style="margin-bottom: 3pt; margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Page 21 of 22</font></div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:45pt;width:100%">
        <div><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Item&#160;11(j).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Quantitative and Qualitative Disclosures about Market Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Market risk is the risk of the loss of fair value resulting from adverse
          changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. Refer to Note 4 of
          the audited Statutory Financial Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Sensitivity Analysis</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To assess the impact of changes in interest rate and equity markets, we
          perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices constant.
          To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity
          prices by a hypothetical 15%.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to interest rate changes is to measure the
          potential change in the statutory value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates
          would cause our post-tax income to decrease by $63 as of December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">We also examined the impact on post-tax income due to a hypothetical
          decrease in interest rates of 50 bps across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by $58 as of December&#160;31, 2022. Note that the
          impacts referenced reflect the net hedge impact and do not include any economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Equity Market Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">One means of assessing exposure to changes in equity market prices is to
          estimate the potential changes in post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income
          to decrease by $245, while an increase in equity market prices would cause our post-tax income to increase by $251 based on our equity exposure as of December&#160;31, 2022. Note that the impacts referenced reflect the net hedge impact and do not
          include any economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.</font></div>
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          <div style="margin-top: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:144%">Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)</font></div>
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      <div style="margin-bottom: 6pt; margin-top: 237pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
      <div style="margin-bottom: 6pt; margin-top: 12pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">Statutory Financial Statements</font></div>
      <div style="margin-bottom: 6pt; margin-top: 12pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">December&#160;31, 2022 and 2021</font></div>
      <div style="margin-bottom: 6pt; margin-top: 12pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:14pt;font-weight:400;line-height:120%">(With Report of Independent Auditors Thereon)</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
        </div>
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      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 115%;">Report of Independent Auditors</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">To the Board of Directors of Allianz Life Insurance Company of North America</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 112%;">Opinions</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of North America (the "Company"),
          which comprise the statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022 and 2021, and the related statutory statements of operations, of capital and surplus, and of cash flow for each of the three
          years in the period ended December 31, 2022, including the related notes (collectively referred to as the "financial statements").</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 112%;">Unmodified Opinion on Statutory Basis of Accounting</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">In our opinion, the accompanying financial statements present fairly, in all material respects, the admitted assets, liabilities and
          capital and surplus of the Company as of December 31, 2022 and 2021, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2022, in accordance with the accounting practices prescribed or
          permitted by the Minnesota Department of Commerce Insurance Division described in Note 2.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 112%;">Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">In our opinion, because of the significance of the matter discussed in the Basis for Adverse Opinion on U.S. Generally Accepted
          Accounting Principles section of our report, the accompanying financial statements do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of
          December 31, 2022 and 2021, or the results of its operations or its cash flows for each of the three years in the period ended December 31, 2022.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 112%;">Basis for Opinions</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">We conducted our audit in accordance with auditing standards generally accepted in the United States of America (US GAAS). Our
          responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical
          responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 112%;">Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the accounting
          practices prescribed or permitted by the Minnesota Department of Commerce Insurance Division, which is a basis of accounting other than accounting principles generally accepted in the United States of America.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2 and accounting
          principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 112%;">Responsibilities of Management for the Financial Statements</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting
          practices prescribed or permitted by the Minnesota Department of Commerce Insurance Division. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of
          financial statements that are free from material misstatement, whether due to fraud or error.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the
          aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for one year after the date the financial statements are available to be issued.</font></div>
      <div><br>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 1 of 67</font></div>
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      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 112%;">Auditors' Responsibilities for the Audit of the Financial Statements</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
          misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in
          accordance with US GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
          intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a
          reasonable user based on the financial statements. </font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">In performing an audit in accordance with US GAAS, we:</font></div>
      <div style="padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">a.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%; padding-left: 11.07pt;">Exercise professional judgment and maintain professional skepticism throughout the audit.</font></div>
      <div style="padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">b.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%; padding-left: 10.5pt;">Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such
          procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.</font></div>
      <div style="padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">c.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%; padding-left: 11.07pt;">Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an
          opinion on the effectiveness of the Company's internal control. Accordingly, no such opinion is expressed.</font></div>
      <div style="padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">d.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%; padding-left: 10.5pt;">Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of
          the financial statements.</font></div>
      <div style="padding-left:36pt;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">e.</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%; padding-left: 11.07pt;">Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern
          for a reasonable period of time.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the
          audit, significant audit findings, and certain internal control-related matters that we identified during the audit.</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">/s/PricewaterhouseCoopers LLP</font></div>
      <div><br>
      </div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">Minneapolis, Minnesota</font></div>
      <div><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 112%;">April 7, 2023</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 2 of 67</font></div>
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        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">December&#160;31, 2022 and 2021</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data)</font></div>
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        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="zc3c18b1bfd3141ebb9c3025f2852b8e6">

            <tr>
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              </td>
              <td style="width:57.767%"><br>
              </td>
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              </td>
              <td style="width:1.0%"><br>
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              <td style="width:4.414%"><br>
              </td>
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              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
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              </td>
              <td style="width:0.545%"><br>
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              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
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              <td style="width:0.1%"><br>
              </td>
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            <tr>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Admitted Assets</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and invested
                  assets:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,817&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  in subsidiaries</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,442&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,477&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,154&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real
                  estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash
                  equivalents and short-term investments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,215&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy
                  loans</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">309&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">267&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,682&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,504&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,834&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total cash
                  and invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,664&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122,829&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment income due
                  and accrued</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,273&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">947&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current federal and
                  foreign income tax recoverable</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">270&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax asset,
                  net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">379&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">487&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,035&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">993&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Admitted
                  assets, exclusive of separate account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">118,621&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,256&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  admitted assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,535&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 3 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">December&#160;31, 2022 and 2021</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data)</font></div>
        <div><br>
        </div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="ze29eb178ed834cce9c3f92dc6500f087">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:57.767%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:4.414%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.336%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.338%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities and Capital and Surplus</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder
                  liabilities:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  policies and annuity contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98,386&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96,980&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health policies</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,440&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,227&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,577&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  policy and contract claims</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health policy and contract claims</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  policyholder funds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">138&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  policyholder liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,229&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,933&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest maintenance
                  reserve</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">172&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">267&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General expenses due
                  and accrued</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">196&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">245&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due from separate
                  accounts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(751)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(635)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current income taxes
                  payable</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">482&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Borrowed money</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,010&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,001&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asset valuation
                  reserve</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,266&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,148&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">747&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,023&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,135&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,087&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Liabilities,
                  exclusive of separate account liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,106&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114,551&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate account
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,608&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,830&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and surplus:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A,
                  Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $10 and $4 at December 31, 2022 and 2021, respectively</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A, Series B preferred stock,
                  $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $12 and $5 at December 31, 2022 and 2021, respectively</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common
                  stock, $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at December 31, 2022 and 2021, respectively</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional paid-in capital</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,676&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Special
                  surplus funds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(301)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,437)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unassigned
                  surplus</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,101&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,427&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total capital
                  and surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities and capital and surplus</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,123&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">173,535&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying notes
                  to statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 4 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Operations</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2022, 2021, and 2020</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="z3128d1c5f03d4b148b6b6e03a5c279c5">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:49.792%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:2.776%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.780%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.544%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.784%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums
                  and annuity considerations</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,288&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,125&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,346&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Consideration







                  for supplementary contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">166&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">196&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  investment income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,544&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,866&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions







                  and expense allowances on reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">649&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,093&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(38)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserve
                  adjustments related to reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,194)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(454)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(503)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(32)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">694&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,411&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,338&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,622&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Benefits and other
                  expenses:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policyholder







                  benefits</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,846&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,076&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,926&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Surrenders</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,653&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,800&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,417&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  aggregate reserves and deposit funds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,113&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,316&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,465&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commissions







                  and other agent compensation</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,539&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,480&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,139&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General
                  and administrative expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">697&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">715&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  transfers to separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,732&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,424&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  benefits and other expenses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,580&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,811&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,007&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;text-indent:-9pt;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income from operations before federal income taxes and net realized capital gain</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,831&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">527&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">615&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax (benefit)
                  expense</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 46pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income
                  (loss) from operations before net realized capital gain</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,833&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(564)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">597&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net realized
                  capital (loss) gain, net of taxes and interest maintenance reserve</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,986)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,856&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,292&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying notes
                  to statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 5 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Capital and Surplus</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2022, 2021, and 2020</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%" id="zf0087c0294e448c8b6aa49cae346ac0e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:51.648%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.610%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.542%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.610%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.542%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.614%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital and
                  surplus at beginning of year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,954&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change due
                  to correction of accounting error (Note 3)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  reserve on account of change in valuation basis (Note 3)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted
                  balance at beginning of year</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,701&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,953&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,292&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">739&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  unrealized capital (loss) gain</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(516)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(142)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(61)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  net deferred income tax</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">215&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  asset valuation reserve</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(118)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(165)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(88)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends
                  paid to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in
                  unamortized gain on reinsurance transactions</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(254)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,737&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(162)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  changes in capital and surplus</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(103)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(33)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Capital
                  and surplus at end of year</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,515&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,705&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,661&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">See accompanying notes
                  to statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 6 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div><br>
        </div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Statutory Statements of Cash Flow</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Years ended December&#160;31, 2022, 2021, and 2020</font></div>
        <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:99.851%" id="zb61dc0f052bc4120809a376264f5532c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:60.897%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.822%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.822%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.545%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.824%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                  operating activities:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Revenues:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Premiums
                  and annuity considerations, net</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,427&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,291&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,543&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                  investment income</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,352&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,069&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">4,990&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions
                  and expense allowances on reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">333&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">385&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">36&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fees from
                  separate accounts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">488&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">567&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">148&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">256&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">217&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash provided
                  by operating activities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,748&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20,575&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16,353&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefits
                  and expenses paid:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Benefit and
                  loss-related payments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,619&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,238&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">9,513&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                  transfers to separate accounts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,849&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,766&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,128&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Commissions,







                  expenses paid, and aggregate write-ins for deductions</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,459&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,119&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,727&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Income tax
                  paid, net</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">616&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">709&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">290&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash used in
                  operating activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,543&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24,816&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12,652&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                  provided by (used in) operating activities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,205&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,241)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,701&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                  investing activities:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Proceeds
                  from investments sold, matured or repaid:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">19,619&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">30,622&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,935&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">98&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">282&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">147&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage
                  loans</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,403&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,806&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,024&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">154&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">60&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,213&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">861&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous







                  proceeds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">893&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">35&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash provided
                  by investing activities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22,172&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">34,042&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11,029&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cost of
                  investments acquired:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15,529&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24,350&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,885&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">107&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">292&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">230&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Mortgage
                  loans</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,030&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,347&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,482&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">549&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">408&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,881&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous







                  applications</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">78&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">485&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash used in
                  investing activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22,107&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">28,492&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14,248&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net
                  increase in policy loans and premium notes</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash
                  provided by (used in) investing activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,538&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3,240)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash flow from
                  financing and miscellaneous activities:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  borrowed money</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">500&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Payments on
                  deposit-type contracts and other insurance liabilities, net of deposits</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,203)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,264)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,290)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends
                  paid to parent</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,100)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(900)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(750)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other cash
                  (used) provided</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(909)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,672&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">121&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net cash (used
                  in) provided by financing and miscellaneous activities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6,212)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,008&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,419)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net change in
                  cash, cash equivalents, and short-term investments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(983)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,305&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(958)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Cash, cash equivalents,
                  and short-term investments:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Beginning
                  of year</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,215&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">910&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,868&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">End of year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2,232&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3,215&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">910&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">See accompanying notes
                  to statutory financial statements.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 7 of 67</font></div>
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      <hr style="page-break-after:always">
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        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Organization and Nature of Operations</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Life Insurance Company of North America (the
          Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European
          company registered in Munich, Germany, and is the Company&#8217;s ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a captive reinsurer,
          Allianz Life Insurance Company of Missouri (AZMO). </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a life insurance company licensed to sell
          annuity, group and individual life, and group and individual accident and health policies in the United States, Canada, and several U.S.&#160;territories. Based on statutory net premium written, the Company's business is predominately annuity. The
          annuity business consists of fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits and consists
          principally of fixed-indexed universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of long-term care
          (LTC) insurance. The Company&#8217;s primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">After evaluating the Company&#8217;s ability to continue as a
          going concern, management is not aware of any conditions or events which raise substantial doubt concerning the Company&#8217;s ability to continue as a going concern as of the date of filing these Statutory Financial Statements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(2)&#160;&#160;&#160;&#160;Summary of Significant Accounting Policies</font></div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Basis of Presentation</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Statutory Financial Statements have been prepared in
          accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the&#160;Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
          reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Practices and Procedures Manual</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC
          SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial
          Statements. The more significant of these differences are as follows: </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Acquisition costs, such as
          commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance
          contracts are capitalized and charged to operations as the corresponding revenues or future profits are recognized.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(2)&#160;&#160;&#160;&#160;Aggregate reserves for life
          policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(3)&#160;&#160;&#160;&#160;Certain reinsurance
          transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(4)&#160;&#160;&#160;&#160;Ceded reinsurance recoverable
          are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S.
          GAAP, these ceded reserves are presented on a gross basis as an asset.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 8 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
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      </div>
      <hr style="page-break-after:always">
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        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(5)&#160;&#160;&#160;&#160;The Company reinsures a portion
          of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income as future
          earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing period of the
          policies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(6)&#160;&#160;&#160;&#160;Bonds are carried at values
          prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as &#8220;available-for-sale&#8221; are carried at fair value,
          with unrealized gains and losses recorded in stockholder&#8217;s equity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (7)&#160;&#160;&#160;&#160;Changes in deferred income
          taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are generally recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred
          tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(8)&#160;&#160;&#160;&#160;Investments in subsidiaries are
          carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under U.S. GAAP, wholly owned
          subsidiary results are consolidated.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(9)&#160;&#160;&#160;&#160;The Company is required to
          establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded
          as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses, net of tax, resulting from changes in the level of prevailing market interest rates and amortize them into income within the
          Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(10)&#160;&#160;&#160;&#160;Canadian asset and liability
          amounts are expressed in Canadian dollars without foreign exchange translation into U.S.&#160;dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
          with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S.&#160;dollars, with any translation adjustment recorded to
          stockholder&#8217;s equity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(11)&#160;&#160;&#160;&#160;Certain assets designated as
          &#8220;nonadmitted assets&#8221; are not recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and affiliated
          (SCA) entities, electronic data processing (EDP) software, portions of goodwill, furniture and fixtures, prepaid expenses, receivables outstanding greater than 90&#160;days, and portions of DTAs. There is no such concept under U.S. GAAP. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(12)&#160;&#160;&#160;&#160;A provision is made for amounts
          ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S.
          GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(13)&#160;&#160;&#160;&#160;Revenues for universal life
          policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy
          administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 9 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
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      <hr style="page-break-after:always">
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        <div><br>
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        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(14)&#160;&#160;&#160;&#160;Benefits for universal life
          policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in
          excess of the policyholder&#8217;s contract balance.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(15)&#160;&#160;&#160;&#160;Derivatives are reported at
          fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair value of
          derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus. For derivatives
          reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus,
          for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value of derivatives are recorded
          in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(16)&#160;&#160;&#160;&#160;Commissions allowed by
          reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
          recoverable.&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(17)&#160;&#160;&#160;&#160;The Statutory Financial
          Statements do not include a statement of comprehensive income as required under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(18)&#160;&#160;&#160;&#160;The Statutory Statements of
          Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(19)&#160;&#160;&#160;&#160;The calculation of reserves and
          transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(20)&#160;&#160;&#160;&#160;Sales inducements and premium
          bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and
          premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations as future profits are recognized in a manner similar to acquisition costs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(21)&#160;&#160;&#160;&#160;Negative cash balances are
          presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(22)&#160;&#160;&#160;&#160;Embedded derivatives are not
          separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:81pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(23)&#160;&#160;&#160;&#160;For certain annuity products
          with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and liabilities are
          required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 10 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Permitted and Prescribed Statutory
          Accounting Practices</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is required to file annual statements with
          insurance regulatory authorities, which are prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as well as a
          variety of publications of the NAIC. Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a state, and may change
          in the future. The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of December&#160;31, 2022, 2021, and 2020.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s subsidiary, AZMO, has adopted an accounting
          practice that is prescribed by the Department of Insurance, Financial Institutions, and Professional Registration of the State of Missouri (the Missouri Department). The effect of the accounting practice allows a letter of credit to be carried as
          an admitted asset. The balance of the letter of credit asset at December&#160;31, 2022 and 2021 was $117 and $110, respectively. Under NAIC SAP, this letter of credit would not be allowed as an admitted asset. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">This prescribed practice does not impact the net income
          of AZMO and results in increases to surplus of $117 and $110 as of December&#160;31, 2022 and 2021, respectively. The Company&#8217;s carrying value of its investment in AZMO per the audited statutory surplus was $395 and $371, and the carrying value of its
          investment in AZMO would have been $278 and $261 if AZMO had completed Statutory Financial Statements in accordance with the NAIC SAP as of December&#160;31, 2022 and 2021, respectively. AZMO maintains an adequate amount of surplus such that if it had
          not adopted the prescribed practice, surplus would still exceed the risk-based capital requirements. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Use of Estimates</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The preparation of Statutory Financial Statements in
          conformity with NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December&#160;31, 2022
          and 2021, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
          estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Premiums and Annuity Considerations</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Life premiums are recognized as income over the premium
          paying period of the related policies. Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts or policies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Aggregate Reserves for Life Policies
          and Annuity Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserves are principally calculated as the minimum
          reserves permitted by the state where the contract is issued for the year in which the contract is issued.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the Company&#8217;s fixed annuity product lines, reserves
          are calculated using CARVM. The Company uses both issue year and change in fund basis for the calculation method, on a curtate basis, using the maximum allowable interest rate. Deferred fixed-interest and fixed-indexed annuities typically have a
          two-tier structure to encourage annuitization, or a single-tier structure, which may include a market value adjustment. Either two-tier or single-tier annuities may include bonuses. </font></div>
      <div style="margin-bottom:6pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the Company&#8217;s variable and variable-indexed annuity
          product lines, reserves are calculated using VM-21, </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Requirements for Principle-Based Reserves for Variable
          Annuities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (VM-21). Variable deferred annuities include a wide range of guaranteed minimum death benefits and living benefits
          (income, accumulation, and withdrawal).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserves for immediate annuities are calculated using
          current prescribed mortality tables.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 11 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Aggregate reserves for life insurance policies are
          principally calculated using the Commissioners Reserve Valuation Method (CRVM) or VM-20, </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Requirements for
          Principle-Based Reserves for Life Products</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, depending on the policy's issue date. Additional reserves are held for supplemental
          benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial guidelines. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company performs an annual asset adequacy analysis as
          required by regulation covering substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth scenarios. Sensitivity
          tests, including policy lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy. The results of these tests and analysis resulted in $0 of additional reserves at
          December&#160;31, 2022 and 2021, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Aggregate Reserves for Accident and
          Health Policies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For accident and health business, reserves consist of
          active life reserves (mainly reserves for unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the&#160;present value of amounts not yet due). Claim reserves represent incurred but unpaid claims under
          group policies. For the LTC business, the asset adequacy analysis was performed through a gross premium valuation. At December&#160;31, 2022 and 2021, the results of these tests and analysis supported the establishment of additional reserves of $412
          and $329, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Deposit-type Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Deposit-type contracts represent liabilities to
          policyholders in a payout status, who have chosen a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have
          insurance risk. The Company accounts for the contract as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Policy and Contract Claims</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policy and contract claims include the liability for
          claims reported but not yet paid, claims incurred but not yet reported (IBNR), and claim settlement expenses on the Company&#8217;s accident and health business. Actuarial reserve development methods are generally used in the determination of IBNR
          liabilities. In cases of limited experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim liabilities
          resulting from disability income or LTC benefits include interest and mortality discounting.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Reinsurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company assumes and cedes business with other
          insurers. Reinsurance premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from reinsurers
          represent account balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in Other assets on
          the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Included in Unassigned surplus is the gain recognized
          when the Company enters into a coinsurance, modified coinsurance (modco) or yearly renewable term (YRT) agreement on existing business. The gain is deferred and amortized into operations on a basis consistent with how the future earnings emerge
          on the underlying business. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reserve adjustments related to reinsurance ceded in the
          Statutory Statements of Operations include reserve changes received from a reinsurer on modco ceded. Under a modco agreement, the ceded reserves, and a portfolio of assets, remain on the Company's Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. The modco assets are considered restricted as they are not under the full control of the Company.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 12 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
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      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Investments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Investment values are determined in accordance with
          methods prescribed by the NAIC. </font></div>
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      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Bonds and Stocks</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Securities Valuation Office (SVO) of the NAIC
          evaluates the credit quality of the Company&#8217;s bond investments. Bonds rated at &#8220;1&#8221; (highest quality), &#8220;2&#8221; (high quality), &#8220;3&#8221; (medium quality), &#8220;4&#8221; (low quality), or &#8220;5&#8221; (lower quality) are reported at cost adjusted for the amortization of
          premiums, accretion of discounts, and any impairment. Bonds rated at &#8220;6&#8221; (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory Statements
          of Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In accordance with its investment policy, the Company
          invests primarily in high-grade marketable securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Loan-backed securities and structured securities are
          amortized using anticipated prepayments, in addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company believes these
          assumptions are consistent with those a market participant would use. The Company recognizes income using the modified scientific method based on prepayment assumptions and the estimated economic life of the securities. For structured securities,
          except for collateralized debt obligations (CDOs) and impaired bonds, when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to reflect actual payments to date and anticipated future
          payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations. For CDOs and impaired bonds, when adjustments are made for anticipated prepayments and other expected changes in
          future cash flows, the effective yield is recalculated using the prospective method as required by Statement of Statutory Accounting Principles (SSAP) No.&#160;43R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Loan Backed and Structured Securities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No.&#160;43R). </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Hybrid securities are investments structured to have
          characteristics of both stocks and bonds. The Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Common stocks, other than investments in subsidiaries and
          Federal Home Loan Bank (FHLB) stock, are carried at fair value. FHLB stock is carried at cost, which approximates fair value. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gross realized gains and losses are computed based on the
          average amortized cost of all lots held for a particular CUSIP. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of bonds and common stocks is obtained
          from third-party pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources used by the Company's
          internal and external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results of the IPV process are
          reviewed by the Company&#8217;s Pricing Committee.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company reviews its combined investment portfolio,
          including subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For bonds for which the fair value is less than amortized
          cost, the Company evaluates whether a credit loss exists by considering primarily the following factors: (a)&#160;the length of time and extent to which the fair value has been less than the amortized cost of the security; (b)&#160;changes in the financial
          condition, credit rating, and near-term prospects of the issuer; (c)&#160;whether the issuer is current on contractually obligated interest and principal payments; (d)&#160;changes in the financial condition of the security&#8217;s underlying collateral, if any;
          and (e)&#160;the payment structure of the security. For loan-backed securities, the Company must allocate other-than-</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 13 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">temporary impairments (OTTI) between interest and
          noninterest-related declines in fair value. Interest-related impairments are considered other than temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a
          prohibited disposal list that restricts the ability of the investment managers to sell securities in a significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain
          securities. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company evaluates whether equity securities are
          other-than-temporarily impaired through a review process which includes, but is not limited to, market analysis, analyzing current events, assessing recent price declines, and management&#8217;s judgment related to the likelihood of recovery within a
          reasonable period of time.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Impairments considered to be other-than-temporary are
          recorded as a reduction of the cost of the security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is subject to
          potential offset by AVR and IMR. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company holds certain cash equivalents which receive
          bond treatment based on their underlying securities. These are classified as Other assets receiving bond treatment in Note 5.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Investment in Subsidiaries</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Common stock of the Company&#8217;s insurance subsidiaries is
          carried at SAP capital and surplus, and investments in non-insurance subsidiaries are carried at U.S. GAAP equity value adjusted for certain items that are considered to be non-admitted. Unaudited subsidiaries are fully non-admitted.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Mortgage Loans on Real Estate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Mortgage loans on real estate, including commercial
          mortgage loans (CMLs) and residential mortgage loans (RMLs), are carried at the outstanding principal balance, adjusted for any impairment. The fair value of CMLs is calculated by analyzing individual loans and assigning ratings to each loan
          based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash flows of each loan and the current market interest rates for similar loans. The fair
          value of RMLs is calculated by discounting estimated cash flows, with discount rates based on current market conditions. The Company evaluates loans quarterly to assess whether there is an impairment based on the likelihood of receiving all
          contractual cash flows. The Company accounts for interest income on impaired loans on a cash basis. Interest accrual is discontinued for impaired loans and interest income is only recognized when received. Payments received on impaired loans are
          applied to accrued interest, and payments received in excess of accrued interest are applied to principal. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Real Estate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Real estate primarily represents the Company&#8217;s home
          office property, and is carried at depreciated cost less encumbrances in accordance with SSAP No. 40 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Real
          Estate Investments</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. Real estate income, including income received from home office property, is included in Net investment income
          on the Statutory Statements of Operations. Real estate, exclusive of land, is depreciated on a straight-line basis over estimated useful lives ranging from 3 to 40&#160;years. At December&#160;31, 2022 and 2021, accumulated depreciation was $83 and $79,
          respectively. Furthermore, as of December&#160;31, 2022 and 2021, real estate was presented net of encumbrances of $20 and $31, respectively, as discussed in Note 7. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had real estate classified as held for sale
          that was transferred from RMLs in the amount of $4 as of December&#160;31, 2021. Allianz Life sold these properties in 2022 and recognized a net gain of $1 at the time of sale.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Cash, Cash Equivalents and Short-term Investments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cash and cash equivalents may include cash on hand,
          demand deposits, money market funds, reverse repurchase agreements (repo), and highly liquid debt instruments purchased with an original maturity of three months or less. Due to the short-term nature of these investments, the carrying value is
          deemed to approximate fair value.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 14 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In the normal course of business, the Company enters into
          bilateral and tri-party repos, whereby the Company purchases securities and simultaneously agrees to resell the same securities at a stated price on a specified date in the future, for the purpose of earning a specified rate of return. An
          affiliate of the Company serves as the agent in the bilateral agreements and an unaffiliated bank serves as the custodian in the tri-party agreements. The bilateral agreements require purchases of specifically identified securities. If at any
          time the fair value of those purchased securities falls below the purchase price, additional collateral in the form of cash or additional securities is required to be transferred to ensure margin maintenance. The tri-party agreements allow for
          the purchase of certain bonds and structured securities, and require a minimum of 102% of fair value of the securities purchased to be maintained as collateral.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s repos are accounted for as collateralized
          lending in accordance with SSAP No.&#160;103R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Transfers and Servicing of Financial Assets and Extinguishments
          of Liabilities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 103R), whereby the amounts paid for the securities are reported as cash equivalents within Cash and cash
          equivalents on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The difference between the amount paid and the amount at which the securities will be resold is reported as interest income within Net investment
          income on the Statutory Statements of Operations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Policy Loans</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Policy loans are supported by the underlying cash value
          of the policies. Policy loans are carried at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess of the cash
          surrender values of the related policies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Other Invested Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in securities lending
          arrangements whereby specific securities are loaned to other institutions. The Company receives collateral from these arrangements including cash and cash equivalents, which can be reinvested based on the Company's discretion, and noncash
          collateral, which may not be sold or re-pledged unless the counterparty is in default. The Company accounts for its securities lending transactions as secured borrowings, in which the cash collateral received and the related obligation to return
          the cash collateral are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Noncash collateral received is not reflected on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. Securities on loan remain on the Company&#8217;s Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and interest and dividend income earned by the Company
          on loaned securities is recognized in Net investment income on the Statutory Statements of Operations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Company policy requires a minimum of 102% of fair value
          of securities loaned under securities lending agreements to be maintained as collateral.</font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> The Company's
          sources of cash used to return cash collateral is dependent upon the liquidity of current market conditions. The Company has policies in place to manage reinvested collateral at appropriate levels of liquidity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in low income housing tax credit
          (LIHTC) investments for tax benefits. In accordance with SSAP No. 93 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Low Income Housing Tax Credit
          Property Investments</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, the LIHTC investments are carried at cost and adjusted for amortization based on the proportion of total
          tax credits and other tax benefits expected to be received over the life of the investments. The Company records an asset for the full unfunded investment amount upon entering into a LIHTC agreement; amortization decreases the asset balance over
          time. A corresponding liability is recorded for the unfunded commitment balance beginning when the LIHTC investment is initially funded, which decreases as the Company provides capital to fund. The asset and liability are recorded in Other
          invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The tax benefit is recognized within Income tax expense within the Statutory Statements of Operations. The
          amortization of the investment is recorded as Net </font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 15 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">investment income and any impairments are included in Net
          realized capital gain (loss) within the Statutory Statements of Operations.</font></div>
      <div style="margin-bottom:10pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Receivables and payables for securities are carried at
          fair value on the trade date and represent a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are included in Other
          invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Derivatives</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes derivatives within certain actively
          managed investment portfolios for hedging purposes.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Hedge Accounting</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company elects hedge accounting under SSAP No. 86 and
          SSAP No. 108 for certain qualifying derivative instruments. To qualify for hedge accounting, at inception, the Company formally documents the risk management objective and strategy for undertaking the hedging transaction. The documentation links
          a specific derivative to a specific asset or liability on the Statutory Statements of Assets, Liabilities, and Capital and Surplus, identifies how the derivative is expected to offset the exposure to changes in the hedged item's fair value or
          variability in cash flows attributable to the designated hedge risk, and the effectiveness testing methods to be used. Hedge effectiveness is formally assessed at inception and on a quarterly basis throughout the life of the designated hedging
          relationships.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Hedge effectiveness is assessed using qualitative and
          quantitative methods. Qualitative methods may include comparison of critical terms of the derivative to the hedged item. Quantitative methods include analysis of changes in fair value or cash flows associated with the hedge relationship. Hedge
          effectiveness may be measured using either the dollar offset method or regression analysis. The dollar offset method compares changes in fair value or cash flows of the hedging instrument with changes in the fair value or cash flows of the hedged
          item attributable to the hedged risk. Regression analysis is a statistical technique used to measure the relationships between the fair values or cash flows of a derivative and a hedged item and how each reacts to changes in the designated hedge
          risk (i.e., interest rates, foreign currency rates). </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A derivative instrument is either classified as an
          effective hedge or an ineffective hedge. Entities must account for the derivative at fair value if deemed to be ineffective or becomes ineffective. For those derivatives qualifying as effective for hedge accounting under SSAP No. 86, the change
          in the carrying value or cash flow of the derivative shall be recorded consistently with the way that changes in the carrying value or cash flows of the hedged item are recorded. For those derivatives qualifying as effective for hedge accounting
          under SSAP No. 108, the derivative is carried at fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Foreign Currency Swaps</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes foreign currency swaps to hedge cash
          flows and applies hedge accounting. Specifically, the Company uses foreign currency swaps to hedge foreign currency and interest rate fluctuations on certain underlying foreign currency denominated fixed-maturity securities. The foreign currency
          swaps are reported at amortized cost from the date hedge accounting is designated and deemed to be effective, which is consistent with the accounting for the bonds that are the subject of the hedge accounting transactions. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Swaps on Variable
          Annuity Insurance Liabilities </font></div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes interest rate swaps (IRS) to hedge the interest rate risk on certain
          variable annuity</font></div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">guarantee benefits. These are accounted for as a cash flow hedge under SSAP No. 86 and a
          fair value hedge under SSAP No. 108.</font></div>
      <div style="padding-left:72pt;text-align:justify"><br>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to January 1, 2020, the Company had IRS that hedge the interest rate risk on certain
          variable annuity guarantee benefits held at amortized cost in accordance with SSAP No. 86. The initial book value of the IRS represented the book value created from inception until the designation of hedge accounting. These </font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 16 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">IRS were held at amortized cost and changes were recognized to the extent they offset
          changes in the AG43 reserve for the hedged item due to interest rate movement. The initial book value and subsequent changes due to the hedged item or realized gains or losses recorded under hedge accounting (hedge adjustment) are amortized over
          the duration of the hedge program, approximated by AG43 standard scenario revenues. </font></div>
      <div style="padding-left:72pt;text-align:justify"><br>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">Effective January 1, 2020, the Company de-designated its previous hedging relationship
          under SSAP No. 86 and simultaneously designated the hedging relationship described above under SSAP No. 108. The remaining balance of the SSAP No. 86 hedge adjustment is recorded within Other liabilities on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus, and will be amortized over the life of the former hedge program. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The table below represents the hedge adjustment balance
          under SSAP No. 86:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify;text-indent:36pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.435%" id="z0aad3f761f4b4e308cacf9fd17e9b064">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.653%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.583%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.464%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hedge adjustment
                  balance - beginning of year</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">455&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">513&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amount amortized into earnings during
                  the year</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(54)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(58)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Hedge adjustment
                  balance - end of year</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">401&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">455&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company designated the
          hedging relationship described above under SSAP No. 108. The hedged item consists of a portion of the Company's variable annuity block of business minimum benefit guarantees that are sensitive to interest rate movement. The hedged portion of the
          block is determined on a monthly basis based on the percentage of the economic liability being hedged. The related hedging instrument is a portfolio of interest rate swap derivatives which follows a dynamic hedging strategy. Changes in interest
          rates impact the present value of the future product cash flows.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company recognizes a net deferred asset or liability
          within Other assets or Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for fluctuations in fair value that do not offset the changes in the hedged liability. Beginning July 1,
          2021, the Company elected to amortize the deferred balance that existed as of June 30, 2021 over five years, in accordance with SSAP No. 108, paragraph 14.c. Changes in the deferred balance after July 1, 2021 will be amortized over the timeframe
          required under SSAP No. 108, paragraph 14, which is the Macaulay duration of guarantee benefit cash flows, capped at 10 years.</font></div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The hedge strategy is compliant with VM-21 Clearly Defined Hedge Strategy (CDHS)
          requirements and meets all the criteria to be defined as an effective hedge relationship as required by SSAP No. 108. The Company entered into this hedging relationship effective January 1, 2020 and no changes in hedging strategy have occurred
          since inception. Hedge effectiveness is measured in accordance with SSAP No. 108 on a quarterly basis, both prospectively and retrospectively, and remains highly effective as of December&#160;31, 2022. </font></div>
      <div style="padding-left:72pt"><br>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In accordance with SSAP No. 108, an amount equal to the net deferred asset and deferred
          liability is allocated from Unassigned funds to Special surplus funds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The following table shows the deferred activity for the years ended December&#160;31, 2022 and
          2021. </font></div>
      <div style="margin-top:9pt;padding-left:72pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:82.582%" id="z12c1c7258bb34250b14d9e84087686f7">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:56.354%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.172%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.174%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 2.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net deferred
                  liability - beginning of year</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,437&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,844&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(269)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(240)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additional
                  amounts deferred</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(868)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(167)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 2.5pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net deferred liability - end of year</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">300&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,437&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 17 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:9pt;margin-top:4pt;padding-left:72pt"><br>
      </div>
      <div style="margin-bottom:9pt;margin-top:4pt;padding-left:72pt"><br>
      </div>
      <div style="margin-bottom:9pt;margin-top:4pt;padding-left:72pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 107%;">The net deferred balance will amortize over the next 10 years, as shown
          below:</font></div>
      <div style="margin-bottom:6pt;padding-left:76.5pt;text-indent:9pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:57.207%" id="zc918caa9d2924f38a0acc66e930fa751">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:5.986%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:29.346%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:2.687%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:24.884%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:2.162%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:30.135%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortization year</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Deferred assets</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Deferred liabilities</font></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(276)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">501&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(276)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">501&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(276)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">501&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(183)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">255&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2027</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2028</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2029</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2030</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2031</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(89)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2032</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(43)</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,503)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,803&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The company did not have other changes related to open derivatives
          removed from SSAP No. 86 and captured in scope of SSAP No. 108 for the years ended December&#160;31, 2022 and 2021. During the years ended December&#160;31, 2022 and 2021, the fair value changes available for application under SSAP No. 108 was $(1,712) and
          $(694), respectively.</font></div>
      <div style="margin-bottom:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company did not have any hedging strategies identified as no longer
          highly effective and did not terminate any hedging strategies during the years ended December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Nonqualifying hedging</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Futures and Options Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company provides benefits through certain life and
          annuity products which are linked to the fluctuation of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has entered into
          over-the-counter (OTC) option contracts, exchange-traded option (ETO) contracts, and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these benefits. Management
          monitors in-force amounts as well as option and futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option and futures contracts as
          deemed appropriate or take other actions. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The OTC option contracts and ETO contracts are reported
          at fair value in Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to be reasonable
          via performing an IPV process. The process of deriving internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to
          calculate fair value prices for the derivatives. The fair value of the ETO contacts is based on quoted market prices. Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the Statutory Statements
          of Operations. The liability for the related policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized gain or loss on open OTC
          option contracts is recognized as a direct adjustment to Unassigned surplus within the Statutory Statements of </font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 18 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Capital and Surplus. Any unrealized gains or losses on
          open OTC option contracts are recognized as realized when the contracts mature (see Note&#160;5 for further discussion).</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Futures contracts do not require an initial cash outlay,
          and the Company has agreed to daily net settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting variation
          margin payable or receivable is recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing market movements
          on the last trading day of the year.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Gains and losses are not considered realized until the
          termination or expiration of the futures contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains (loss). Realized
          gains and losses on futures contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Interest Rate Swaps, Credit Default
          Swaps, Total Return Swaps, and To Be Announced Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes IRS, credit default swaps (CDS),
          total return swaps (TRS), and To Be Announced (TBA) securities to economically hedge market risks embedded in certain life and annuity products. The IRS, CDS, TRS and TBA securities are reported at fair value in Derivative assets or Derivative
          liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the IRS, CDS, and TBA securities are derived using a third-party vendor software program and deemed by management to be
          reasonable. Centrally cleared IRS fair values are obtained from the exchange on which they are traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains and losses on
          the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are disposed at which
          time they are recorded as realized, subject to offset by IMR. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;Corporate-Owned Life Insurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Corporate-owned life insurance (COLI) is recognized
          initially as the amount of premiums paid. Subsequent measurement of the contract is based upon the amount that could be realized assuming the surrender of an individual-life policy (or certificate in a group policy), otherwise known as the cash
          surrender value (CSV), in accordance with SSAP No.&#160;21 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Other Admitted Assets</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 21). Changes in CSV resulting from subsequent measurement of the contract are recognized as a component of Other income on the Statutory
          Statements of Operations. The Company&#8217;s COLI policies are reported in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(m)&#160;&#160;&#160;&#160;Borrowed Money</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is a member of the FHLB of Des Moines,
          primarily for the purpose of participating in the FHLB&#8217;s mortgage collateralized loan advance program with short-term and long-term funding facilities. Members are required to purchase and hold a minimum amount of FHLB capital stock plus
          additional stock based on outstanding advances. Through its membership, the Company has issued debt to the FHLB in exchange for cash advances. It is part of the Company&#8217;s strategy to utilize funds borrowed from the FHLB for operations and
          strategic initiatives. The Company&#8217;s current borrowings are not subject to prepayment obligations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Funds obtained from the FHLB and accrued interest are
          included within Borrowed money within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with SSAP No.&#160;15 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Debt and Holding Company Obligations</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. The collateral pledged to FHLB is reported as
          admitted assets within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with admissibility testing under SSAP No.&#160;30 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Unaffiliated Common Stock</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(n)&#160;&#160;&#160;&#160;Income Taxes</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 19 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company and its subsidiaries file a consolidated
          federal income tax return with AZOA and all of its wholly-owned subsidiaries. The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant to certain tax
          allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement. The Company, and its insurance subsidiaries, generally will be paid
          for the tax benefit of any of their tax attributes used by any member of the consolidated group.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company provides for federal income taxes based on
          amounts the Company believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate deductibility
          of certain items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and circumstances regarding tax
          exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns. Information considered includes results
          of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company utilizes the asset and liability method of
          accounting for income taxes. DTAs and deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets
          and liabilities and their respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the NAIC. Changes in DTAs and DTLs,
          including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(o)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Separate Accounts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Separate account assets and liabilities are primarily
          funds held for the exclusive benefit of variable and variable-indexed annuity contract holders. Separate account assets are reported at fair value in accordance with SSAP No.&#160;56 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Separate Accounts</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No.&#160;56), with the exception
          of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued. Certain assets that are allocated to the index options for the Allianz Index Advantage Variable
          Annuity (VIA), as listed above, are carried at amortized cost in accordance with the product filing requirements in the state of Minnesota.</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Amounts due from separate accounts primarily represent the difference between the
          surrender value of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the Company
          upon the surrender of the policy or contract by the policyholder or contract holder as of December&#160;31. Amounts charged to the contract holders for mortality and contract maintenance, and other administrative services fees are included in income
          within Fees from separate accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed
          and earned. Transfers to (from) separate accounts within the Statutory Statements of Operations primarily includes transfers for new premium and annuity considerations, benefit payments, surrender charge wear-off, realized and unrealized
          investment gains/losses, investment income, and other contractholder behavior.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(p)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Receivables</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Receivable balances approximate estimated fair values.
          This is based on pertinent information available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables. Any balances outstanding more than 90&#160;days are nonadmitted on the
          Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 20 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(q)&#160;&#160;&#160;&#160;Reclassifications</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior year balances have not been reclassified to conform
          to the current year presentation. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(3)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Accounting Changes and Corrections of Errors</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Accounting Changes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards &#8211; Adopted in 2022 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Not applicable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards
          &#8211; Adopted in 2021 </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In July 2020, the NAIC adopted revisions to SSAP No. 32R,
          Preferred Stock. The revisions update the definitions, measurement, and impairment guidance for various types of preferred stock and require perpetual preferred stock to be measured at fair value, not to exceed any currently effective call price,
          instead of at the lower of cost or fair value. The revisions were effective January 1, 2021. The implementation of these revisions on January 1, 2021 resulted in a pre-tax increase to surplus of $2. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2021, the NAIC extended the following interpretations
          (INT) in response to the COVID-19 pandemic:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 20-03, Troubled Debt Restructuring due to COVID-19. This INT followed the interagency COVID-19 guidance issued by federal and state
          prudential banking regulators (and concurred by the FASB) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms did not result in troubled debt restructurings as
          long as the modification was in response to COVID-19, the borrower was current at the time of the modification, and the modification was short-term. In addition, insurers were not required to designate mortgage loans or bank loans with deferrals
          granted due to COVID-19 as past due or report them as nonaccrual loans. This INT was effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating
          the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. This INT did not impact the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 20-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provided temporary guidance by allowing practical
          expedients when assessing whether modifications made to debt securities (under SSAP 26R and 43R) due to COVID-19 are insignificant. Specifically, the guidance proposed restructurings in response to COVID-19 are considered to be insignificant if
          the restructuring resulted in a 10% or less shortfall amount in the contractual amount due and did not extend the maturity of the investment by more than 3 years. This INT was effective for the period beginning March 1, 2020 and originally
          expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the
          President terminates. This INT did not impact the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In November 2021, the NAIC adopted revisions to SSAP No.
          43R, Loan Backed and Structured Securities. The revisions state that non-rated residual tranches currently classified as bonds should be reclassified to other invested assets, and held at lower of cost or market. The revisions are effective
          December 31, 2022, with early application permitted. The company has adopted these revisions, resulting in no change due to no non-rated residual tranches classified as bonds as of December 31, 2021. There was no impact on net income or surplus
          during the year-ended December 31, 2021, as a result of adopting the revisions.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 21 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards
          &#8211; Adopted in 2020</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company adopted VM-21, as
          the effective guidance under which the Company's variable and variable-indexed annuities reserves are calculated. Previously, the Company calculated these reserves using guidance found in AG43. VM-21 applies to business issued on or after January
          1, 2017. Under VM-21, during 2017, 2018, and 2019, the Company elected to combine contracts subject to AG43 and VM-21 for purposes of calculating reserves. In 2019, the NAIC adopted revisions to both AG43 and VM-21, effective January 1, 2020. The
          implementation of the 2019 revisions on January 1, 2020 resulted in a pre-tax increase of $1 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and
          Surplus and the corresponding decrease to surplus for the same amount is recorded through Change in reserve on account of change in valuation basis within the Statutory Statements of Capital and Surplus. The 2019 amendments allow an optional
          phase-in of the increase which the Company did not elect.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective January 1, 2020, the Company adopted SSAP No.
          108, the standard establishes statutory accounting principles to address certain limited derivative transactions hedging variable annuity guarantees subject to fluctuations as a result of interest rate sensitivity. The Company added all
          applicable new disclosures required by the standard; see Note 2(k) for further information. There were no impacts to net income or surplus during the year ended December 31, 2020, as a result of this adoption.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2016, the NAIC adopted revisions to SSAP No. 51R, Life
          Contracts and SSAP No. 54, Individual and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for principle-based
          reserving for Life and Heath contracts, and are effective January 1, 2017. The Valuation Manual provides the following revisions: 1) VM-20, Requirements for Principle-Based Reserves, for Life Products, includes an optional three-year deferral.
          The Company elected the deferral and adopted this update effective January 1, 2020. It applies to business issued on or after this date. 2) VM-21, see details disclosed above. 3) VM-22, Statutory Maximum Valuation Interest Rates for Income
          Annuities, was effective January 1, 2018. It applies to annuitizations on contracts issued on or after that date. Because most annuitizations occur years after a contract has been issued, its impact on net income and surplus has not been
          material. 4.) VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company does not issue these contracts. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In August 2019, the NAIC adopted SSAP No. 22R, Leases.
          This revised standard is a substantive revision, reorganization, and clarification of SSAP 22. It adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. It was effective
          January 1, 2020, with early adoption permitted. The Company adopted these revisions effective January 1, 2020. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the revisions.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In March 2020, the NAIC adopted INT 20-01, Reference Rate
          Reform. The interpretation adopted the optional guidance outlined in Accounting Standards Update (ASU) 2020-04, Reference Rate Reform, for a limited period of time to ease the potential burden on accounting for reference rate reform. The
          practical expedients outlined in the interpretation are for modifications solely related to reference rate reform and optionally suspends assessments for re-measuring a contract and dedesignating a hedge relationship. This interpretation is
          effective on the date of adoption and expires on December 31, 2022. The Company adopted the optional guidance in this interpretation effective March 12, 2020. As of December 31, 2020, the Company has not made any modifications to financial assets
          or liabilities as a result of reference rate reform.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In May 2020, the NAIC adopted revisions to SSAP No. 26R,
          Bonds, which provides clarifying guidance when assessing other than temporary impairments (OTTI) for debt instruments that have been previously modified pursuant to SSAP No. 36, Troubled Debt Restructuring, or SSAP No. 103R, Transfers and
          Servicing of Financial Assets and Extinguishments of Liabilities. The revisions to SSAP No. 26R state subsequent OTTI assessments for debt instruments modified under SSAP No. 36 or SSAP No 103 will be based on the modified contractual terms and
          not revert back to the original acquisition terms. These revisions were effective May 20, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of
          adopting the revisions.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 22 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In April, May, June, and August 2020, the NAIC adopted
          the following interpretations (INT) in response to the COVID-19 pandemic:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-02, Extension of the 90-Day Rule for the Impact of COVID-19, extends a one-time optional extension of the nonadmission assessment
          guidance for premiums and similar receivables due from policyholders or agents. For receivables that were current prior to the beginning of the declaration of a state of emergency by the U.S. federal government on March 13, 2020 or originated on
          or after March 13, 2020, insurers may continue to admit assets greater than 90 days past due. This INT is applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements and expired on December 30, 2020. This INT did
          not have an impact to the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-03, Troubled Debt Restructuring Due to COVID-19, follows the inter-agency COVID-19 guidance issued by the federal and state prudential
          banking regulators (and concurred by the Financial Accounting Standards Board) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms does not result in troubled debt
          restructuring as long as the modification is in response to COVID-19, the borrower was current at the time of the modification, and the modification is short-term. In addition, insurers are not required to designate mortgage loans or bank loans
          with deferrals granted due to COVID-19 as past due or report them as nonaccrual loans. This INT is effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were
          extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. The Company implemented a loan modification program that
          adhered to the requirements outlined in the INT for investments in commercial and residential mortgage loans.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-04, Mortgage Loan Impairment Assessment Due to COVID-19, defers the impairment assessment for bank loans, mortgage loans, and
          investments which predominantly hold underlying mortgage loans and are impacted by forbearance or modifications in response to COVID-19. This INT was applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements
          and expired on December 30, 2020. This INT did not have a material impact to the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-05, Investment Income Due and Accrued. This INT provides temporary relief guidance for assessing the collectability of interest
          income, admissibility relief of accrued investment income 90 days past due, and clarifies how interest income should be recognized during a payment holiday. This INT is applicable for the June 30, 2020, and September 30, 2020 financial statements
          and expired on December 30, 2020. This INT did not have a material impact to the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-06, Participation in the 2020 TALF Program. This INT provides guidance for reporting Term Asset-Backed Securities Lending Facility
          (TALF) loans for the duration of the 2020 TALF program. This INT did not impact the Company as the Company did not participate in this program.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provides temporary guidance by allowing
          practical expedients when assessing whether modifications made to debt securities (under SSAP No. 26R and SSAP No. 43R) due to COVID-19 are insignificant. Specifically, the guidance proposes restructurings in response to COVID-19 are considered
          to be insignificant if the restructuring results in a 10% or less shortfall amount in the contractual amount due and does not extend the maturity of the investment by more than 3 years. This INT was effective for the period beginning March 1,
          2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national
          emergency declared by the President terminates. This INT did not have a material impact to the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:63pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#8226;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.5pt;">INT 2020-08, COVID-19 Premium Refunds, Rate Reductions and Policyholder Dividends. This INT provides guidance for returns or benefits to
          policyholders. This INT did not impact the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These INTs have an immaterial effect on the financial
          statements as of December 31, 2020. The Company will continue to monitor these INTs and assess impacts until they are nullified.</font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 23 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In July 2020, the NAIC adopted INT 20-09, Basis Swaps as
          a Result of the LIBOR Transition, to address the statutory accounting and reporting requirements for basis swaps issued by central clearing parties solely in response to the market-wide transition away from the London Interbank Offered Rate
          (LIBOR) and toward the Secured Oversight Financing Rate (SOFR). This INT allows basis swaps issued solely in response to reference rate reform to be classified as derivatives used for &#8220;hedging&#8221; and reported as admitted assets in the statutory
          financial statements. The INT is effective July 30, 2020 and was subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In November 2020, the NAIC adopted revisions to SSAP No.
          43R, Loan-Backed and Structured Securities. The revisions reflect the updated NAIC designation category for residential and commercial mortgage-backed securities that utilize the financial modeling guidance. The revisions were effective November
          12, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Recently Issued Accounting Standards &#8211; To Be Adopted</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Not applicable.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Corrections of Errors</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company records corrections of errors in accordance
          with SSAP No.&#160;3 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Accounting Changes and Correction of Errors</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 3). SSAP No.&#160;3 prescribes that the correction of errors in previously issued Statutory Financial Statements will be reported as an adjustment to capital
          and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During 2021, an error was identified related to the
          Company&#8217;s calculation of scheduled payments for certain fixed-indexed annuity products. The model for policies that have elected the scheduled payment option always used an income period of 10 years. After payments are received, future benefits
          and therefore the remaining benefit period, should have reduced but did not. This resulted in the Company holding excess reserves after policyholders elected this option. The error resulted in a $50 pre-tax overstatement of policyholder
          liabilities for life policies and annuity contracts and a corresponding $40 after-tax understatement of total capital and surplus as of December 31, 2020. Policyholder liabilities for life policies and annuity contracts on the Company&#8217;s financial
          statements were adjusted in 2021 to correct for the prior period impact. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the years ended December 31, 2022, and 2020, there
          were no corrections of errors recorded on the Statutory Statements of Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(4)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Risk Disclosures</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following is a description of the significant risks
          facing the Company and how it attempts to mitigate those risks: </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Credit Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Credit risk is the risk that issuers of fixed-income
          securities, borrowers of mortgages on commercial real estate, or other parties with whom the Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in unexpected credit
          losses. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by adhering to investment
          policies and limits that provide portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The Company
          considers all relevant objective information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The aggregate credit
          risk is influenced by management&#8217;s risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For derivative counterparties, the Company mitigates
          credit risk by tracking and limiting exposure to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and monitoring the
          CDS of each counterparty as an </font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 24 of 67</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">early warning signal to cease trading when credit default
          swap spreads imply severe impairment in credit quality.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company executes Credit Support Annexes (CSA) with
          all active and new counterparties which further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a clearinghouse
          thereby transferring counterparty risk from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Credit Concentration Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Credit concentration risk is the risk of increased
          exposure to significant asset defaults (of a single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single
          jurisdiction) affecting credit.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s Finance Committee, responsible for
          asset/liability management (ALM) issues, recommends an investment policy to the Company&#8217;s Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset class.
          The investment policy and accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state statutes.
          Compliance with the policy is monitored by the Finance Committee who is responsible for implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and, subsequently, the BOD review
          the investment policy at least annually. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To further mitigate this risk, internal concentration
          limits based on credit rating and sector are established and are monitored regularly. Any ultimate obligor group exceeding these limits is placed on a restricted list to prevent further purchases, and the excess exposure may be actively sold down
          to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further, the Company performs a quarterly concentration risk calculation to ensure compliance with the State
          of Minnesota insurance regulations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Liquidity Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Liquidity risk is the risk that unexpected timing or
          amounts of cash needed will require liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual guarantees.
          Liquidity risk also includes the risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be affected by the maturity of liabilities, the presence of withdrawal penalties, the
          breadth of funding sources, and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are cancelable. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company manages liquidity within four specific
          domains: (1) monitoring product development, product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company&#8217;s derivative dynamic economic hedging
          activities; and (4) establishing liquidity facilities to provide additional liquidity. The Company has established liquidity risk limits, which are approved by the Company&#8217;s Risk Committee, and the Company monitors its liquidity risk regularly.
          The Company also sets target levels for the liquid securities in its investment portfolio.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Interest Rate Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Interest rate risk is the risk that movements in interest
          rates or interest rate volatility will cause a decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an ALM strategy to align cash flows and
          duration of the investment portfolio with policyholder liability cash flows and duration. The Company further limits interest rate risk on variable annuity </font></div>
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          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
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        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">guarantees through interest rate hedges. The Company
          monitors the economic and accounting impacts of interest rate sensitivities on assets and liabilities regularly. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Equity Market Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Equity market risk is the risk that movements in equity
          prices or equity volatility will cause a decrease in the value of an insurer&#8217;s assets relative to the value of its liabilities. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The policy value of the fixed-indexed universal life,
          fixed-indexed annuity, and variable-indexed annuity products is generally linked to equity market indices. The Company economically hedges this exposure with derivatives. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Variable annuity products guarantee minimum payments
          regardless of market movements. The Company has adopted an economic hedging program to manage the equity risk of these products. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company monitors the impacts of equity sensitivities
          on assets and liabilities regularly.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Basis risk is the risk that variable annuity hedge asset
          values change unexpectedly relative to the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company&#8217;s inability to directly hedge the underlying investment options of the variable
          annuity contracts. The Company regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Operational Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Operational risk is the risk of loss resulting from
          inadequate or failed internal processes and systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories: (1) external fraud; (2) internal fraud; (3) employment practices
          and workplace safety; (4) clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is comprehensively
          managed through a combination of core qualitative and quantitative activities. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Operational Risk Management framework includes the
          following key activities: (1) an Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) a loss data capture policy to create transparency
          and gather information about losses that meet a designated threshold, requiring business owners to identify and resolve the root cause of operational loss events; and (3) a bottom-up risk assessment process for significant operational risk
          scenarios to proactively manage significant operational risk scenarios throughout the organization. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Regulatory Change Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Regulatory change risk is the risk that regulatory
          changes and imposed regulation may materially impact the Company's business model, sales levels, company financials and ability to effectively comply with regulations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company actively monitors all regulatory changes and
          participates in national and international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process exists to review,
          analyze, and implement new legislation as it is enacted. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-indent:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Rating Agency Risk</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-style:italic;font-weight:700;line-height:120%"> </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Rating agency risk is the risk that rating agencies
          change their outlook or rating of the Company or a subsidiary of the Company. The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of changes in
          these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the impact of
          significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk. Rating agency capital is calculated and analyzed at least annually. Rating agency risk is
          also addressed in the TRA process and on an ad hoc basis as necessary. </font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 26 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Mortality/Longevity Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Mortality/longevity risk is the risk that mortality
          experience is different than the life expectancy assumptions used by the Company to price its products. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates mortality risk primarily through
          reinsurance, whereby the Company cedes a significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through the review of
          life expectancy assumptions and experience in conjunction with active product management. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j)&#160;&#160;&#160;&#160;Lapse Risk</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Lapse risk is the risk that actual lapse experience
          evolves differently than the assumptions used for pricing and valuation exercises leading to a significant loss in Company value and/or income. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by performing sensitivity
          analysis at the time of pricing to affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as experience evolves.
          Policyholder experience is monitored regularly.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Cyber Security Risk</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cyber security risk is the risk of losses due to external
          and/or internal attacks impacting the confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery measures
          including firewalls, intrusion detection and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and laptop encryption, web content filtering, web application firewalls, and regular scanning of all
          servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;Reinsurance Risk</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance risk is the risk that reinsurance companies
          default on their obligation where the Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management. </font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance contracts do not relieve the Company from
          its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company mitigates this risk by requiring certain
          counterparties to post collateral to cover the exposure and to meet thresholds related to the counterparty&#8217;s credit rating, exposure, or other factors. For counterparties that are not initially required to post collateral, if the thresholds are
          not met by those counterparties, they are required to establish a trust or letter of credit backed by assets meeting certain quality criteria. All arrangements are regularly monitored to determine whether trusts or letters of credit are
          sufficient to support the ceded liabilities and that their terms are being met. In addition, the Company reviews the financial standings and ratings of its reinsurance counterparties and monitors concentrations of credit risk to minimize its
          exposure to significant losses from reinsurer insolvencies regularly.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 27 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(5)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Investments</font></div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Bonds, Other Assets Receiving Bond Treatment, and Stocks</font></div>
      <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, the amortized cost, gross unrealized gains, gross
          unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="zc4bd5d8f39d048139224b6357df684c1">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:38.966%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.135%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.923%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.756%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.923%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.095%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,492&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">535&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,959&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,768&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,244&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign
                  governments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,949&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">336&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,615&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">69,765&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">315&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,191&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60,889&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,287&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,671&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized







                  debt obligations</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,275&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">432&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,307&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,400&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">260&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,535&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">440&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,324&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,651&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:5pt;padding-left:54pt"><br>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.189%" id="zd1b3e83bd44b486db792781622a2f9ea">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:38.462%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.146%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.041%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.641%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.873%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.641%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.041%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.641%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.214%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized gains</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Gross unrealized losses</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,644&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">147&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,752&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">299&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,119&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,973&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,086&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign
                  governments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,619&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,678&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,444&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,191&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">275&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">76,360&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,645&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">564&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,183&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Collateralized







                  debt obligations</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 57.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94,782&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,958&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">362&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,378&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">278&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,060&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,985&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">105,681&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2022, amortized cost differed from the carrying value of
          bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rates bonds where the market value was lower than amortized cost. The total unrealized losses recorded by the Company for these bonds was $1
          as of December&#160;31, 2022 and an insignificant amount as of December&#160;31, 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had NAIC-6 rated bonds with a statement value
          of $2 and $26 as of December&#160;31, 2022 and 2021, respectively. There was no interest due on bonds in default, which was excluded from investment income due and accrued as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2022 and 2021, the Company had hybrid
          securities with a carrying value of $0 and $17, respectively.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 28 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, investments with a
          statement value of $32 and $31, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amortized cost and fair value of bonds and other
          assets receiving bond treatment reported in the statutory Annual Statement Schedule D Part 1A at December&#160;31, 2022, by contractual maturity, are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="za8184e37a7b442ffae28290059321676">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.000%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.434%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Carrying<br>
                  value</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due in 1 year or less</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,886&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 1 year
                  through 5 years</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,754&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,378&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 5 years
                  through 10 years</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,005&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,049&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 10 years
                  through 20 years</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,620&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,222&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Due after 20 years</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,654&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,297&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">No maturity date</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,051&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">876&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:6pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage-backed and other structured securities</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,299&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,692&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Total bonds and
                  other assets receiving bond treatment</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90,275&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">79,400&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Expected maturities will differ from contractual
          maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of bonds includes sales, maturities,
          paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.789%" id="z659825172ca84cad9c2eddb80042b609">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:53.247%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.615%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.114%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.116%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from sales</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,619&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30,577&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,677&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,313&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">475&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of common stocks for the years ended
          December 31 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.789%" id="z919dd0096fcb421ebb621001a549a2db">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:53.247%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.615%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.114%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.116%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from sales</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">241&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">147&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Proceeds from sales of preferred stocks for the years
          ended December 31 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.789%" id="z0b3b136b607f42b08bb3bfd62dab00fe">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:53.247%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.615%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.114%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.116%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Proceeds from sales</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross gains</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross losses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the years ended December&#160;31, 2022 and 2021, there
          were 174 and 207 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $73 and $182 for 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s bond portfolio includes mortgage-backed
          securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 29 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Unrealized Investment Losses</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">To determine whether or not declines in fair value are
          other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources. For further discussion, see Notes&#160;2 and 6.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Unrealized losses and the related fair value of
          investments held by the Company for the years ended December 31 are shown below: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.741%" id="z31e16f69f80a4b649bf6d8ea3a24bf93">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.142%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.618%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.380%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,023&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">319&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">744&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">216&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,767&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">535&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;text-indent:-9pt;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Agencies not backed by the full faith and credit of the U.S. government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign
                  government</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,105&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">202&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">423&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">134&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,528&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">336&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,770&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">574&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,819&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">600&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">46,456&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,027&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7,507&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,164&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53,963&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,191&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,912&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">524&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">512&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">121&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,424&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">645&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">60,268&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,646&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,235&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,661&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69,503&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,307&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">85&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">107&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  temporarily impaired securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">60,353&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,657&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,257&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,667&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">69,610&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,324&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:91.591%" id="ze9db5f762bd041949a0bccf044e5570d">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.031%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.619%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="33" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">12 months or less</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Greater than 12 months</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Unrealized losses</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">U.S.
                  government</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">396&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">272&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">668&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">39&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign
                  government</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">513&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">554&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">States and
                  political subdivisions</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">208&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">229&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Corporate
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">9,417&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,083&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">10,500&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">275&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage-backed







                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">977&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">124&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,101&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,511&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">261&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,541&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">101&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,052&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">362&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stock</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  temporarily impaired securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11,564&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">263&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,544&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">101&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">13,108&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">364&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the number of investment holdings that
          were in an unrealized loss position was 5,895 and 1,513, respectively, for bonds, and 30 and 21, respectively, for common stocks.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, of the total amount of
          unrealized losses, $11,091, or 97.9%, and $319, or 87.5%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized losses on
          securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be received and does
          not consider these investments to be other-than-temporarily impaired. </font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 30 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Realized Investment Gains (Losses)</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Net realized capital gains (losses) for the years ended
          December&#160;31 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="z4d9b058059f243a99c3b3ef95262e98b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:52.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.402%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(308)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,199&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(120)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage Loans</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(34)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Real estate</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,118)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,883&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">184&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(39)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  realized capital gains (losses)</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,285)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,046&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Income tax benefit
                  (expense) on net realized gains (losses)</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(249)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  realized capital gains (losses), net of taxes</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,242)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,797&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net gains (losses)
                  transferred to IMR, net of taxes</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(256)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">941&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(93)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  realized gains (losses), net of taxes and IMR</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,986)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,856&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Net Investment Income</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Major categories of net investment income for the years
          ended December&#160;31 are shown below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z2e3f8139df6a4f68bd412fbb5bbb681b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:52.322%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.424%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.761%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,783&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,189&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">703&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">682&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">647&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy
                  loans</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash
                  equivalents, and short-term investments</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividends:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment
                  in subsidiaries</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rental income on real
                  estate</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivatives</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(92)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross
                  investment income</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,659&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,956&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,965&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Investment expenses</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(155)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(137)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(138)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  investment income before amortization of IMR</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,504&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,819&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,827&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization of IMR</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net
                  investment income</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,544&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,866&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,864&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Mortgage Loans on Real Estate </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company's investment in mortgage loans on real estate
          includes CMLs and RMLs at December&#160;31, 2022 and 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2022 and 2021, the Company's CML
          portfolio includes concentrations exceeding 10% for the following states:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="zde039027907744d28162d51a57464673">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.235%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,545&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,605&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.9&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 31 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for CMLs made during 2022 and
          2021 were 6.6% and 4.5%, respectively. The minimum lending rates for CMLs made during 2022 and 2021 were 2.8% and 1.7%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of
          insured, guaranteed or purchased money mortgages was 76.5% and 77.6% during 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">At December&#160;31, 2022 and 2021, the Company's RML
          portfolio includes concentrations exceeding 10% for the following states:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="z6f271a74354c4ccd837f0f179ffd57b4">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.235%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration Amount</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Concentration %</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">California</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">546&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29.2&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">500&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35.6&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">New York</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12.7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum lending rates for RMLs made during 2022 and
          2021 was 12.0% and 11.0%, respectively. The minimum lending rates for RMLs made during 2022 and 2021 was 2.8% and 2.8%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of
          insured, guaranteed or purchased money mortgages for RMLs was 160.9% and 94.8% during 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, there were no taxes,
          assessments, or amounts advanced that were excluded from the mortgage loan investment total.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1)&#160;&#160;&#160;&#160;Age Analysis
          of Mortgage Loans</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents an age analysis of the
          Company's mortgage loan investments as of December&#160;31, 2022 and 2021 by type:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:92.492%" id="zdacec165d0e847e79b1cab43c863362e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:37.374%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.348%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.270%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.611%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.348%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.349%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Residential</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Commercial</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,799&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,364&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,732&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30-59 Days Past Due</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60-89 Days Past Due</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90-179 Days Past Due</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180+ Days Past Due</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,406&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,748&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loan investments greater than 90
          days past due and still accruing interest as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There were no mortgage loan investments for which
          interest was reduced as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021 there were no RMLs in
          which the Company participated as a co-lender in a mortgage loan agreement. As of December&#160;31, 2022 and 2021, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan agreement was $2,505
          and $2,471, respectively. </font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 32 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Impaired
          Mortgage Loans&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">For the years ended December&#160;31, 2022, and 2021, the
          recorded investment in impaired CMLs was $69, and $16, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the year ended December&#160;31, 2022, and 2021. There was no related allowance for credit
          losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status. There was no recorded investment in impaired RMLs for the years
          ended December&#160;31, 2022, and 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There was $5, $0 and $1 interest income recognized on
          impaired mortgage loans as of December&#160;31, 2022, 2021 and 2020, respectively. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the Company
          derecognized mortgage loans as a result of foreclosure of $0 and $4, respectively. </font></div>
      <div style="padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(3) Credit Quality Indicators</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company analyzes certain financing receivables for
          credit risk by using specific credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The loan-to-value
          ratio is based on the Company&#8217;s internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio analysis is
          normalized to reflect a 25&#160;year amortization schedule. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The credit quality of CMLs as of December&#160;31 is shown
          below:</font></div>
      <div style="margin-top:5pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.789%" id="z3f1ccb4fe19042399db8df82e4f39187">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.806%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.940%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.970%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.107%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.441%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.944%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less than
                  50%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,784&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">376&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">676&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,918&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37.3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50% &#8211; 60%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,298&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">896&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">950&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,346&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60% &#8211; 70%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,201&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">571&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">223&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">464&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,459&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70% &#8211; 80%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80% &#8211; 90%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90% &#8211; 100%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater
                  than 100%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,373&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,577&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">801&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,104&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,855&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.639%" id="z8e860a34e4b240d3b78289e8d884e686">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.010%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.127%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.127%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.127%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.127%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.132%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.465%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Debt Service Coverage Ratios</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Greater than 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.2x &#8211; 1.4x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.0x &#8211; 1.2x</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Less than 1.0x</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less than
                  50%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,528&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">663&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,348&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50% &#8211; 60%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,459&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">775&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">824&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,307&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60% &#8211; 70%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,077&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,099&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">281&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">444&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,901&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24.8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70% &#8211; 80%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">176&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80% &#8211; 90%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">90% &#8211; 100%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater
                  than 100%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,087&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,022&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">679&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,960&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,748&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 33 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has determined the delinquency status and the
          loan-to-value ratio are the most reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative
          sales, depending on the characteristics of the property being evaluated.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The loan-to-value ratios of RMLs as of December 31 are shown below:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;"> </font>
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.339%" id="z2dbf25a8c2a44b64b9a20751157d4153">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.916%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.891%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.472%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.895%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt 2px 73pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percent of Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Loan-to-value ratios:</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Below 70%</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">604&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">353&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71% to 80%</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1043</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55.7&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">705</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50.1&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81% to 90%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">208</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">316</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91% to 95%</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.9&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.3&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Above 95%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,873&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,407&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100.0&#160;</font></td>
              <td style="border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Loan-Backed Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">SSAP No.&#160;43R requires the bifurcation of impairment
          losses on loan-backed or structured securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost
          basis of the security. The interest portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company recognized loan-backed securities in OTTI for
          the years ended December&#160;31, 2022 and 2021 as follows:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.489%" id="zbf0def624d274f4ba424b160815c814c">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.839%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.483%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.953%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.819%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.463%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.471%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.462%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">OTTI Recognized in Loss</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">OTTI Recognized in Loss</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost Basis Before OTTI</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Interest</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value </font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Amortized Cost Basis Before OTTI</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Interest</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Interest</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value </font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">OTTI Recognized:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Intent to sell</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Annual
                  aggregate total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">136&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">23</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">110</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">0</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">38</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had no loan-backed securities recognized in
          OTTI for the year ended December&#160;31, 2020.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Derivatives and Hedging Instruments </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses exchange-traded and OTC derivative
          instruments as a risk management strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and liabilities that do not qualify for hedge accounting treatment are
          recorded at fair value in the Statutory Financial Statements using valuation techniques further discussed in Note 6.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have derivative contracts with
          financing premium as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Derivatives held by the Company are designated as either
          a fair value hedging instrument (fair value hedge), a cash flow hedging instrument (cash flow hedge), or a nonqualified hedging instrument (nonqualifying strategies).</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 34 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(1) Cash Flow Hedges</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:40.5pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:120%"> </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Foreign Currency Swaps on Debt Securities </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Foreign currency swaps have notional amounts and maturity
          dates equal and offsetting to the underlying debt securities and are determined to be highly effective as of December&#160;31, 2022 and 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:36pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(2) Fair Value Hedges</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps on Variable Annuity Insurance
          Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">IRS traded after June 2013 are centrally cleared through
          an exchange. For IRS traded prior to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair values of the
          collateral posted for OTC and exchange traded derivatives are discussed in the derivative collateral management section below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior to January 1, 2020, the Company designated hedge
          accounting for these IRS as a cash flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1, 2020, the
          Company de-designated its previous hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at December&#160;31, 2022.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">&#160;&#160;&#160;&#160;(3) Nonqualifying Strategies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Futures and Options Contracts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">OTC options and ETO are cleared through the Options
          Clearing Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are
          discussed in the derivative collateral management section below.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Interest Rate Swaps</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company can receive the fixed or variable rate; IRS
          are traded in varying maturities. The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Credit Default Swaps </font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The CDS within the investment portfolios assume credit risk from a single entity or
          referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit events include bankruptcy of the reference and
          failure to pay by the reference. Prior to January 1, 2021, the notional amount is equal to the maximum potential future loss amount. Beginning January 1, 2021, the Company updated the potential future exposure (PFE) to zero, as PFE is not
          determinable. The PFE is zero for the following reasons:</font></div>
      <div style="padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(a) CDS are used to hedge indices allocated to products by policyholders. Fluctuations in
          value of the CDS are offset by credits provided to policyholders and results in a minimal amount of hedge inefficiency. It is impossible to determine the potential future amount of hedge inefficiency.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(b) The CDS used are exchange traded and daily variation
          margin is required to settle market movements. This minimizes counterparty credit risk. It also makes it impossible to determine what the potential future exposure related to counterparty risk, net of variation margin received could be. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the collateral posted for centrally
          cleared CDS is discussed in the derivative collateral management section below.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 35 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Total Return Swaps</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company engages in the use of OTC TRS, </font><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">which allow the parties to exchange cash flows based on a variable reference rate such as the three-month SOFR and
          the return of an underlying index. </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the collateral posted for OTC TRS is discussed in the derivative collateral
          management section below.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">To Be Announced Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company uses OTC TBA forward contracts to gain
          exposure to the investment risk and return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral posted
          for OTC TBA securities is discussed in the derivative collateral management section below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table presents a summary of the aggregate
          notional amounts and fair values of the Company&#8217;s derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of December 31: &#160;&#160;&#160;&#160;</font></div>
      <div style="margin-top:5pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.390%" id="zf36ee6e6f24e4a068e91353ceb1301ee">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:31.292%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.361%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.866%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.866%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.195%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.866%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.630%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.874%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Notional</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:700;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline"> (1)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Assets</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Liabilities</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Cash flow hedging
                  instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Foreign currency swaps</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,959&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">243&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,583&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(33)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total cash
                  flow hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">243&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(33)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair value hedging
                  instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">IRS</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,987&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(211)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,696&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">305&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,511&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total fair
                  value hedging instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(211)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">305&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,511&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Nonqualifying hedging
                  instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">OTC options</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,355&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">670&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(494)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55,270&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,174&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,822)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">ETO</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,185&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,388&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">114&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(119)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TBA securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,071&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,987&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">IRS </font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,762&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,233&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(3,545)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Futures</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8,405&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">19,591&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,459&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6,633&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  nonqualifying hedging instruments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">709&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(535)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,296&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(5,501)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total
                  derivative instruments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(747)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,682&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2,023)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="39" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(1)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> Notional amounts are presented on an absolute basis.</font></div>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
            </tr>

        </table>
      </div>
      <div style="margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative Collateral Management</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company manages derivative collateral for the general
          account and separate account combined. Additionally, said derivative collateral is managed separately between exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at December&#160;31, 2022 and 2021, had a
          fair value of $1,203 and $2,432, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded
          collateral, but the collateral resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at December&#160;31, 2022 and 2021, had a
          fair value of $25 and $2, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company posts collateral to OTC counterparties based upon
          exposure amounts. The Company retains ownership of the OTC collateral.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 36 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Offsetting Assets and Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company elects to disclose derivative assets and
          liabilities eligible for offset under SSAP No.&#160;64 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Offsetting and Netting of Assets and Liabilities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with the provisions set
          forth in SSAP No.&#160;86. This treatment is consistent with the Company&#8217;s historical reporting presentation.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(i)&#160;&#160;&#160;&#160;Securities Lending</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company loaned securities with a carrying value of
          $2,510 and $2,809 and a fair value of $2,102 and $3,022 as of December&#160;31, 2022 and 2021, respectively. The aggregate amount of collateral received through securities lending at December&#160;31 is as follows: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="ze85a8b5475a144e89511ba6e9ae9f627">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.068%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 days or
                  less</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 to 60
                  days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 to 90
                  days</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater
                  than 90 days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Securities received</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">263&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">500&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  collateral received</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,155&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,094&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The aggregate amount of cash collateral reinvested
          through securities lending at December&#160;31 is as follows: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.639%" id="z991fd0ac00e949a897d5d55e597ff7cd">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:38.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.143%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Amortized cost</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Fair value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Open</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 days or less</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">969&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">969&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">949&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">949&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31 to 60 days</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">338&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">338&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">837&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">837&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61 to 90 days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">61&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91 to 120 days</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">117&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121 to 180 days</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">308&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">308&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">181 to 365 days</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">286&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">287&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">277&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">277&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Greater than 1 year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  collateral reinvested</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,893&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the Company had no
          borrowings outstanding from collateral securities lending. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinvested collateral is recorded in Other invested
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at December 31 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="z181b60c2a11a44449cd80f77e496b576">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:59.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.068%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash
                  equivalents</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,254&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,665&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term investments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">929&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 37 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(j) &#160;&#160;&#160;&#160;Reverse Repurchase Agreements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in both bilateral and tri-party
          repos. As of December&#160;31, 2022 and 2021, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of December&#160;31, 2022 and 2021. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All collateral received, as of December&#160;31, 2022 and
          2021, were bonds with a designated NAIC-1 rating. Further information related to repos for the years ended December&#160;31, 2022 and 2021, is as follows:&#160;&#160;&#160;&#160;</font></div>
      <div style="margin-top:5pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z1197c517739544e994651d9c28cb0efe">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.430%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.436%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">As of year end</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1. Maturity</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Overnight</font></div>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2 Days to 1 Week</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2. Collateral Pledged and Securities Acquired Under Repo</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash Collateral Pledged - Secured Borrowing</font></div>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:18pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair Value of Securities Acquired Under Repo - Secured Borrowing</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z16cb45366ba048c3aef9d592585cb957">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.430%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.436%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Maximum Amount</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="9" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1. Maturity</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Overnight</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">997&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. 2 Days to
                  1 Week</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">c. Greater
                  than one week and less than one month</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2. Collateral
                  Pledged and Securities Acquired Under Repo</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">a. Cash
                  Collateral Pledged - Secured Borrowing</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,165&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">b. Fair Value
                  of Securities Acquired Under Repo - Secured Borrowing</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,167&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,161&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify;text-indent:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(k)&#160;&#160;&#160;&#160;Non-insurance SCA Investments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A summary of the Company&#8217;s SSAP No. 97 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Investments in Subsidiary, Controlled and Affiliated Entities</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of December&#160;31, 2022 is as follows: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.639%" id="z0e2c5aece76f4016bc0136d3b2a59b96">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.203%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.447%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.447%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.280%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.447%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.280%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.447%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.637%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.790%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">SCA Name</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Asset</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Non-Admitted Asset</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Admitted Assets</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Date</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Type</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">NAIC Filing Balance</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Re-submission Required?</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZLPF</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">721&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">721&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5/16/2022</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">S2</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">789&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">N</font></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">721&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">721&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">789&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">XXX</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(l)&#160;&#160;&#160;&#160;FHLB Agreements </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company held Class A FHLB membership stock of $10 and
          $10 at December&#160;31, 2022 and 2021 and activity stock of $80 and $80 at December&#160;31, 2022 and 2021, respectively. The Company has a fully collateralized borrowings with a balance of $2,000 and $2,000 as of December&#160;31, 2022 and 2021 which is
          recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities collateral pledged to FHLB at December 31 is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z0122c95d53824348b5fa6019ded299bd">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.165%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.435%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,988&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,308&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,381&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The maximum of collateral pledged to FHLB during the year ended December 31
          was as follows:</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 38 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z1f299e72bd6e460dae53697cf858fb3f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:58.165%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.432%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:18.435%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Carrying value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,774&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,290&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,928&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,052&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the Company had $2,000
          and $2,000, respectively, in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the years ended December&#160;31, 2022 and 2021 was $2,400 and $4,000, respectively. Borrowings are not
          subject to prepayment penalties. Outstanding borrowings as of December&#160;31, 2022, were issued on various dates ranging from October 17, 2016 to December 16, 2022 and interest rates on those borrowings range from 0.2% to 5.2%. Interest paid on
          borrowings was $37 and $17 for the years ended December&#160;31, 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(m)&#160;&#160;&#160;&#160;Restricted Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the Company had the
          following restricted assets, including assets pledged to others as collateral:</font></div>
      <div style="margin-top:5pt;padding-left:9pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.198%" id="zf14054bb538b4cd495b9d708421b27ad">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:26.117%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.086%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.086%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.411%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.086%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.411%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:6.086%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:7.309%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.838%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.838%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.564%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.848%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Restricted</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Percentage</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total general account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total separate account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total current year</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total prior year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Increase (decrease)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total current year
                  admitted restricted</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross restricted to total assets</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted restricted to total admitted assets</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Collateral held under
                  security lending arrangements</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,155&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,179&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,334&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,094&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">240&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,334&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">FHLB capital stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit with states</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">On deposit with other
                  regulatory bodies</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Pledged as collateral
                  to FHLB (including assets backing funding agreements)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,988&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">384&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,372&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative collateral</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,457&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,553&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,338&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(785)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,553&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Modco assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25,773&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,630)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">24,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14.9&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total restricted
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">30,248&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,275&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,523&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">33,314&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1,791)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">31,523&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18.7&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(n)&#160;&#160;&#160;&#160;Low Income Housing Tax Credits</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 the Company had various LIHTC
          investments with a range of 3 to 13 remaining years of unexpired tax credits and no required holding period. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amount of tax credits and other tax benefits
          recognized during the years ended December&#160;31, 2022, 2021 and 2020 is $52, $44, and $38, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The balance of the investment recognized in the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus for the years ended December&#160;31, 2022 and 2021 is $448 and $503, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Additionally, the Company's LIHTC investments require a
          commitment of capital. The Company has open capital commitments of $207 and $271 at December&#160;31, 2022 and 2021, respectively, which are recorded as an unfunded commitment liability in other liabilities. LIHTC commitments are considered an open
          capital commitment beginning when the Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding the LIHTC.</font></div>
      <div style="margin-top:5pt;padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 39 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(6)&#160;&#160;&#160;&#160;Fair Value Measurements</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">SSAP No. 100R &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Fair Value</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> establishes a
          fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;1 &#8211; &#160;&#160;&#160;&#160;Unadjusted quoted prices
          for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;2 &#8211; &#160;&#160;&#160;&#160;Valuations derived from
          techniques that utilize observable inputs, other than quoted prices included in Level&#160;1, which are observable for the asset or liability either directly or indirectly, such as: </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Quoted prices for similar assets or liabilities in
          active markets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Quoted prices for identical or similar assets or
          liabilities in markets that are not active. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Inputs other than quoted prices that are
          observable. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:108pt;text-align:justify;text-indent:-36pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Inputs that are derived
          principally from or corroborated by observable market data by correlation or other means. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-45pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Level&#160;3 &#8211; &#160;&#160;&#160;&#160;Valuations derived from
          techniques in which the significant inputs are unobservable. Level&#160;3 fair values reflect the Company&#8217;s own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).
        </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has analyzed the valuation techniques and
          related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this evaluation and
          investment class analysis, each financial asset and liability was classified into Level&#160;1, 2, or 3.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following presents the assets and liabilities
          measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at December&#160;31: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.345%" id="z7a28e3f75247474c81aaa3d861885c88">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.695%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.689%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 2</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline"> (a)</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 3</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">160&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,065&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,096&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,872&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,062&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,934&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets
                  reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,053&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,130&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,194&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">741&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">760&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account derivative liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,940&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,940&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,681&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,700&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:9pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within
                    this table.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 40 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.345%" id="zf3873e420a2e4ec2896ba62c2f87647f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:36.695%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.689%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.391%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:center"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 2 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:700;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Level 3</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Assets







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common
                  stocks</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">213&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">213&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">114&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,644&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,758&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,319&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,043&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,362&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets
                  reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,646&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,690&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,336&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">Liabilities







                  at fair value:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,894&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate
                  account derivative liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,329&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,329&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  liabilities reported at fair value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,223&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,357&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:9pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="27" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:3pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(a)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:10pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following is a discussion of the methodologies used to determine
          fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability). The Company has
          not made changes to valuation techniques in 2022. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Valuation of Bonds and Unaffiliated Stock</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of bonds is based on quoted market prices
          in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are
          utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order
          of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer
          quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing
          models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in the discounted cash flow models for
          states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDO and certain mortgage-backed securities are priced by a third-party vendor and the Company internally reviews the
          valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Generally, U.S. Treasury securities and exchange-traded
          stocks are included in Level&#160;1. Most bonds for which prices are provided by third-party pricing sources are included in Level&#160;2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds
          without active trading markets and private placement securities that are internally priced are included in Level&#160;3.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of unaffiliated common stocks is based on
          quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on available market
          inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes received from third-party
          vendors. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><br>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 41 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Valuation of Derivatives</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Active markets for OTC options do not exist. The fair
          value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario
          calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, credit default swaps (CDS), To Be Announced (TBA)
          securities, and interest rate swaps (IRS) are included in Level&#160;2, because they use market observable inputs. TRS are included in Level&#160;3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs
          and futures are based on quoted market prices and are generally included in Level&#160;1. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain derivatives are priced using external third-party
          vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for
          reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis. The
          Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Valuation of Separate Account Assets and Separate
          Account Derivative Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Separate account assets and Separate account derivative
          liabilities, with the exception of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued, are carried at fair value, which is based on the fair value of the
          underlying assets which are described throughout this note. Funds in the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty.
          Variable investment option funds are included in Level&#160;1 because their fair value is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general
          account (e.g., if the separate account invested in bonds, short-term investments and derivatives, that portion could be classified within Level&#160;2 or Level&#160;3). Certain bonds, cash, and cash equivalents, along with related accrued investment
          income, carried at amortized cost within the separate account have an amortized cost of $22,234 and $19,917 as of December&#160;31, 2022 and 2021, respectively, and a fair value of $18,793 and $20,719 as of December&#160;31, 2022 and 2021, respectively.
          Separate account assets carried at amortized cost are included in the table in section 6(h) below. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Level&#160;3 Rollforward</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following table provides a reconciliation of the
          beginning and ending balances for the Company&#8217;s Level&#160;3 assets and liabilities measured at fair value on a recurring basis:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.189%" id="z5da4dae740214d02b5bfc3afcab760bf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.943%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.183%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 1, 2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers into<br>
                  Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers out<br>
                  of Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Net Income</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Surplus</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Purchases, issuances, sales and settlements</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 31, 2022</font></td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(419)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Level
                  3 Assets</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">419&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(412)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS liabilities</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(871)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">871&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Level
                  3 Liabilities</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(871)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">871&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(14)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 42 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.189%" id="z36f933ace51748f29b9ec5122f7a0192">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.943%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.179%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:10.183%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">January 1, 2021</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers into<br>
                  Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Transfers out<br>
                  of Level 3</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Net Income</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total gains<br>
                  and (losses)<br>
                  included in<br>
                  Surplus</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Purchases, issuances, sales and settlements</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">December 31, 2021</font></td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Preferred stocks</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(41)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common stocks</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS assets</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">297&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(297)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Level
                  3 Assets</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">297&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(7)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(298)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">TRS liabilities</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(423)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">423&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Total Level
                  3 Liabilities</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(18)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(423)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">423&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(15)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Transfers</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company reviews its fair value hierarchy
          classifications quarterly. Transfers between levels occur when there are changes in the observability of inputs and market activity. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">All transfers into Level 3 were a result of observable
          inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new availability of reliable
          observable inputs or the ability to validate market price of the security against an alternative source.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Sensitivity of Fair Value Measurements to Changes
          in Unobservable Inputs</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Bonds: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option
          adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">CDO and certain mortgage-backed securities are priced by
          a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates. A significant
          increase (decrease) in default rates in isolation could result in an decrease (increase) in fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Common stocks: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The primary unobservable inputs used to value common stock are indicative quotes received from third-party vendors and subsequent offering prices. A significant
          increase (decrease) in either the indicative quotes or offering prices in isolation could result in an increase (decrease) in fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Derivative assets and liabilities: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The key unobservable input
          would generally include the spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase
          (decrease) in the spread used in the fair value of the TRS in isolation could result in lower (higher) fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g)&#160;&#160;&#160;&#160;Estimates</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has been able to estimate the fair value of
          all financial assets and liabilities.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 43 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(h)&#160;&#160;&#160;&#160;Aggregate Fair Value of Financial Instruments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The following tables present the carrying amounts and
          fair values of all financial instruments at December 31 </font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(b)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="z36fe8bc18c214e07bff009e0307dc84b">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:25.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.737%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="15" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair Value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted Assets/<br>
                  Carrying Value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">78,268&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">89,143&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,708&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">55,058&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,502&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common
                  stocks, unaffiliated</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">251&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">156&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">95&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,020&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,728&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,020&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                  equivalents</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,489&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,488&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,029&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">460&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Short-term
                  investments</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">783&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">783&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">778&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,096&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">973&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,065&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities
                  lending reinvested collateral assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,408&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,439&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">94&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,314&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">COLI</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">692&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,004&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,406&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,711&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,887&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,122&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,122&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  investment contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,854&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">88,919&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">96,854&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed
                  money</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,010&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,999&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">760&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">747&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">741&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities lending</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,892&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">207&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">40,004&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">43,502&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">16,406&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">21,711&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,887&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 44 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:90.090%" id="z2bfe97ddf4054c36aafe7174d3fc2ff1">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:25.566%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.737%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="27" style="border-bottom:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="15" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Fair Value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Admitted Assets/
                  Carrying Value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">104,413&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">93,817&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,062&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">81,773&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">18,578&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Common
                  stocks, unaffiliated</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">303&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">213&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">90&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Mortgage
                  loans on real estate</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,673&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,154&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">17,673&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Cash
                  equivalents</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,210&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">3,210&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,694&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,516&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,758&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,682&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">114&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,644&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Securities
                  lending reinvested collateral assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  invested assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,052&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,052&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">102&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">950&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">COLI</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">713&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">713&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">713&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49,082&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,298&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26,784&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-style:italic;font-weight:400;line-height:100%">Financial







                  Liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,056&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">4,577&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">5,056&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Other
                  investment contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97,132&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">88,311&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">97,132&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Borrowed
                  money</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,976&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,001&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,976&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Derivative
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,028&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,023&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">119&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">1,894&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities lending</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">2,594&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Payable for
                  securities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">271&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">271&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">271&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 16.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Separate
                  account liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">49,082&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">48,279&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">22,298&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">26,784&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="33" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="text-align:justify"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:5.2pt;font-weight:400;line-height:100%;position:relative;top:-2.8pt;vertical-align:baseline">(b)</font><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.</font></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A description of the Company&#8217;s valuation techniques for financial
          instruments not reported at fair value and categorized within the fair value hierarchy is shown below:</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of FHLB Stock</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">FHLB stock, included in Common stocks, is not traded in
          an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company&#8217;s FHLB agreement that allow for return of outstanding shares of FHLB stock
          at the Company&#8217;s cost basis.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Mortgage Loans on Real Estate </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of commercial mortgage loans on real
          estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash
          flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current market conditions.</font></div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 45 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Cash Equivalents</font></div>
      <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Cash equivalents are comprised of money market mutual
          funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds and cash equivalent bonds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are
          provided by third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable. </font></div>
      <div style="margin-bottom:7pt;margin-top:3pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Short-term Investments</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value. The fair value leveling of short-term investments is determined similarly as bonds as discussed above.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Securities Lending Reinvested Collateral Assets </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Collateral held from securities lending agreements is
          primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair value of
          similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company&#8217;s general account investment portfolio. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Other Invested Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other invested assets include surplus notes, LIHTC
          investments, limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#9702;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.46pt;">Surplus notes for which prices are provided by third-party pricing sources are included in Level 3, due to the use of unobservable inputs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#9702;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.46pt;">LIHTC investments (including the unfunded commitment asset) fair value is set equal to carrying value, as there is no observable market data
          on which to calculate fair value. Due to the use of unobservable inputs, they are categorized as Level 3. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#9702;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.46pt;">Limited partnership investments are recorded using the cost method in line with SSAP No. 48, Joint Ventures, Partnerships, and Limited
          Liability Companies, using unobservable inputs. Due to the use of unobservable inputs, they are categorized as Level 3. The Company believes the cost method approximates fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#9702;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.46pt;">Loans to affiliates are carried at cost; due to the lack of an active market, the current carrying value is the only market price at which the
          transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, they are categorized as Level 3. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:72pt;text-align:justify;text-indent:-18pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#9702;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%; padding-left: 14.46pt;">RSU assets are tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as
          Level 2.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of COLI</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The COLI policies held by the Company are carried at their respective cash surrender
          values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included within Other assets on the
          Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At December&#160;31, 2022 and 2021, the cash surrender value in an investment vehicle is $692 and $713, respectively, and is allocated into the following categories based
          on primary underlying investment characteristics:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.939%" id="z5f882656fe734df8977aa3fcb8e62f29">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:54.492%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.103%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.105%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Bonds</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stocks</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other Invested Assets</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32.0&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 46 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Deposit-Type Contracts </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Fair values of deposit-type contracts are based on
          discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit standing and a risk margin for actuarial inputs. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Other Investment Contracts </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Other investment contracts are included within Life
          policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include
          life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company&#8217;s own credit
          standing and a risk margin for market inputs. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Borrowed Money </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of the FHLB borrowing is calculated on a
          discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are discounted
          using the valuation date swap curve. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Payable for Securities Lending</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Securities lending payable is set equal the to the cash
          collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Payable for Securities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Included in Payable for securities is the LIHTC
          investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
          categorized as Level 3.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Valuation of Separate Account Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The fair value of separate account liabilities
          approximates the fair value of separate account assets.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(7)&#160;&#160;&#160;&#160;Mortgage Notes Payable</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In 2004, the Company obtained an $80 mortgage loan from
          an unrelated third-party for the Company&#8217;s headquarters. In 2005, the Company agreed to enter into a separate loan agreement with the same counterparty in conjunction with the construction of an addition to the Company&#8217;s headquarters of $65. This
          loan was funded in 2006 and combined with the existing mortgage. As of December&#160;31, 2022 and 2021, the combined loan had a balance of $20 and $31, respectively, and is reported within Real estate on the Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. This 20&#160;year, fully amortizing loan has an interest rate of 5.52%, with a maturity date of August&#160;1, 2024. The level principal and interest payments are made monthly. The loan allows for prepayment; however,
          it is accompanied by a make-whole provision.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Interest expense for all loans is $1, $2, and $3, in
          2022, 2021, and 2020, respectively, and is presented in Net investment income on the Statutory Statements of Operations. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The future principal payments required under the loan are
          as follows:</font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.495%" id="z2e5ec9abfb6a4953b1476314f68e549d">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:81.289%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.511%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</font></td>
              <td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2026</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2027</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:58.5pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 47 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(8)&#160;&#160;&#160;&#160;Electronic Data Processing Equipment and Software (EDP) </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">EDP at December&#160;31 and the changes in the balance for the years then ended
          are as follows: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.642%" id="z3db560d96f8a4783854389ad45c32d7e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:55.346%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.283%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.586%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:20.285%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amortization:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Software
                  amortization</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net EDP balance, by
                  major classes of assets:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Servers,
                  computers and peripherals</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Software</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net EDP
                  balance</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Nonadmitted</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(63)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted
                  EDP balance</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a gross EDP asset of $67 and $55 and
          accumulated depreciation and amortization of $(4) and $(2) at December&#160;31, 2022 and 2021, respectively. Servers, computers and peripherals are depreciated over the lesser of their useful life or three years and the net balance is nonadmitted.
          Software is amortized over the lesser of its useful life or five years. Nonoperating software is nonadmitted and operating software is admitted to the extent it meets the criteria defined in SSAP No.&#160;16R - Electronic Data Processing Equipment and
          Software.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;"> (9)&#160;&#160;&#160;&#160;Income Taxes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a)&#160;&#160;&#160;&#160;Deferred Tax Assets and Liabilities </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The components of the net DTA or net DTL are as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.136%" id="z3d087cd0ad3c41fdbd95c305b2b972b9">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.601%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">956&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">956&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(108)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(108)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">790&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">848&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(448)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(21)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(469)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">342&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">379&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.136%" id="z8d2a191a8de74e6ea0f9cc77d5cdefbf">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.601%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">998&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,046&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">998&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,046&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">992&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(536)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(553)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">487&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 48 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.136%" id="z0ba396d686644634ac336f5044070918">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:41.137%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.597%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:17.601%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total gross deferred tax assets</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustments</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjusted gross deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(100)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(90)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax assets nonadmitted</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(102)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(102)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal net admitted deferred tax assets</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(202)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(192)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted deferred tax assets (liabilities)</font></div>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(108)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The amount of admitted adjusted gross DTAs allowed under each component of SSAP No.&#160;101 &#8211; </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Income Taxes</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> (SSAP No. 101) as of December 31 are as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z704d0a4f43304cff941373873b635358">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">342&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">342&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">920&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">342&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">342&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">448&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">448&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">790&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">848&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zfe3dba67d75a4935972877e6270a9949">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,533&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">456&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">536&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">536&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">992&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 49 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="zc80690dca07747fa8271e9bae51b0571">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:20.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii:</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs allowed per limitation threshold (11.b.ii)</font></div>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">N/A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(613)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Lesser of 11.b.i or 11.b.ii</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(114)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Adjusted gross DTAs offset by gross DTLs (11.c)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(88)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(88)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:38.25pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax assets admitted</font></div>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(202)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(192)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt"><br>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Ratios used for threshold limitation as of December 31 are as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="za42b8ddf5bad49adbb51a1fa774dc1ae">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.233%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.237%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ratio percentage used
                  to determine recovery period and threshold limitation amount</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">650&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,082&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(432)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="12" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amount of adjusted
                  capital and surplus used to determine recovery period threshold limitation</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,136&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10,218&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4,082)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Impact of tax planning strategies on the determination of net admitted
          adjusted gross DTAs is as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z3399268fe5164a928a6e311d00bcd94a">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted
                    adjusted gross DTAs)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z347d3789db0b453ebda8324dfc29cc73">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted
                    adjusted gross DTAs)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z799e7582ee2b49388bf339b1ab20cc3d">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Ordinary</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Capital</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted
                    gross DTAs)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s tax planning strategies do not include the use of reinsurance.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Unrecognized Deferred Tax Liabilities</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no temporary differences for which DTLs are not recognized.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 50 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c)&#160;&#160;&#160;&#160;Current and Deferred Income Taxes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The significant components of income taxes incurred (i.e.
          Current income tax expense) include: </font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z265223de935b48619b4f7afac8aae665">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:44.066%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:9.400%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:8.902%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" rowspan="2" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022-2021
                  Change</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" rowspan="2" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021-2020
                  Change</font></td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2020</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year
                  federal tax expense (benefit) - ordinary income</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,093)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,073&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year
                  foreign tax expense (benefit) - ordinary income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,091&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,093)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,073&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Current year tax
                  expense - net realized capital gains (losses)</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(43)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">249&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(292)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">249&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 28pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal and
                  foreign income taxes incurred</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(45)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,340&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">18&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1,385)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,322&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">DTAs and DTLs consist of the following major components:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:88.988%" id="zd0850107364e4313894b5fc0859a6400">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:46.224%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.622%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.622%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.624%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Deferred tax assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ordinary:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized
                  losses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">3&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred
                  acquisition costs</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">213&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">186&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">27&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Expense
                  accruals</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">66&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(16)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder







                  reserves</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">518&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">701&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(183)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">VM-21
                  reserves</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Foreign tax
                  credit carryforward</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted
                  assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">898&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">998&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(100)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory
                  valuation allowance adjustment</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted
                  ordinary deferred tax assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(108)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(102)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                  ordinary tax assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">790&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">992&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(202)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Impaired
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized
                  losses</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Statutory
                  valuation allowance adjustment</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nonadmitted
                  capital deferred tax assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                  capital deferred tax assets</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Admitted
                  deferred tax assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">848&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1,040&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(192)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 51 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:88.988%" id="z492dd3d4292f48fba007444d8f31bb96">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:46.224%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.622%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.622%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.636%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.624%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="12" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Deferred tax
                  liabilities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Ordinary:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Investments</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(61)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(53)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(8)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Fixed
                  assets</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Policyholder







                  reserves</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(275)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(356)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">81&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Software
                  capitalization</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(11)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized
                  gains</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(97)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(64)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(33)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(48)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(448)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(536)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">88&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:11pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Capital:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Unrealized
                  gains</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(17)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(21)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(17)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Deferred tax
                  liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(469)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(553)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Net deferred
                  tax assets (liabilities)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">379&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">487&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(108)</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The realization of the DTAs is dependent upon the Company&#8217;s ability to
          generate sufficient taxable income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will be sufficient for the
          realization of the remaining DTAs.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Coronavirus Aid, Relief, and Economic Security Act,
          (CARES Act of 2020) was enacted on March 27, 2020, thereby allowing net operating losses (NOLs) arising in tax years beginning after December 31, 2017, and before January 1, 2021 (e.g., NOLs incurred in 2018, 2019, or 2020 by a calendar-year
          taxpayer) to be carried back to each of the five tax years preceding the tax year of such loss.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Inflation Reduction Act was enacted on August 16,
          2022. The Company has not determined as of December 31, 2022 if it will be subject to the Corporate Alternative Minimum Tax ("CAMT") in 2023. These financial statements do not include the estimated impact of the CAMT, because a reasonable
          estimate cannot be made.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 115%;">The Company has determined that as of December 31, 2022, it will be an
          applicable corporation with respect to the CAMT in 2023.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">In computing taxable income, life insurance companies are
          allowed a deduction attributable to their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes.&#160;The changes are effective for tax years
          beginning after 2017 and are subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.&#160; Due to complexities in the new methodology and limited guidance from the Internal
          Revenue Service and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation associated with the changes in the computation of life insurance tax reserves based on information available at December 31, 2017.&#160;
          Pursuant to Interpretation of the SAP Working Group 18-01: </font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 400; line-height: 120%;">Updated Tax Estimates under the Tax Cuts and Jobs
          Act</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">, provisional tax computations related to these amounts were reasonably estimated&#160;as of December 31, 2017 and have been
          adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31, 2022, 2021, and 2020. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Change in net deferred income tax is comprised of the
          following (this analysis is exclusive of the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of Capital and
          Surplus):</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 52 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.136%" id="zda753327e6354e489fb8cbdd6a5fa23e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:57.163%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.255%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.255%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.634%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.259%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities)</font></div>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">487&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">493&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustment</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Net deferred tax assets (liabilities) after statutory valuation allowance</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">487&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">493&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">(6)</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Tax effect of unrealized gains (losses)</font></div>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">209&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">149&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">60&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:9pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Statutory valuation allowance adjustment allocated to unrealized gains
                    (losses)</font></div>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom">
                <div style="padding-left:27pt;text-indent:-9pt"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Change in net deferred income tax</font></div>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">54&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d)&#160;&#160;&#160;&#160;Reconciliation of Federal Income Tax Rate to
          Actual Effective Rate</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The provision for federal income taxes incurred is different from that which
          would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.285%" id="z67832b745e7f4634814f33aac4688aa7">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.733%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.633%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.735%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">December 31, 2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal income
                  tax rate</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Amortization
                  of IMR</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.9)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.3)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Dividends
                  received deduction</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.7)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Nondeductible
                  expenses</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1.3&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Affiliated LLC
                  income</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.4)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">COLI</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax hedges</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax hedge
                  reclassification</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(15.0)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">73.7&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6.8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax credits</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(2.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(9.6)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(7.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Prior period
                  adjustments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  deferred taxes on impairments</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.3)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.0)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in
                  deferred taxes on nonadmitted assets</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.2)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.6)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.9)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">83.5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(5.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Correction of
                  error</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.0&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">NOL carryback
                  benefit</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(12.2)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Tax
                  contingencies</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">0.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">10.6&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5.5&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized
                  capital gains tax</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.4)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective tax
                  rate</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.5)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214.0&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.1)</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Federal and
                  foreign income taxes incurred</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">207.4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2.9&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Realized
                  Capital Gains Tax</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.5)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47.4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(0.1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Change in net
                  deferred tax</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(1.9)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(40.8)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(6.9)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Effective tax
                  rate</font></td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(3.5)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">214.0&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">(4.1)</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">%</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e)&#160;&#160;&#160;&#160;Carryforwards, Recoverable Taxes, and IRC
          Section&#160;6603 Deposits</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022, there are $0 operating losses
          and $5 foreign tax credit carryforwards available for tax purposes.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="background-color: #ffffff; color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no Federal income
          taxes available for recoupment in the event of future net losses.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no aggregate deposits admitted under
          Section&#160;6603 of the IRC.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had tax contingencies computed in accordance
          with SSAP No. 5R, Liabilities, Contingencies and Impairment of Assets, and SSAP No.&#160;101 as of December&#160;31, 2022 and 2021. The Company does not believe the tax contingencies will significantly increase within the next 12 months.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company recognizes interest and penalties accrued
          related to unrecognized tax benefits in federal income tax expense. During the years ended December&#160;31, 2022, 2021, and 2020 the Company recognized expenses of </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 53 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">$7, $23, and $9 in interest and penalties, respectively.
          The Company had $40 and $32 for the unrecognized tax benefits and related accrued interest at December&#160;31, 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f)&#160;&#160;&#160;&#160;Consolidated Federal Income
          Tax Return</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s federal income tax return is consolidated
          with AZOA. The method of allocation between the subsidiaries of AZOA is subject to written agreement, approved by the Allianz Life Board of Directors. Allocation is based upon separate return calculations with current credit for net losses.
          Intercompany tax balances are settled annually after the consolidated return is filed.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is included in the consolidated group for
          which AZOA files a federal income tax return on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to U.S. Federal and non-U.S. income tax examinations for years prior to 2016, though
          examinations of combined returns filed by AZOA, which include the Company, by certain U.S. state and local tax authorities, may still be conducted for 2008 and subsequent years. The Internal Revenue Service (IRS) examination of AZOA for the 2016
          and 2017 income tax returns has completed the exam phase and has been assigned to appeals for an issue related to variable annuity hedging income recognition. The IRS has also initiated an examination of AZOA's 2018-2020 income tax returns, which
          is expected to close by the end of 2023.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022, the companies included in the
          consolidated group for which AZOA files a federal income tax return are included below:</font></div>
      <div style="margin-top: 5pt; padding-left: 27pt; padding-right: 27pt;">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:73.511%" id="z535904951be7454187d8f45007f07ba9">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:48.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:48.900%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Members of Consolidated Tax Group</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life Insurance Company of North America</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life Insurance Company of Missouri</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Life Insurance
                  Company of New York</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Underwriters
                  Insurance Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZOA Services
                  Corporation</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AGCS Marine Insurance
                  Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Global Risks US
                  Insurance Company</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">William H. McGee &amp;
                  Co., Inc.</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Reinsurance of
                  America, Inc.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Reinsurance
                  Management Services, Inc.</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Technology of
                  America, Inc.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fireman&#8217;s Fund
                  Insurance Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Renewable
                  Energy Partners of America LLC</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Fireman&#8217;s Fund
                  Indemnity Corporation</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Renewable
                  Energy Partners of America 2 LLC</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">National Surety
                  Corporation</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">PFP Holdings, LLC.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Chicago Insurance
                  Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">AZL PF Investments,
                  Inc.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Interstate Fire &amp;
                  Casualty Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Dresdner Kleinwort
                  Pfandbriefe Investments II, Inc.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">American Automobile
                  Insurance Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Fund
                  Investments, Inc.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">The American Insurance
                  Company</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Yorktown Financial
                  Companies, Inc.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Risk Transfer,
                  Inc.</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Questar Capital
                  Corporation</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Allianz Risk Transfer
                  (Bermuda), Ltd.</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">Questar Agency, Inc.</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(10)&#160;&#160;&#160;&#160;Accident and Health Claim Reserves</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Accident and health claim reserves are based on estimates
          that are subject to uncertainty. Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While management
          believes that reserves as of December&#160;31, 2022 are appropriate, uncertainties in the reserving process could cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any adjustments to reserves
          are reflected in the operating results of the periods in which they are made. Movements in reserves could significantly impact the Company&#8217;s future reported earnings.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 54 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Activity in the accident and health claim reserves is summarized as
          follows:</font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="zae3f342f4eda4a518e8bf1f01e2a91e3">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:53.860%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.388%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.603%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at
                  January 1, net of reinsurance recoverables of $734, $665, and $654, respectively</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">385&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">335&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Incurred related to:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current
                  year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">201&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">189&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior
                  years</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(39)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(47)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  incurred</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">142&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Paid related to:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current
                  year</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Prior
                  years</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total paid</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">110&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 21.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at
                  December 31, net of reinsurance recoverables of $845, $734, and $665, respectively</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">437&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">385&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">337&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Prior year incurred claim reserves for 2022, 2021 and
          2020 were favorable as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business. </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 55 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:104.4pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(11)&#160;&#160;&#160;&#160;Reinsurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company primarily enters into reinsurance agreements
          to manage risk resulting from its life, annuity, and accident and health businesses, as well as businesses the Company has chosen to exit. In the normal course of business, the Company seeks to limit its exposure to loss by ceding risks under
          yearly renewal term, coinsurance, and modified coinsurance. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company monitors the financial exposure and financial
          strength of the reinsurers on an ongoing basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain reinsurers. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The effect of reinsurance on reserves, deposit-type
          contracts, and claims, for amounts recoverable from other insurers, was as follows:</font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="z2ef04db318a2496bab969db8e79e5fe0">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:65.199%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.902%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.648%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.902%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.649%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">For the years ended December 31,</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reduction in:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Aggregate
                  reserves</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,122&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,141&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">257&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">132&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Policy and
                  contract claims</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Reinsurance reserves, recoverables, and receivables at
          December&#160;31, 2022 and 2021, are covered by collateral of $12,894 and $14,731, respectively, in addition to the letter of credit on behalf of AZMO, as noted in Note 2.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Life insurance, annuities, and accident and health business assumed from and
          ceded to other companies are as follows: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="z2a12935b0a9c4f1887abe01f27128d79">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:32.758%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.648%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.648%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.648%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.650%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year ended</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Direct amount</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Ceded to other companies</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assumed from other companies</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Net amount</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2022</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  insurance in-force</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80,796&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,002&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">32,835&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,537&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,443&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,438&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">762&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,676&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">169&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  premiums</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,145&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">927&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,288&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2021</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  insurance in-force</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65,088&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,500&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,638&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,453&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">94&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,360&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13,226&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">623&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,603&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">168&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  premiums</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,847&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">785&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">63&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,125&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">December 31, 2020</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life
                  insurance in-force</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,399&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,345&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,108&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,113&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,473&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">398&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,075&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accident
                  and health</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  premiums</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,843&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">554&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,346&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company holds securities backing term life and
          universal life with secondary guarantees ceded reserves in compliance with Actuarial Guideline 48. As of both December&#160;31, 2022 and 2021, the Company had 8 reinsurance </font></div>
      <div style="height:46.8pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 56 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:104.4pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">contracts in which risks under covered policies have been
          ceded. The Company held primary securities in an amount at least equal to the required level of primary securities for all of these contracts. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no nonaffiliated reinsurers owned in excess of
          10% or controlled, either directly or indirectly, by the Company or by a representative, officer, trustee, or director of the Company. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">There are no policies issued by the Company that have
          been reinsured with a company chartered in a country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged in the
          insurance business. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have any reinsurance agreements in
          effect under which the reinsurer may unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company does not have reinsurance agreements in
          effect such that the amount of losses paid or accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the same
          reinsurer, exceed the total direct premium collected under the reinsured policies. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company did not write off any uncollectible
          recoverables during 2022, 2021, or 2020.</font></div>
      <div style="padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company executed or amended the following agreements during the current year, that
          included policies or contracts that were in force as of the effective date of the agreement:</font></div>
      <div style="padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective June 30, 2022, the Company amended and restated a reinsurance agreement with
          Hannover Life Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $4 of reserve credit as of the effective date.</font></div>
      <div style="padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective June 30, 2022, the Company amended and restated a reinsurance agreement with Hannover Life
          Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $3 of reserve credit as of the effective date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective June 30, 2022, the Company amended and restated a reinsurance
          agreement with Hannover Life Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $65 of reserve credit as of the effective date.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Effective July 1, 2022, the Company amended and restated a reinsurance
          agreement with RGA Reinsurance Company that covers certain in force fixed annuity policies. This resulted in $1,125 of reserve credit as of the effective date.</font></div>
      <div style="height:46.8pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 57 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(12)&#160;&#160;&#160;&#160;Annuity Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Information regarding the Company&#8217;s annuity actuarial reserves and deposit
          liabilities by withdrawal characteristics at December&#160;31 is as follows: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.428%" id="zb32a0a0325ba4797b855cbedcc6a894e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:47.048%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.091%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.091%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.091%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.571%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.095%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage of total</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Percentage of total</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subject to
                  discretionary withdrawal:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">With
                  market value adjustment</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,155&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,992&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At book
                  value less current surrender charges of 5% or more</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,062&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,866&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At market
                  value</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,629&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,998&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total with
                  adjustment or at market value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,846&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,856&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At book
                  value without adjustment (minimal or no charge or adjustment)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,870&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,967&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Not
                  subject to discretionary withdrawal</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,187&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,380&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  gross</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,903&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149,203&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reinsurance ceded</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,936&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,960&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">133,967&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,243&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Amount included in At
                  book value less current charges of 5% or more that will move to At book value without adjustment in the year after the statement date:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,376&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,798&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:1pt solid #000000;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:5pt;padding-left:27pt"><br>
      </div>
      <div style="padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:96.279%" id="zec38d2932f904db5b3f6ad6b8f68c1c8">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:67.988%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.572%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.583%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.572%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:13.585%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reconciliation of total annuity actuarial
                  reserves and deposit fund liabilities:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Life, Accident and
                  Health Annual Statement:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities,
                  net (excluding supplementary contracts with life contingencies)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89,017&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,413&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental







                  contracts with life contingencies, net</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,036&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,083&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deposit-type







                  contracts</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,233&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,577&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,286&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,073&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Separate Accounts
                  Annual Statement:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Annuities,
                  net (excluding supplementary contracts with life contingencies)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,667&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,155&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Supplemental







                  contracts with life contingencies, net</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 48.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,681&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,170&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 61.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  annuity actuarial reserves and deposit fund liabilities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">133,967&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,243&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="height:36pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 58 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(13)&#160;&#160;&#160;&#160;Life Actuarial Reserves by Withdrawal Characteristics</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Information regarding the Company&#8217;s life actuarial
          reserves by withdrawal characteristics at December&#160;31 is as follows: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.434%" id="z4914210009bb4075b171c1aaef550928">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.325%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.204%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.039%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.032%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">General Account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to discretionary withdrawal, surrender values, or policy loans:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal
                  life</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">786&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">785&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">791&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal
                  life with secondary guarantees</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">58&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">140&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Indexed
                  life</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,857&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,824&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,859&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other
                  permanent cash value life insurance</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">97&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable
                  universal life</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Not subject to
                  discretionary withdrawal or no cash values:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term
                  policies without cash value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">198&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,
                  active lives</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,
                  disabled lives</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous







                  reserves</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">40&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,800&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,761&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,181&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance
                  ceded</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">587&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">848&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">8,213&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,174&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,333&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">General Account</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
            </tr>
            <tr>
              <td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to
                  discretionary withdrawal, surrender values, or policy loans:</font></td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal
                  life</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">817&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">816&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">822&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Universal life with secondary
                  guarantees</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">59&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">53&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">144&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Indexed
                  life</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,871&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,945&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">5,989&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Other permanent cash value life
                  insurance</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">105&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable
                  universal life</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">2&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Not subject to discretionary withdrawal
                  or no cash values:</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Term
                  policies without cash value</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">199&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability, active lives</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">49&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,
                  disabled lives</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous reserves</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">XXX</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">46&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,854&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,921&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,362&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance ceded</font></td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">616&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">616&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">878&#160;</font></td>
              <td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,238&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,305&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,484&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="12" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">The Company does not have any life policies
                  with guarantees in the separate account.</font></td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>

        </table>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 59 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.434%" id="z6af4b06223e344f0bb83fb304356fcb0">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.325%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:16.204%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.039%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.032%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Separate Account
                  Nonguaranteed</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
            </tr>
            <tr>
              <td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to
                  discretionary withdrawal, surrender values, or policy loans:</font></td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 18.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable
                  universal life</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross</font></td>
              <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance
                  ceded</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:15pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="border-top:3pt double #000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="9" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Separate Account
                  Nonguaranteed</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Account Value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Cash Value</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">Reserve</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subject to discretionary withdrawal, surrender values, or policy loans:</font></td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 18.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Variable
                  universal life</font></td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total gross</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reinsurance
                  ceded</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total net</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:89.434%" id="z7482af53166740048c0ba16c3653e72f">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:54.640%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.029%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:21.031%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr style="height:12pt">
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Reconciliation of total life actuarial reserves:</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life,
                  Accident, and Health Annual Statement:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life
                  insurance, net</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,263&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,412&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,
                  active lives, net</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">47&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Disability,
                  disabled lives, net</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Miscellaneous







                  reserves, net</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">22&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">24&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,333&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,484&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Separate
                  Accounts Annual Statement:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 30.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Life
                  insurance, net</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 55pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 66.25pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Total life
                  actuarial reserves</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">7,349&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">6,505&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(14)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Separate Accounts</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s separate accounts represent funds held for
          the benefit of contract holders entitled to payments under variable annuity contracts, variable life policies and market value adjusted annuity contracts issued through the Company&#8217;s separate accounts and underwritten by the Company. As of
          December&#160;31, 2022 and 2021, the Company's separate accounts are classified as nonguaranteed. Information regarding the Company&#8217;s separate accounts for the years ended December&#160;31 is as follows:</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 60 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.863%" id="z44dea56bc7ac4e50bab71e9a8fd5c71e">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:56.265%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.870%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.666%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:19.699%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Premiums,
                  considerations, or deposits</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,927&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr style="height:14pt">
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserves:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserves for
                  accounts with assets at fair value</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,788&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,209&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reserves for
                  accounts with assets at amortized cost</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,909&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,982&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total
                  reserves</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,697&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,191&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By withdrawal
                  characteristics:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At book
                  value without MV adjustment and with current surrender charge of 5% or more</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,533&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,665&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At fair
                  value</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,753&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,166&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">At book
                  value without MV adjustment and with current surrender charge of less than 5%</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,382&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,326&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Subtotal</font></td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,668&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,157&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 10.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Not
                  subject to discretionary withdrawal</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,697&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,191&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022 and 2021, the Company&#8217;s separate
          accounts included legally insulated assets and non-insulated assets attributed to the following products/transactions: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.494%" id="z91165337799248ef97e36451a75a9828">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:43.781%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.217%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.587%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.128%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:12.131%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="6" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Product/transaction</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Legally insulated</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Not legally insulated</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Legally insulated</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Not legally insulated</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Annuities</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,624&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,158&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Life</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Annuities
                  (Non-Unitized Insulated)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">411&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">524&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Annuities
                  (Non-Unitized Non-Insulated)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,420&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,548&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Variable Annuities (MN
                  MVA)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,051&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,451&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,703&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,576&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company&#8217;s separate account liabilities contain
          guaranteed benefits. The liabilities for guaranteed benefits are supported by the Company&#8217;s general account assets. To compensate the general account for the risk taken, the separate account paid risk charges of $163, $171, $180, $204, and $212
          during the past five years, respectively. The general account of the Company paid $59, $4, $19, $16, and $5 towards separate account guarantees during the past five years, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As of December&#160;31, 2022, the Company has lent assets with
          a carrying value of $1,399 and with a fair market value of $1,149. The Company lends the securities and the borrower provides cash collateral and short term securities to support the loan. The aggregate amount of collateral received was $1,179,
          which was comprised of $1,059 of cash collateral and $120 of non-cash collateral. The Company's separate account securities lending program is the same as the general account program.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 61 of 67</font></div>
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      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A reconciliation of net transfers to (from) separate
          accounts for the years ended December 31 is included in the following table: </font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:94.345%" id="zbfa2a76d85224acabf56c1b3b8ecb337">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:51.423%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.199%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.588%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.199%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.588%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.203%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 4pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers as
                  reported in the Summary of Operations of the Separate Accounts Annual Statement:</font></td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers
                  to separate accounts</font></td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,839&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,927&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,149&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers
                  from separate accounts</font></td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,106)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,507)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,689)</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 37pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net transfers
                  to separate accounts</font></td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,733&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,420&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reconciling
                  adjustments:</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 25.75pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other
                  adjustments</font></td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Transfers as reported
                  in the Statutory Statements of Operations</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,732&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,424&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,460&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-top:3pt;padding-left:27pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(15)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%; padding-left: 10.34pt;">Related-Party Transactions</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(a) &#160;&#160;&#160;&#160;Organization Changes</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company legally dissolved and terminated its
          subsidiary, Allianz Annuity Company of Missouri (AAMO), by voluntary action on February 24, 2020. Upon termination, AAMO paid an insignificant dividend to the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On July 1 2020, American Financial Marketing, LLC, Ann
          Arbor Annuity Exchange, LLC, GamePlan Financial Marketing, LLC, and The Annuity Store Financial &amp; Insurance Services, LLC, all of which are wholly owned subsidiaries of TruChoice Financial Group, LLC (TruChoice), which is a wholly owned
          subsidiary of AIIG, which was a wholly owned subsidiary of the Company, merged into TruChoice. TruChoice was the surviving entity.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Allianz Investment Management U.S. LLC, a Minnesota
          limited company was formed on October 11, 2020. Allianz Life is its direct parent.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On January 1, 2021, the Company formed Allianz Strategic
          Investments (ASI), a non-insurance subsidiary. ASI&#8217;s sole operations are investment activities associated with direct equity holdings performed in coordination with Allianz Life. Allianz Life has made various capital contributions into ASI in the
          form of preferred and common stock investments as indicated in the table below in 15(e) on page 63.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The company legally dissolved and terminated its
          subsidiary Questar Asset Management (QAM) on September 30, 2021. Upon termination, QAM paid a dividend to Yorktown. Yorktown subsequently paid a dividend to the Company as indicated in the table below in 15(e) on page 63. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">On November 30, 2022, the Company sold Allianz Individual
          Insurance Group (AIIG) and its wholly-owned subsidiaries, TruChoice Financial Group, LLC and Inforce Solutions, LLC.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(b)&#160;&#160;&#160;&#160;Related-Party Invested Assets</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has an agreement to lend AZOA $39. The
          remaining loan balance was $30 and $30 as of December&#160;31, 2022 and 2021, respectively, and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan began in
          2021 and has a final maturity date of August 30, 2023. The interest rate is a fixed rate of 0.34%. Interest income earned and accrued had an immaterial impact to the Company during 2022, 2021, and 2020, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in limited partnerships that are
          managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for the limited partnerships is $223 of which $91 and $63 is unfunded as of December&#160;31, 2022 and 2021, respectively. As of December&#160;31, 2022 and
          2021, the fair value of the investment is $143 and $64 respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 62 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
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      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a seed money investment in exchange traded funds that are
          managed by a related party, PIMCO, with reported balances of $31 and $33 as of December&#160;31, 2022 and 2021, respectively, within Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. There is
          no additional commitment related to these investments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company invests in bonds that are managed by a
          related party, PIMCO. The Company's committed capital for the PIMCO bonds was $1,260 and $360 as of December&#160;31, 2022 and 2021, respectively, of which $488 and $186 was unfunded as of December&#160;31, 2022 and 2021, respectively. The Company reported
          balances of $725 and $174 as of December&#160;31, 2022 and 2021, respectively, related to the PIMCO bonds within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a seed money investment in exchange traded funds that are managed by a
          related party, AIM. The Company reported a balance of $57 and $71 as of December&#160;31, 2022 and 2021 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. There is
          no additional commitment related to these investments.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(c) &#160;&#160;&#160;&#160;Service
          Fees</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company incurred fees for services provided by
          affiliated companies of $205, $194, and $183 in 2022, 2021, and 2020, respectively. The Company&#8217;s liability for these expenses was $32 and $50 at December&#160;31, 2022 and 2021, respectively, and is included in Other liabilities on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company earned revenues for various services provided
          to affiliated companies and subsidiaries of $80, $71, and $59 in 2022, 2021, and 2020, respectively. The receivable for these revenues was $6 and $7 as of December&#160;31, 2022 and 2021, respectively, and is included in Other assets on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has agreements with its affiliates PIMCO,
          Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed by PIMCO and OpCap are made available through the Company's separate accounts to holders of the Company's variable annuity
          products, and (2) the Company receives compensation for providing administrative and recordkeeping services relating to the investment options managed by PIMCO and OpCap. Income recognized by the Company from these affiliates for distribution and
          in-force related costs as a result of providing investment options to the contractholders was $5, $7, and $7 during 2022, 2021, and 2020, respectively, which is included in Fees from separate accounts on the Statutory Statements of Operations. At
          December&#160;31, 2022 and 2021, $0 and $1, respectively, were included for related receivables of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has incurred commission expense related to
          the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $372, $427, and $320 for the years ended December&#160;31, 2022, 2021, and 2020, respectively. The Company has an agreement with ALFS,
          whereby interest receivable is assigned to the company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in performing
          services for the Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded a net (expense) revenue from this agreement of
          $(42), $(42), and $(20) for the years ended December&#160;31, 2022, 2021, and 2020, respectively. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(d) &#160;&#160;&#160;&#160;Dividends
          to Parent</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company paid cash dividends to AZOA of $4,100, $900,
          and $750 in 2022, 2021, and 2020, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2022, 2021, and 2020 were considered extraordinary.</font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 63 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(e) &#160;&#160;&#160;&#160;Capital
          Contributions and Dividends with Subsidiaries</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the years ended December 31, the Company received
          dividends from its subsidiaries as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.565%" id="zd56aadf60d7746f7bd6fa312260bbf12">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:46.726%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.421%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.421%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allianz Investment
                  Management, LLC</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AZL PF Investments,
                  Inc.</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AIIG</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total </font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">101&#160;</font></td>
              <td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">During the years ended December 31, the Company made
          capital contributions to subsidiaries as follows:</font></div>
      <div style="margin-top:5pt;padding-left:54pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:85.565%" id="z24f25918754049218a6cf27eb32ae430">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:46.726%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.421%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.421%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.669%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:15.425%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2020</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">AZNY</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:100%">Allianz Investment
                  Management U.S. LLC (AIM US)</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
              <td colspan="3" style="display:none"></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ALFS</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">ASI</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">122&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21&#160;</font></td>
              <td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><br>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(f) &#160;&#160;&#160;&#160;Reinsurance</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company wholly-owns AZMO, a Special Purpose Life
          Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company&#8217;s net liability of level term life
          insurance policies and certain universal life insurance policies written directly by the Company. The total premium and associated reserve amounts ceded from the Company to AZMO for the years ended December&#160;31, 2022, 2021, and 2020 were $3, $2,
          and $3, respectively. The Company recorded a ceding commission of $1 for 2022, 2021, and 2020, respectively. In addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of which $3, $3 and $2 was
          amortized in 2022, 2021, and 2020, respectively, and included in Commissions and expense allowances on reinsurance ceded on the Statutory Statements of Operations.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has reinsurance recoverables and receivables
          related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 and $3 as of December&#160;31, 2022 and 2021, respectively, and are included in Other assets on the Statutory Statements of
          Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-indent:-27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">(g) &#160;&#160;&#160;&#160;Line of Credit Agreement</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:54pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has a line of credit agreement with its
          subsidiary, AZNY, to provide liquidity, as needed. The Company&#8217;s lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. The Company provided $30 to AZNY under the terms
          of this agreement on May 10, 2022. The full amount was repaid on June 29, 2022. There was no outstanding balance under the line of credit agreement as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(16)&#160;&#160;&#160;&#160;Employee Benefit Plans</font></div>
      <div style="margin-bottom:10pt;margin-top:3pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in the Allianz Asset
          Accumulation Plan (AAAP), a defined contribution plan sponsored by Allianz of America Corporation (AZOAC). Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants&#8217; pretax, Roth
          401(k), and/or after-tax contributions up to 80% of the participants&#8217; eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5% of the
          employees&#8217; eligible compensation. Participants are 100% vested in the Company&#8217;s matching contribution after three&#160;years of service.</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The AAAP administration expenses and the trust fund,
          including trustee fees, investment manager fees, and audit fees, are payable from the trust fund but may, at the Company&#8217;s discretion, be paid by the Company. All legal fees are paid </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 64 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">by the Company. It is the Company&#8217;s policy to fund the
          AAAP costs as incurred. The Company has expensed $15, $13, and $13 in 2022, 2021, and 2020, respectively, toward the AAAP matching contributions and administration expenses.</font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">A defined group of highly compensated employees is
          eligible to participate in the AZOAC Deferred Compensation Plan. The purpose of the plan is to provide tax planning opportunities, as well as supplemental funds upon retirement. The plan is unfunded, meaning no assets of the Company have been
          segregated or defined to represent the liability for accrued assets under the plan. Employees are 100% vested upon enrollment in the plan for funds they have deferred. Employees&#8217; funds are invested on a pay period basis and are immediately
          vested. Participants and the Company share the administrative fee. The accrued liability of $69 and $75 as of December&#160;31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus. </font></div>
      <div style="margin-bottom:10pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company sponsors a nonqualified deferred
          compensation plan for a defined group of agents. The Company can make discretionary contributions to the plan in the form and manner the Company determines reasonable. Discretionary contributions are currently determined based on production. The
          accrued liability of $50 and $65 as of December&#160;31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company participates in a stock-based compensation
          plan sponsored by Allianz SE, which awards certain employees Restricted Stock Units (RSU) that are tied to Allianz SE stock. Allianz SE determines the number of RSU granted to each participant. The Company records expense equal to the change in
          fair value of the units during the reporting period, which includes the Company's estimate of the number of awards expected to be forfeited. A change in value of $8, $8, and $5 was recorded in 2022, 2021, and 2020, respectively, and is included
          in General and administrative expenses on the Statutory Statements of Operations. The related liability of $21 and $18 as of December&#160;31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(17)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Statutory Capital and Surplus</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory accounting practices prescribed or permitted by
          the Company&#8217;s state of domicile are directed toward insurer solvency and protection of policyholders. As such, the Company is required to meet minimum statutory capital and surplus requirements. The Company&#8217;s statutory capital and surplus as of
          December&#160;31, 2022 and 2021, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of the Department is subject to
          restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual statement. In accordance
          with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations before net realized capital gain of
          the insurer for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Department. </font></div>
      <div style="padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-style: italic; font-weight: 700; line-height: 120%;">Regulatory Risk-Based Capital</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">An insurance enterprise&#8217;s state of domicile imposes
          minimum risk-based capital requirements that were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity based on
          the perceived degree of risk. Regulatory compliance is determined by a ratio of an enterprise&#8217;s regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific trigger points
          or ratios are classified within certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of December&#160;31, 2022 and 2021.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(18)&#160;&#160;&#160;&#160;Direct Premiums Written by Third-Party Administrators</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has direct premiums written by third-party
          administrators (TPAs). The types of business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes binding authority, claims payment, claims
          adjustment, underwriting, and premium </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 65 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">collection. Total premiums written by TPAs were $204,
          $136, and $148 for 2022, 2021, and 2020, respectively. For the years ended December&#160;31, 2022, 2021, and 2020, there were no individual TPAs that wrote premiums that equaled at least 5% of the capital and surplus of the Company. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(19)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Capital Structure</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is authorized to issue three types of capital stock, as outlined
          in the table below:</font></div>
      <div style="margin-top:5pt;padding-left:27pt">
        <table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.154%" id="z5c4171e6f1b94546b258ad9e1b359dfc">

            <tr>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:23.181%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.395%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:14.395%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:11.679%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:0.598%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
              <td style="width:1.0%"><br>
              </td>
              <td style="width:27.658%"><br>
              </td>
              <td style="width:0.1%"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Authorized</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Issued and outstanding</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Par value, per share</font></td>
              <td colspan="3" style="padding:0 1pt"><br>
              </td>
              <td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Redemption and liquidation rights</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Common stock</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,000,000&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,000,001&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
              <td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">None</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Preferred stock:</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A
                  (consisting of Series A and B below)</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,000,000&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,903,484&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Designated by
                  Board for each series issued</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A, Series
                  A</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,909,195&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,909,195&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$35.02 per
                  share plus an amount to yield a compounded annual return of 6%, after actual dividends paid</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class A, Series
                  B</font></td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,000,000&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,994,289&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
              <td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#cceeff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$35.02 per
                  share plus an amount to yield a compounded annual return of 6%, after actual dividends paid</font></td>
            </tr>
            <tr>
              <td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 12.25pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Class B</font></td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">400,000,000&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">&#8212;&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</font></td>
              <td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.00&#160;</font></td>
              <td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:0 1pt"><br>
              </td>
              <td colspan="3" style="background-color:#ffffff;padding:2px 10pt 2px 1pt;text-align:justify;vertical-align:top"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Designated by
                  Board for each series issued</font></td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Holders of Class&#160;A preferred stock and of common stock
          are entitled to one vote per share with respect to all matters presented to or subject to the vote of shareholders. Holders of Class&#160;B preferred stock have no voting rights. All issued and outstanding shares are owned by AZOA. See Note&#160;1 for
          further discussion.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Each share of Class&#160;A preferred stock is convertible into
          one share of the Company&#8217;s common stock. The Company may redeem any or all of the Class&#160;A preferred stock at any time. Dividends will be paid to each class of stock only when declared by the BOD. In the event a dividend is declared, dividends
          must be paid to holders of Class&#160;A preferred stock, Class&#160;B preferred stock, and common stock, each in that order.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">As discussed in Note&#160;15 to these Statutory Financial
          Statements, the Company carried out various capital transactions with related parties during 2022, 2021, and 2020.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(20)</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">&#160;&#160;&#160;&#160;</font><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">Reconciliation to the Annual Statement</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is required to file an Annual Statement with
          the Department. As of December&#160;31, 2022 and 2021, there is no difference in admitted assets or liabilities between this report and the Annual Statement. As of December&#160;31, 2022, 2021, and 2020, there is no difference in capital and surplus or net
          income between this report and the Annual Statement.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(21)&#160;&#160;&#160;&#160;Commitments and Contingencies</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company and its subsidiaries are named as defendants
          in various pending or threatened legal proceedings on an ongoing basis, arising from the conduct of business, including three putative class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of California, L.A.
          County, BC594715), Small v. Allianz Life Ins. Co. of North America (United Stated District Court, Central District of California, Case No. 2:20-cv-01944-AB (KESx), and Small v Allianz Life Ins. Co. of North America (Superior Court of California,
          L.A. County, 22STCV17838). The Sanchez case was certified as a class; and the parties settled the matter and the settlement has been granted final approval by the Court. The two Small cases are related and have not been certified as class
          actions. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and there can be no assurance that such </font></div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 66 of 67</font></div>
          <div style="margin-bottom:6pt;margin-top:6pt"><br>
          </div>
        </div>
      </div>
      <hr style="page-break-after:always">
      <div style="min-height:108pt;width:100%">
        <div><br>
        </div>
        <div style="margin-bottom: 3pt;"><br>
        </div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:700;line-height:174%">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">Notes to Statutory Financial Statements</font></div>
        <div style="margin-bottom: 3pt;"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:11pt;font-weight:400;line-height:120%">(Dollars in millions, except share data and security holdings quantities)</font></div>
        <div style="margin-bottom:6pt;margin-top:6pt"><br>
        </div>
      </div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">litigation, or any future litigation, will not have a
          material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company is contingently liable for possible future
          assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The financial services industry, variable and fixed
          annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Federal and state regulators, such as state insurance
          departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various
          selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is and may become subject to ongoing market conduct examinations and
          investigations by regulators, which may have a material adverse effect on the Company.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">It can be expected that annuity and life product designs,
          management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">These matters could result in legal precedents and new
          industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will
          have a material adverse effect on the Company in the future. </font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Certain guarantees of the Company provide for the
          maintenance of a subsidiary&#8217;s regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
          Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the guarantees.
          Capital contributions made during the years ended December&#160;31, 2022, 2021, and 2020 are detailed in Note&#160;15.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company had investments in limited partnerships that
          required a commitment of capital of $446 and $274 for the years ended December&#160;31, 2022 and 2021, respectively. The Company had commitments to fund private placement investments of $1,889 and $612 as of December&#160;31, 2022 and 2021, respectively.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 700; line-height: 120%;">(22)&#160;&#160;&#160;&#160;Subsequent Events</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">The Company has evaluated subsequent events through April
          7, 2023, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since December&#160;31, 2022 that require adjustment to the Statutory Financial Statements.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;padding-left:27pt;text-align:justify"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;"> In March 2023, the Company made a capital contribution
          of $30 to Allianz Life Insurance Company of New York and paid a cash dividend of $175 to AZOA.</font></div>
      <div style="margin-bottom:6pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="margin-bottom:10pt;margin-top:6pt;text-align:justify"><br>
      </div>
      <div style="height:54pt;position:relative;width:100%">
        <div style="bottom:0;position:absolute;width:100%">
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Statutory Financial Statements as of December 31, 2022</font></div>
          <div style="margin-bottom: 6pt; margin-top: 6pt;"><font style="color: #000000; font-family: 'Times New Roman',sans-serif; font-weight: 400; line-height: 120%;">Page 67 of 67</font></div>
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    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;">
      <div>
        <div><a name="xx_ed2df83d-168d-4513-a064-8415525ff6cf_1"></a>
          <div style="page-break-after:always;position:relative;">
            <div style="clear:both;"> </div>
            <div style="float:left;margin-left:50pt;margin-top:36pt;width:494pt;min-height:670pt;">
              <div style="line-height:13.0pt;margin-top:12pt;text-align:left;">
                <hr style="background-color: #000000; height: 2pt; margin-bottom: 2pt; margin-left: 0%; margin-top: 0pt; top: -2pt; width: 494pt;"><font style="color: #000000; font-size: 11pt; text-transform: uppercase;">For Service or More Information</font><font style="color: #000000; font-size: 11pt; line-height: 13pt;"> </font></div>
              <div style="line-height:12.0pt;margin-top:6pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">The Form N-4 Statement of Additional Information (SAI) contains additional information about the Contract, Allianz
                  Life, and the Separate Account. The SAI is dated the same date as this prospectus, and the SAI is incorporated by reference into this prospectus. This prospectus and the SAI can be found online at allianzlife.com/prospectuses. You can
                  also request this information at no cost by calling (800) 624-0197, or by sending an email request to contact.us@allianzlife.com.</font></div>
              <div style="line-height:12.0pt;margin-top:6pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">The SEC maintains a website sec.gov. The prospectus, the Form N-4 SAI and other information about the Contract are
                  available on the EDGAR database on the SEC&#8217;s website. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.</font></div>
              <div style="line-height:12.0pt;margin-top:6pt;text-align:left;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; text-transform: uppercase;">Our Service Center</font></div>
              <div style="line-height:12.0pt;margin-top:6pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or
                  transfer, changing your allocation instructions, etc.) please contact our Service Center at </font><font style="color: #000000; font-family: Times New Roman; font-weight: bold;">(800) 624-0197</font><font style="color: #000000; font-family: Times New Roman;">.</font><font style="color: #000000; font-family: Times New Roman; line-height: 12pt;"> </font></div>
              <div style="line-height:12.0pt;margin-top:6pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">To send applications, and/or a check for an additional Purchase Payment, or for general customer service, please mail
                  to the appropriate address as follows:</font><font style="color:#000000;font-family:Times New Roman;font-size:1pt;">&#8195;</font></div>
              <div style="line-height:0.0pt;text-align:left;"> </div>
              <div style="margin-top:0.0pt;">
                <table cellspacing="0" cellpadding="0" style="empty-cells:show;width:494pt;" id="ze8e1a7d10ea0426d941b78e3103eb969">

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                        <div style="line-height:13.0pt;text-align:left;">
                          <div style="border-bottom:0.5pt solid #000000;padding-bottom:1pt;">
                            <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.00pt;">To send applications, and/or a check for an additional Purchase Payment,</font></div>
                            <div style="text-align:Center;white-space:nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">or for general customer service, please mail to the appropriate address as follows:</font></div>
                          </div>
                        </div>
                      </td>
                    </tr>
                    <tr style="height:15.25pt;">
                      <td style="padding-bottom:3pt;padding-top:2.25pt;vertical-align:Top;width:494pt;">
                        <div style="line-height:12pt;text-align:left;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">REGULAR MAIL</font></div>
                        </div>
                      </td>
                    </tr>
                    <tr style="height:37pt;">
                      <td style="padding-bottom:3pt;padding-top:3pt;vertical-align:Top;width:494pt;">
                        <div style="line-height:12pt;text-align:left;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Allianz Life Insurance Company of North America</font></div>
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">P.O. Box 59060</font></div>
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Minneapolis MN 55459-0060</font></div>
                        </div>
                      </td>
                    </tr>
                    <tr style="height:14pt;">
                      <td style="vertical-align:Top;width:494pt;">
                        <div style="line-height:0.5pt;text-align:left;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">&#160;</font></div>
                        </div>
                      </td>
                    </tr>
                    <tr style="height:13pt;">
                      <td style="padding-bottom:3pt;padding-top:3pt;vertical-align:Top;width:494pt;">
                        <div style="line-height:12pt;text-align:left;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;margin-left:0.0pt;">OVERNIGHT, CERTIFIED, OR REGISTERED MAIL</font></div>
                        </div>
                      </td>
                    </tr>
                    <tr style="height:36pt;">
                      <td style="padding-top:3pt;vertical-align:Top;width:494pt;">
                        <div style="line-height:12pt;text-align:left;">
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Allianz Life Insurance Company of North America</font></div>
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">5701 Golden Hills Drive</font></div>
                          <div style="white-space: nowrap;"><font style="color:#000000;font-family:Arial Narrow;font-size:10pt;margin-left:0.0pt;">Minneapolis MN 55416-1297</font></div>
                        </div>
                      </td>
                    </tr>

                </table>
              </div>
              <div style="line-height:0.0pt;text-align:left;"><font style="color:#000000;font-family:Arial Narrow;font-size:1pt;">&#8195;</font></div>
              <div style="margin-top:0.0pt;">
                <table cellspacing="0" cellpadding="0" style="border-bottom:0.5pt solid #000000;border-top:0.5pt solid #000000;empty-cells:show;width:494pt;" id="zf55f4ec612234afabd5e42d1343dac30">

                    <tr style="height:auto;">
                      <td style="background-color:#D8D8D8;padding-bottom:2.5pt;padding-top:2.5pt;vertical-align:Top;width:494pt;">
                        <div style="line-height:12pt;text-align:left;">
                          <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Checks sent to the wrong address for applications or
                              additional Purchase Payments are forwarded to the 5701 </font></div>
                          <div style="margin-left: 4pt; margin-right: 4pt; white-space: nowrap;"><font style="color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0.0pt;">Golden Hills Drive address listed above, which may
                              delay processing.</font></div>
                        </div>
                      </td>
                    </tr>

                </table>
              </div>
              <div style="line-height:12.0pt;margin-top:9pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">For general customer service by email, please use this address: contact.us@allianzlife.com. To send information by
                  email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: allianzlife.com. If you have questions about whether you can submit certain
                  information by email or over the web, please contact our Service Center.</font></div>
              <div style="line-height:12.0pt;margin-top:6.0pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">Until May 1, 2024, all dealers that effect transactions in these securities may be required to deliver a prospectus.</font></div>
              <div style="line-height:12.0pt;margin-top:6.0pt;text-align:left;"><font style="color: #000000; font-family: Times New Roman;">EDGAR Contract ID No.: C000241317</font></div>
            </div>
            <div style="clear:both;"> </div>
            <div style="float:left;margin-left:50pt;margin-top:4pt;width:494pt;min-height:13pt;">
              <div style="line-height: 10.0pt;">
                <hr style="background-color:#000000;height:0.5pt;margin-bottom:0pt;margin-left:0%;margin-top:0pt;text-align:left;top:2pt;width:494pt;"><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt; margin-left: 0%;">Allianz Index Advantage+ NF</font><font style="color:#000000;font-family:Arial Narrow;font-size:6.5pt;font-weight:bold;line-height:10pt;position:relative;top:-4.25pt;">SM</font><font style="color: #000000; font-family: Arial Narrow; font-weight: bold; line-height: 10pt;"> Variable Annuity Prospectus &#8211; October 23, 2023</font></div>
            </div>
            <div style="clear:both;"> </div>
            <div style="float:left;margin-left:270pt;margin-top:margin-left:50pt;margin-top:15pt;width:494pt;;width:60pt;min-height:10pt;">
              <div style="line-height: 12.0pt; background-color: #000000;"><font style="color: #FFFFFF; font-size: 9pt; font-weight: bold; line-height: 12pt; margin-left: 0%;">&#8201;Back Cover&#8201;</font></div>
            </div>
          </div>
        </div>
        <div style="float:left;margin-bottom:5.0pt;width:100%;"> </div>
        <hr style="clear:both;margin-bottom:0.25pt;margin-left:0.25pt;margin-right:0.25pt;margin-top:40.0pt;">
        <!-- PAGE BREAK --> </div>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div style="text-align: center; line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: Arial;"> <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageFooter"></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div class="BRPFPageHeader"></div>
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    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: Arial;">PART II - INFORMATION NOT REQUIRED IN PROSPECTUS</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 13.&#160; OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z4c31463a42e940ffb5da7dd05d24e219" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Securities and Exchange Commission Registration Fee</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$ 150,785</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;--------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Printing and Filing Costs:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160;&#160; 30,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;--------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Accounting Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; 75,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">---------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Legal Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; &#160; &#160; N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">---------------</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;Estimated Miscellaneous Fees:</div>
          </td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">$&#160; &#160; &#160; &#160; N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 80.92%; vertical-align: top;">&#160;</td>
          <td style="width: 19.08%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;---------------</div>
            <div style="line-height: 12pt; margin-bottom: 6pt;"><font style="line-height: 12pt;">&#160;</font></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

    </table>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
    </div>
    <div style="line-height: 11.4pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 14.&#160; INDEMNIFICATION OF OFFICERS AND DIRECTORS.</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z4517bc51cc85480ab42db73d990175f5" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">The Bylaws of the Insurance Company provide:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">ARTICLE XI. INDEMNIFICATION OF DIRECTORS, OFFICERS AND EMPLOYEES</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="3">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 1. RIGHT TO INDEMNIFICATION:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Subject to the conditions of this Article and any conditions or limitations imposed by applicable law, the Corporation shall indemnify any employee, director or officer of the
              Corporation (an "Indemnified Person") who was, is, or in the sole opinion of the Corporation, may reasonably become a party to or otherwise involved in any Proceeding by reason of the fact that such Indemnified Person is or was:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">a director of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">acting in the course and scope of his or her duties as an officer or employee of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">rendering Professional Services at the request of and for the benefit of the Corporation; or</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iv)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">serving at the request of the Corporation as an officer, director, fiduciary or member of another corporation, association, committee, partnership, joint venture, trust, employee
              benefit plan or other enterprise (an "Outside Organization").</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Notwithstanding the foregoing, no officer, director or employee shall be indemnified pursuant to these bylaws under the following circumstances:</div>
          </td>
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        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in connection with a Proceeding initiated by such person, in his or her own personal capacity, unless such initiation was authorized by the Board of Directors;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">if a court of competent jurisdiction finally determines that any indemnification hereunder is unlawful;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions involving intentional misconduct or knowing and culpable violation of law;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(iv)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that the Indemnified Person believes to be contrary to the best interests of the Corporation or its shareholders or that involve the absence of good faith on the
              part of the Indemnified Person;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(v)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for any transaction for which the Indemnified Person derived an improper personal benefit;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(vi)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that show a reckless disregard for the Indemnified Person's duty to the Corporation or its shareholders in circumstances in which the Indemnified Person was
              aware or should have been aware, in the ordinary course of performing the Indemnified Person's duties, of the risk of serious injury to the Corporation or its shareholders;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(vii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">for acts or omissions that constitute an unexcused pattern of inattention that amounts to an abdication of the Indemnified Person's duties to the Corporation or its shareholders;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(viii)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in circumstances where indemnification is prohibited by applicable law;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">&#160;</td>
          <td style="width: 5.22%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(ix)</div>
          </td>
          <td style="width: 88.75%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">in the case of service as an officer, director, fiduciary or member of an Outside Organization, where the Indemnified Person was aware or should have been aware that the conduct in
              question was outside the scope of the assignment as contemplated by the Corporation.</div>
          </td>
        </tr>

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    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
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        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 2. SCOPE OF INDEMNIFICATION:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Indemnification provided pursuant to Section 1(a)(iv) shall be secondary and subordinate to indemnification or insurance provided to an Indemnified Person by an Outside Organization
              or other source, if any.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Indemnification shall apply to all reasonable expenses, liability and losses, actually incurred or suffered by an Indemnified Person in connection with a Proceeding, including without
              limitation, attorneys' fees and any expenses of establishing a right to indemnification or advancement under this article, judgments, fines, ERISA excise taxes or penalties, amounts paid or to be paid in settlement and all interest,
              assessments and other charges paid or payable in connection with or in respect of such expense, liability and loss.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(c)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Such indemnification shall continue as to any Indemnified Person who has ceased to be an employee, director or officer of the Corporation and shall inure to the benefit of his or her
              heirs, estate, executors and administrators.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">SECTION 3. DEFINITIONS:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(a)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Corporation" for the purpose of Article XI shall mean Allianz Life Insurance Company of North America and all of its subsidiaries.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(b)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Proceeding" shall mean any threatened, pending, or completed action, suit or proceeding whether civil, criminal, administrative, investigative or otherwise, including actions by or
              in the right of the Corporation to procure a judgment in its favor.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.03%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">(c)</div>
          </td>
          <td style="width: 93.97%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">"Professional Services" shall mean services rendered pursuant to (i) a professional actuarial designation, (ii) a license to engage in the practice of law issued by a State Bar
              Institution or (iii) a Certified Public Accountant designation issued by the American Institute of Certified Public Accountants.</div>
            <div style="line-height: 12pt;"><font style="line-height: 12pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted for directors and officers or controlling persons of the Insurance Company pursuant
              to the foregoing, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and, therefore, unenforceable. In the
              event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the Insurance Company in the successful defense of
              any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling
              precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 15.&#160;&#160; RECENT SALES OF UNREGISTERED SECURITIES.</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;NOT APPLICABLE.</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 16.&#160;&#160; EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.</div>
    <div style="line-height: 12pt; margin-bottom: 9.6pt; font-family: 'Arial Narrow'; font-weight: bold;">(a) Exhibits.</div>
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        <tr>
          <td style="width: 5.71%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">1.(a)</div>
          </td>
          <td style="width: 94.29%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/0000928389-96-000190.txt">Principal Underwriter Agreement</a> by and between North American Life and Casualty Company on behalf
              of NALAC Financial Plans, Inc. dated September 14, 1988 incorporated by reference as exhibit EX-99.B3.a. from Pre-Effective Amendment No.1 to Form N-4 (File Nos. 333-06709 and 811-05618), electronically filed on December 13, 1996. (North
              American Life and Casualty Company is the predecessor to Allianz Life Insurance Company of North America. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial
              Services, LLC.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.71%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;(b)</div>
          </td>
          <td style="width: 94.29%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000083634610000094/bdagmt.htm">Broker-Dealer Agreement</a> (amended and restated) between Allianz Life Insurance Company of
              North America and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX-99B3b. from Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-166408 and 811-05618), electronically filed on September
              24, 2010.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.71%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">&#160;(c)</div>
          </td>
          <td style="width: 94.29%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">The current specimen of the <a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000054/file002.txt">selling agreement</a> between Allianz Life Financial Services,
              LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b. from the initial filing on Form N-4 (File Nos. 333-134267 and
              811-05618), electronically filed on May 19, 2006.The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 12pt;"><font style="font-family: 'Arial Narrow';">&#160;2.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.4pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; &#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Not
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        <tr>
          <td style="width: 6%; vertical-align: top; font-family: 'Arial Narrow';">&#160;3. &#160;&#160; (a)</td>
          <td style="width: 94%; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';">&#160;<a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex3a.htm">Articles of Incorporation</a>, as amended and restated August 1, 2006, of Allianz Life Insurance Company of North
              America, filed on January 3, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zb86a92c3e52e4fdcb11cebf05c27c192" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 4.8pt;">

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          <td style="width: 6%; vertical-align: top; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
          </td>
          <td style="width: 94%; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex3b.htm">Bylaws, as amended and restated August 1, 2006</a>, of Allianz Life Insurance Company of North America, filed on
              January 3, 2013 as Exhibit 3(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</div>
          </td>
        </tr>

    </table>
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      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><br style="line-height: 12pt;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z184efad633914cec8a4c1e740b35e8c5" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">4.(a)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4a.htm">Individual Variable Annuity Contract, L40538-01</a>,
              filed on December 19, 2022 as Exhibit 4(a) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(b)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4b.htm">Contract Schedule Page, S40875-01-NF</a>, filed on December 19, 2022 as
              Exhibit 4(b) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(c)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exc.htm">Index Options Contract Schedule Page, S40877-02</a>, filed on December 19,
              2022 as Exhibit 4(c) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(d)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4di.htm">Application for Individual Variable Annuity Contract &#8211; IXA-APP-04-NF</a>,
              filed on December 19, 2022 as Exhibit 4(d)(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(d)(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4dii.htm">Annuity Purchase Acknowledgment, E-APA-VAR-03</a>, filed on December 19,
              2022 as Exhibit 4(d)(ii) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(e)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 94%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exei.htm">Index Performance Strategy Rider II &#8211; S40903-01</a>,
              filed on December 19, 2022 as Exhibit 4(e)(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 94%; vertical-align: top;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exeii.htm">Index Performance Strategy Rider III &#8211; S40904-01</a>,
              filed on December 19, 2022 as Exhibit 4(e)(ii) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(f)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exf.htm">Index Protection Strategy with Trigger Rider-S40879-02</a>,
              filed on December 19, 2022 as Exhibit 4(f) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;(g)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exf.htm">Traditional Death Benefit Rider-S40880-01</a>, filed on
              December 19, 2022 as Exhibit 4(g) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(h)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exh.htm">Index Guard Strategy Rider-S40889-03</a>, filed on
              December 19, 2022 as Exhibit 4(h) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(i)(i)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/exi.htm">Index Precision Strategy Rider, S40891-02</a>, filed on
              December 19, 2022 as Exhibit 4(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(ii)*&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
            </div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top;" colspan="2">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="ex4iii.htm">Index Dual Precision Strategy Rider,
                S40909.</a></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(iii)*</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="ex4iiii.htm">Index Precision Strategy Rider ,
                S40891-03.</a></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(iv)*</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="ex4iiv.htm">Index Options Contract Schedule,
                S40877-03</a></div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(j)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4j.htm">Performance Lock Rider (with lock and go), S40908</a>,
              filed on December 19, 2022 as Exhibit 4(j) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(k)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4k.htm">Waiver of Withdrawal Charge Rider-S40749-01</a>, filed
              on December 19, 2022 as Exhibit 4(k) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(l)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249922000074/ex4l.htm">Maximum Anniversary Death Benefit Rider- S40897-01</a>,
              filed on December 19, 2022 as Exhibit 4(l) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;(m)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 10pt; font-family: 'Arial Narrow';">I<a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000080/file017.txt">nherited IRA/Roth IRA Endorsement-S40713</a> incorporated by reference as
              exhibit EX-99.B4.q. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(n)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000083634606000080/file012.txt">Roth IRA Endorsement-S40342</a> incorporated by
              reference as exhibit EX-99.B4.l. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(o)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000092838999000296/0000928389-99-000296.txt">IRA Endorsement-S40014</a> incorporated
              by reference as exhibit EX-99.B4.g. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="2">
            <div style="line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;(p)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="vertical-align: top; width: 94%;">
            <div style="margin-right: 3.6pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/836346/000092838999000296/0000928389-99-000296.txt">Unisex Endorsement-(S20146)</a>
              incorporated by reference as exhibit EX-99.B4.h. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

    </table>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;5.*</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-family: 'Arial Narrow';">&#160;
        &#160; &#160; &#160;&#160;&#160;&#160;&#160;<a href="ex5.htm"> Opinion re Legality.</a></font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;8.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Opinion re Tax Matters - not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;9.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;10.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160;&#160;&#160;&#160; Material Contracts &#8211; not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;11.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160;&#160;&#160;&#160; Not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;12.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;15.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;16.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Not applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;21.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';"> <font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160; </font>&#160; &#160; &#160;&#160; &#160;&#160;&#160; Not applicable.</font></div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;23.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.06pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; </font><font style="font-family: 'Arial Narrow';">(a)*&#160;&#160; <a href="ex23a.htm">Consent of Independent Registered Public Accounting Firm.</a></font></div>
    <div style="text-indent: -22.5pt; margin-left: 45pt; line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160; (b)&#160; &#160; Consent of Counsel, filed as Exhibit 5 to this Registration Statement.</div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z33d8ee7508d544748e256c3be08737e5" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 45pt; vertical-align: top;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;24.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
                </font></td>
              <td style="width: 27pt; vertical-align: top;"><font style="font-family: 'Arial Narrow';">(a)</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.4pt;">&#160;&#160;&#160;&#160;&#160;&#160; <br>
                </font></td>
              <td style="width: auto; vertical-align: top; font-family: 'Arial Narrow';"><a href="https://www.sec.gov/Archives/edgar/data/72499/000007249913000003/ex24b.htm">Board Resolution, effective December 11, 2012</a>, of the Board of Directors of
                Allianz Life Insurance Company of North America, filed on January 3, 2013 as Exhibit 24(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.</td>
            </tr>

        </table>
      </div>
    </div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; &#160;&#160; (b)&#160; &#160;&#160; <a href="https://www.sec.gov/Archives/edgar/data/72499/000119312514142646/d687637dex24d.htm">Form of Board Resolution of the Board of
        Directors of Allianz Life Insurance Company of North America,</a> effective April 14, 2014, filed on April 14, 2014 as Exhibit 24(d) to Registrant's Post-Effective Amendment No. 2 to Form S-1 (File No. 333-185864), is </div>
    <div style="line-height: 12pt; margin-bottom: 4.8pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; incorporated by reference.</div>
    <table cellspacing="0" cellpadding="0" id="z95066d478d5648e89cc39a63860d682e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

        <tr>
          <td style="width: 22.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br>
          </td>
          <td style="width: 22.9pt; vertical-align: top; font-family: 'Arial Narrow';">(c)*</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a href="ex24c.htm">Powers of Attorney</a></div>
          </td>
        </tr>

    </table>
    <div style="line-height: 12pt; margin-bottom: 4.8pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;25.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';">Not
        applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;26.</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-family: 'Arial Narrow';">Not
        applicable</font></div>
    <div style="line-height: 12pt; margin-bottom: 6pt;">
      <div>
        <table cellspacing="0" cellpadding="0" id="z38bd855f59b448c69a84554abfc87245" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 63px; vertical-align: top;"><font style="font-family: 'Arial Narrow';">&#160;&#160;&#160;99.*</font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.04pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
              <td style="width: auto; vertical-align: top; font-family: 'Arial Narrow';"><a href="ex99.htm">Daily Adjustment Exhibit &#8211; Ex 99</a>_IAIADV,IA+, IA+NF, IA+INC
                (10/23)</td>
            </tr>

        </table>
      </div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z03e41e5ce1854fcd86063bd466ec2d6d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 6pt;">

        <tr>
          <td style="width: 45.4pt; vertical-align: top; font-family: 'Arial Narrow';">&#160;&#160;107*.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Arial Narrow';"><a name="z_GoBack"></a><a href="ex107filingsfees.htm">Filing Fee Table</a></div>
          </td>
        </tr>

    </table>
    <div style="line-height: 11.4pt; margin-top: 6pt; font-family: 'Arial Narrow';">&#160;&#160;&#160;*&#160; Filed herewith</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">(b) Financial Statement Schedules</div>
    <div style="margin-left: 18pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">All required financial statement schedules of Allianz Life Insurance Company of North America are included in Part I of this registration statement.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageFooter"></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div class="BRPFPageHeader"></div>
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 12pt; margin-top: 6pt; margin-bottom: 6pt; font-family: 'Arial Narrow'; font-weight: bold;">ITEM 17.&#160;&#160; UNDERTAKINGS.</div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:</div>
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        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(1)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment
              thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total
              dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to
              Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(iii)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such
              information in the registration statement.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(2)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be
              a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(3)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
              termination of the offering.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(4)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule
              424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the
              registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or
              deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that
              was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="line-height: 11.4pt; font-family: 'Arial Narrow';">(5)</div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
              of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
              purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
              purchaser:</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(i)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 11.4pt; font-family: 'Arial Narrow';">(ii)</div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the
              undersigned registrant;</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">(iii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or
              its securities provided by or on behalf of the undersigned registrant; and</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">&#160;</td>
          <td style="width: 6.2%; vertical-align: top;">
            <div style="text-align: center; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">(iv)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 87.76%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.04%; vertical-align: top;">
            <div style="text-align: justify; line-height: 12pt; margin-bottom: 2pt; font-family: 'Arial Narrow';">(6)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 93.96%; vertical-align: top;" colspan="2">
            <div style="margin-left: 1.75pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
              persons of the Registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that, in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the
              Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
              in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter
              has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such
              issue.</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>

    </table>
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    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">SIGNATURES</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned,
      thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 10th day of October 2023.</div>
    <div style="margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</div>
    <div style="margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">By: <u>/s/ Jasmine M. Jirele*</u></div>
    <div style="margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Jasmine M. Jirele</div>
    <div style="margin-left: 162pt; line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;Chief Executive Officer, President, and Director</div>
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    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on October
      10, 2023.</div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
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          <td style="width: 34.74%; vertical-align: top;">
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              <div style="text-align: center; line-height: 12pt; font-family: 'Arial Narrow'; font-weight: bold;">Signature</div>
            </div>
          </td>
          <td style="width: 65.26%; vertical-align: top;" colspan="2">
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              <div style="text-align: center; line-height: 12pt; font-family: 'Arial Narrow'; font-weight: bold;">Title</div>
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          </td>
        </tr>
        <tr>
          <td style="width: 34.74%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Jasmine Jirele<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director, President &amp; Chief Executive Officer</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 34.74%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Andreas G. Wimmer*</div>
          </td>
          <td style="width: 59.54%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director and Board Chair</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Walter R. White<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 34.74%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Udo Frank<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
          </td>
          <td style="width: 59.54%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 34.74%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">William E. Gaumond<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
          </td>
          <td style="width: 59.54%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director, Senior Vice President, Chief Financial Officer and Treasurer (principal accounting officer)</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Kevin E. Walker<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
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        <tr>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Howard E. Woolley<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">*</sup></div>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
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          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
        </tr>
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            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Lauren K. Day*</div>
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          <td style="width: 59.54%; vertical-align: top;">
            <div style="line-height: 12pt; font-family: 'Arial Narrow';">Director</div>
          </td>
          <td style="width: 5.72%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-indent: -14.4pt; margin-left: 14.4pt; line-height: 10pt; margin-top: 6pt; font-family: 'Times New Roman'; font-size: 8pt;">*By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.</div>
    <div style="line-height: 10pt; margin-bottom: 1pt;"><br style="line-height: 10pt;">
    </div>
    <div style="line-height: 12pt; margin-bottom: 6pt;"><br style="line-height: 12pt;">
    </div>
    <div style="line-height: 12pt;"><font style="font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;BY<u>: /s/ John P. Hite</u></font><font class="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></div>
    <div style="line-height: 12pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;John P. Hite</div>
    <div style="line-height: 12pt; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Counsel</div>
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    </div>
    <div style="line-height: 10.25pt;"><br style="line-height: 10.25pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">FORM S-1</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: center; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">INDEX TO EXHIBITS</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
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          <td style="width: 16.87%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: right; line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">Exhibit</div>
          </td>
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            <div style="line-height: 11.4pt; font-family: 'Times New Roman'; font-weight: bold;">Description of Exhibit</div>
          </td>
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        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">4(i)(ii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">Index Dual Precision Strategy Rider, S40909</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">4(i)(iii)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">Index Precision Strategy Rider, S40891-03</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.87%; vertical-align: top;">
            <div style="text-align: right; margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">4(i)(iv)</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
          <td style="width: 83.13%; vertical-align: top;">
            <div style="margin-right: 4.45pt; line-height: 11.4pt; margin-bottom: 6pt; font-family: 'Arial Narrow';">Index Options Contract Schedule, S40877-03</div>
            <div style="line-height: 0pt;"><font style="line-height: 0pt;">&#160;</font></div>
          </td>
        </tr>
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{"company-data": {"conformed-name": "ALLIANZ LIFE INSURANCE CO OF NORTH AMERICA", "cik": "0000072499", "assigned-sic": "6311", "irs-number": "411366075", "state-of-incorporation": "MN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-1", "act": "33", "file-number": "333-274933", "film-number": "231319569"}, "business-address": {"street1": "5701 GOLDEN HILLS DRIVE", "city": "MINNEAPOLIS", "state": "MN", "zip": "55416", "phone": "800-950-5872"}, "mail-address": {"street1": "5701 GOLDEN HILLS DRIVE", "city": "MINNEAPOLIS", "state": "MN", "zip": "55416"}, "former-company": {"former-conformed-name": "NORTH AMERICAN LIFE & CASUALTY CO", "date-changed": "19951012"}}
As filed with the Securities and Exchange Commission on October 10, 2023                   Registration No. 333-______
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
Allianz Life Insurance Company of North America
(Exact name of Registrant as specified in its charter)
Minnesota
(State or other jurisdiction of
incorporation or organization)
6311
(Primary Standard Industrial
Classification Code Number)
41-1366075
(I.R.S. Employer
Identification No.)
5701 Golden Hills Drive
Minneapolis, MN 55416
(800) 950-5872
(Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices)
John P. Hite, Esq.
Allianz Life Insurance Company of North America
5701 Golden Hills Drive
Minneapolis, MN 55416
(763) 765-7494
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Approximate date of commencement of proposed sale to the public:
As soon as practicable after this registration statement becomes effective.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check
      the following box. [X]
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the
      definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer
[   ]
Accelerated filer
[   ]
Non-accelerated filer
[X]
Smaller reporting company   [   ]
(Do not check if a smaller reporting company)
The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further
      amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the
      Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
PART I – PROSPECTUS
ALLIANZ Index Advantage+ NF
SM
VARIABLE ANNUITY CONTRACT
Issued by Allianz Life Variable Account B and Allianz Life Insurance Company of North America (Allianz
                Life, we, us, our)
The variable annuity described in this prospectus is an individual flexible purchase payment index-linked variable deferred annuity
                contract (Contract). This prospectus describes the Contract between you, the Owner, and Allianz Life. Allianz Life Financial Services, LLC distributes the Contracts.
The Contract allows you to allocate your money (Purchase Payments) and any earnings among the Contract's investment options, which
                currently include index-linked investment options (Index Options). The Contract also includes the AZL Government Money Market Fund, but you cannot allocate Purchase Payments to this fund.
•
Index Options.
Each Index Option is tied (or linked) to the performance of a specific market Index for a defined time period (Term). Each Index Option has a downside feature that provides limited protection against any negative Index rate of
                    return (Index Return) that may be credited to your investment for a Term. Limited protection from negative Index Returns is provided by the Buffer for the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance
                    Strategy; and by the Floor for the Index Guard Strategy. The maximum potential negative Performance Credit is: -90% with a 10% Buffer; -80% with a 20% Buffer; -70% with a 30% Buffer; and -10% with the Floor.
Such losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal
                    charge, or is a deduction of Contract fees and expenses.
The Index Protection
                    Strategy with Trigger provides 100% protection against negative Index Returns. Each Index Option also has an upside feature that puts an upper limit on positive Index Return that may be credited for a Term. The upper limit on positive
                    Index Return is provided by the Cap for the Index Performance Strategy and Index Guard Strategy; and the Trigger Rate for the Index Dual Precision Strategy, Index Precision Strategy, and Index Protection Strategy with Trigger.
                    Multi-year Term Index Options also have a Participation Rate that may allow you to receive more than the positive Index Return.
•
AZL
®
Government Money Market Fund.
The sole purpose of the AZL Government Money Market Fund is to hold Purchase Payments until they are transferred to the Index Options. The AZL Government Money Market Fund performance is based on the securities in
                    which it invests.
We expect to add Index Options from time to time. A list of currently available Index Options can be found in the Overview of the
                Contract section of this prospectus.
Index-linked and variable annuity contracts are complex insurance and investment vehicles. You may lose money,
                including your principal investment and previously credited earnings. Contract fees and expenses could cause your losses to be greater than the downside protection of the Index Options. Your losses may be significant.
This Contract is not intended for someone who is seeking complete protection from downside risk, seeking unlimited investment potential, or expecting to take withdrawals that will not
                be subject to withdrawal charges or Daily Adjustments. Before investing, be sure to ask your Financial Professional about the Contract's features, benefits, risks, fees and expenses, whether the Contract is appropriate for you based upon
                your financial situation and objectives, and for a specific recommendation to purchase the Contract.
The Contract's risks are
                described in Risk Factors on page 20 of this prospectus.
Before the end of an Index Option's Term, if you take any type of withdrawal, execute the Performance Lock
                feature, begin Annuity Payments, or if we pay a death benefit or deduct a fee or expense, we base the transaction on the interim value of your Index Option investment, which includes the Daily Adjustment. The Daily Adjustment fluctuates
                daily. With the Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, the Daily Adjustment can be positive or negative. In extreme circumstances the Daily Adjustment could result in a
                loss beyond the protection of the Buffer or Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the Index
                Guard Strategy. Although with the Index Protection Strategy with Trigger the Daily Adjustment cannot be negative, deductions of Contract fees and expenses could cause you to lose principal and previously credited earnings. The Daily
                Adjustment could reflect significantly less gain, or more loss than we would apply to an Index Option at the end of a Term.
Such
                losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract fees and expenses.
If you have Index Options with different Term End Dates, there may be no time that any such transaction can be performed without the application of at least one Daily
                Adjustment.
A withdrawal charge also applies if you take a withdrawal within six years of your last Purchase Payment.
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
1
The Contract may be available through third-party financial advisers who charge a financial adviser fee for their services. If you choose to pay
                financial adviser fees from this Contract, the deduction of this financial adviser fee is in addition to this Contract's fees and expenses, and the deduction is treated the same as any other withdrawal under the Contract.
As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, and, if withdrawn on a day other than a Term End Date, we apply the Daily
                Adjustment (which can be negative) to the Contract Value before deducting the withdrawal.
Withdrawals will reduce the Contract Value, Cash Value, and Guaranteed Death Benefit Value (perhaps significantly
                and by more than the amount withdrawn), are subject income taxes, and may be subject to a 10% additional federal tax for amounts withdrawn before age 59
1
∕
2
.
Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets
                you may have.
All obligations and guarantees under the Contract, including index-linked returns (Performance
                Credits), are the obligations of Allianz Life and are subject to our claims-paying ability and financial strength.
Please read this prospectus before investing and keep it for future reference. The prospectus describes all material rights and
                obligations of purchasers under the Contract. It contains important information about the Contract and Allianz Life that you ought to know before investing including material state variations. Availability of Index Options may vary by
                financial intermediary. You can obtain information on which Index Options are available to you by calling (800) 624-0197, or from your Financial Professional. This prospectus is not offered in any state, country, or jurisdiction in which we
                are not authorized to sell the Contracts. You should rely only on the information contained in this prospectus. We have not authorized anyone to give you different information.
If you are a new investor in the Contract, you may cancel your Contract within 10 days of receiving it without paying fees or
                penalties. In some states, this cancellation period may be longer. Upon cancellation, you will receive either a full refund of the amount you paid with your application or your total Contract Value. If you have an Individual Retirement
                Annuity Contract, we refund the greater of Purchase Payments less withdrawals, or total Contract Value. You should review this prospectus, or consult with your Financial Professional, for additional information about the specific
                cancellation terms that apply.
The Securities and Exchange Commission (SEC) has not approved or disapproved these securities
                or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. An investment in this Contract is not a deposit of a bank or financial institution and is not federally insured or
                guaranteed by the Federal Deposit Insurance Corporation or any other federal government agency. An investment in this Contract involves investment risk including the possible loss of principal.
This prospectus is not intended to constitute a suitability recommendation or fiduciary advice.
Additional information about certain investment products, including variable annuities, has been prepared by the Securities &
                Exchange Commission's (SEC) staff and is available at investor.gov.
Dated: October 23, 2023
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
2
TABLE OF CONTENTS
Glossary
5
Important Information You Should Consider
About the Contract
11
Overview of the Contract
15
What Is the Purpose of the Contract?
15
What Are the Phases of the Contract?
16
What Are the Contract's Primary
                              Features?
17
Fee Tables
18
Transaction Expenses
18
Annual Contract Expenses
19
Annual Expenses of the AZL Government
Money Market Fund
19
Example
19
Risk Factors
20
Liquidity Risks
20
Risks of Investing in Securities
21
Risk of Negative Returns
22
Risks Associated with Calculation of
Performance Credits
23
Risks Associated with Performance Locks and
Early Reallocations
24
Risks Associated with Substitution of an
Index and Limitation on Further
Investments
24
Risks Associated with Changes to Trigger
Rates, Caps, and Participation Rates
25
Risks Associated with Investment in
Derivative Hedging Instruments
26
Risks of Deducting Financial Adviser Fees
from the Contract
27
Risks Associated with Our Financial Strength
and Claims-Paying Ability
27
Regulatory Protections
27
1.
The Contract
27
When the Accumulation Phase Ends
28
Financial Adviser Fees
28
When the Contract Ends
30
2.
Ownership, Annuitant, Determining Life,
Beneficiary, and Payee
30
Owner
30
Joint Owner
31
Annuitant
31
Determining Life (Lives)
31
Beneficiary
32
Payee
32
Assignments, Changes of Ownership and
Other Transfers of Contract Rights
32
3.
Purchasing the Contract
32
Purchase Requirements
32
Applications Sent Electronically
33
Allocation of Purchase Payments and
Contract Value Transfers
33
Electronic Allocation Instructions
35
Free Look/Right To Examine Period
35
4.
Valuing Your Contract
36
Determining Variable Account Value
37
How the Crediting Methods Work
37
Comparing Crediting Methods
38
Bar Chart Examples of Crediting Method
Performance
41
Determining Index Option Values
45
Calculating Performance Credits
47
Daily Adjustment
48
Performance Locks and Early Reallocations
49
5.
AZL Government Money Market Fund
51
Substitution and Limitation on Holdings
51
Excessive Trading and Market Timing
52
Voting Privileges
53
6.
Expenses
54
Optional Benefit Additional Rider Fee
54
Contract Maintenance Charge (Administrative
Expenses)
55
Withdrawal Charge
55
Daily Adjustment Maximum Potential Loss
57
Premium Tax
57
Income Tax
57
AZL Government Money Market Fund
Expenses
58
7.
Access to Your Money
58
Free Withdrawal Privilege
59
Minimum Distribution Program and Required
Minimum Distribution (RMD) Payments
59
Waiver of Withdrawal Charge Benefit
60
Suspension of Payments or Transfers
60
8.
The Annuity Phase
60
Calculating Your Annuity Payments
60
Annuity Payment Options
61
When Annuity Payments Begin
61
9.
Benefits Available Under the Contract
62
10.
Death Benefit
65
Maximum Anniversary Value
66
Death of the Owner and/or Annuitant
67
Death Benefit Payment Options During the
Accumulation Phase
67
Death Benefit Payment Options
68
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
3
TABLE OF CONTENTS
11.
Taxes
68
Annuity Contracts in General
68
Qualified Contracts
69
Summary of Individuals and Entities That Can
Own a Qualified Contract
70
Non-Qualified Contracts
70
Non-Qualified Contracts Owned by
Non-Individuals
70
Taxation of Withdrawals
70
10% Additional Federal Tax
71
Non-Qualified Annuity Medicare Tax
72
Payments for Financial Adviser Fees
72
RMDs From Qualified Contracts
72
Diversification
73
Owner Control
73
Taxation of Annuity Payments
73
Distributions Upon the Owner's Death (or
Annuitant's Death If the Owner Is a
Non-individual)
73
Tax-Free Section 1035 Exchanges
75
Multiple Non-Qualified Contracts Purchased
In the Same Year By the Same Owner
75
Assignments, Pledges and Gratuitous
Transfers
75
Income Tax Withholding
76
Federal Estate Taxes
76
Generation-Skipping Transfer Tax
76
Foreign Tax Credits
76
Possible Tax Law Changes
76
12.
Other Information
76
The Registered Separate Account
76
Our General Account
77
Our Unregistered Separate Account
77
Distribution
77
Additional Credits for Certain Groups
78
Administration/Allianz Service Center
79
Legal Proceedings
79
Status Pursuant to Securities Exchange Act of
1934
79
13.
Information on Allianz Life
79
Directors, Executive Officers and Corporate
Governance
79
Executive Compensation
85
Security Ownership of Certain Beneficial
Owners and Management
96
Transactions with Related Persons,
Promoters and Certain Control Persons
96
Business and Operational Risks Relevant to
the Contract
96
14.
Financial Statements
103
Appendix A – Available Indexes
104
S&P 500
®
Index
104
Russell 2000
®
Index
104
Nasdaq-100
®
Index
105
EURO STOXX 50
®
105
i
Shares
®
MSCI Emerging Markets
ETF
106
Appendix B – Daily Adjustment
107
Appendix C – Rider Fee Calculation
                              Example
110
Appendix D – Material Contract Variations
                              by
State
111
Crediting Method and/or Index Option
Availability Restrictions
111
Material State Contract Variations
111
Appendix E – Variable Investment Option
                              Under
the Contract
114
Appendix F – Unaudited Selected Financial
                              Data
and Statutory Financial Statements
115
For Service or More Information
Back Cover
Our Service Center
Back Cover
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
4
Glossary
This prospectus is written in plain English. However, there are some technical words or terms that are capitalized and are used as
                defined terms throughout the prospectus. For your convenience, we included this glossary to define these terms.
Accumulation Phase
– the first phase of your
                Contract before you request Annuity Payments. The Accumulation Phase begins on the Issue Date.
Annuitant
– the individual upon whose life we
                base the Annuity Payments. Subject to our approval, the Owner designates the Annuitant, and can add a joint Annuitant for the Annuity Phase. There are restrictions on who can become an Annuitant.
Annuity Date
– the date we begin making
                Annuity Payments to the Payee from the Contract. Your Annuity Date must occur on an Index Anniversary. The earliest available Annuity Date is the second Index Anniversary, and the latest possible Annuity Date is age 100.
Annuity Options
– the annuity income options
                available to you under the Contract.
Annuity Payments
– payments made by us to the
                Payee pursuant to the chosen Annuity Option.
Annuity Phase
– the phase the Contract is in
                once Annuity Payments begin.
Beneficiary
– the person(s) or entity the Owner
                designates to receive any death benefit, unless otherwise required by the Contract or applicable law.
Buffer
– for each Index Option with the Index
                Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy, this is the negative Index Return that we absorb over the duration of a Term (which can be either one, three, or six years) before applying a negative
                Performance Credit. We do
not
apply the Buffer annually on
                a 3-year or 6-year Term Index Option. The Index Dual Precision Strategy and Index Precision Strategy Buffers are 10%, and Index Performance Strategy Buffers are either 10%, 20%, or 30%. Buffers do not change.
Business Day
– each day on which the New York
                Stock Exchange is open for trading. Allianz Life is open for business on each day that the New York Stock Exchange is open. Our Business Day ends when regular trading on the New York Stock Exchange closes, which is usually at 4:00 p.m.
                Eastern Time.
Cap
– for any Index Option with the Index
                Performance Strategy, or Index Guard Strategy, this is the upper limit on positive Index performance after application of any Participation Rate over the duration of a Term (which can be either one, three, or six years) and the maximum
                potential Performance Credit for an Index Option. We do
not
apply the Cap annually on a 3-year or 6-year Term Index Option. On each Term Start Date, we set a Cap for each Index Option with the Index Performance Strategy, and Index Guard Strategy. The Caps applicable to your Contract are shown on the
                Index Options Statement.
Cash Value
– the amount available upon
                surrender (full withdrawal). It is the Contract Value less any final rider fee, contract maintenance charge, and withdrawal charge.
Charge Base
– the Contract Value on the
                preceding Quarterly Contract Anniversary (or the initial Purchase Payment received on the Issue Date if this is before the first Quarterly Contract Anniversary), increased by the dollar amount of subsequent Purchase Payments, and reduced
                proportionately for subsequent withdrawals you take or financial adviser fees that you choose to have us pay from this Contract (including any withdrawal charge) and deductions we make for Contract fees and expenses. All withdrawals you
                take reduce the Charge Base, even Penalty-Free Withdrawals. We use the Charge Base to determine the next rider fee we deduct if you select the Maximum Anniversary Value Death Benefit.
Contract
– the individual flexible purchase
                payment index-linked and variable deferred annuity contract described by this prospectus. The Contract may also be referred to as a registered index-linked annuity, or "RILA".
Contract Anniversary
– a twelve-month
                anniversary of the Issue Date or any subsequent Contract Anniversary.
Contract Value
– the current value of the
                Purchase Payments you invest. On any Business Day, your Contract Value is the sum of your Index Option Value(s) and Variable Account Value. Variable Account Value fluctuates each Business Day that money is held in the AZL Government Money
                Market Fund. Index Option Value is increased or decreased on each Term End Date to reflect Performance Credits, which can be negative with the Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, and Index
                Performance Strategy.
A negative Performance Credit means that you can lose principal and previous earnings.
The Index Option Values also reflect the Daily Adjustment on every
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
5
Business Day other than the Term Start Date or Term End Date. All withdrawals you take reduce Contract Value dollar for dollar, even Penalty-Free
                Withdrawals, and financial adviser fees that you choose to have us pay from this Contract. Contract Value is also reduced dollar for dollar for deductions we make for Contract fees and expenses. However, Contract Value does not reflect
                future fees and expenses we would apply on surrender. The Cash Value reflects all Contract fees and expenses we would apply on surrender (including any withdrawal charge).
Contract Year
– any period of twelve months
                beginning on the Issue Date or a subsequent Contract Anniversary.
Crediting Method
– a method we use to
                calculate Performance Credits for the Index Options.
Daily Adjustment
– how we calculate Index
                Option Values on days other than the Term Start Date or Term End Date as discussed in section 4, Valuing Your Contract – Daily Adjustment; and Appendix B. The Daily Adjustment approximates the Index Option Value that will be available on
                the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment for the Index Protection Strategy with Trigger cannot be negative.
Determining Life (Lives)
– the person(s)
                designated at Contract issue and named in the Contract on whose life we base the guaranteed Traditional Death Benefit or Maximum Anniversary Value Death Benefit.
Early Reallocation
– a feature that allows you
                to move assets out of a locked Index Option on days other than an Index Anniversary or a Term End Date.
Financial Professional
– the person who advises
                you regarding the Contract.
Floor
– for any Index Option with the Index
                Guard Strategy, this is the maximum amount of negative Index Return you absorb as a negative Performance Credit. The Floors are -10% and do not change.
Good Order
– a request is in "Good Order" if it
                contains all of the information we require to process the request. If we require information to be provided in writing, "Good Order" also includes providing information on the correct form, with any required certifications, guarantees
                and/or signatures, and received at our Service Center after delivery to the correct mailing, email, or website address, which are all listed at the back of this prospectus. If you have questions about the information we require, or whether
                you can submit certain information by fax, email or over the web, please contact our Service Center. If you send information by email or upload it to our website, we send you a confirmation number that includes the date and time we received
                your information.
Guaranteed Death Benefit Value
– the guaranteed
                value that is available to your Beneficiary(s) on the first death of any Determining Life during the Accumulation Phase. The Guaranteed Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take
                (including any withdrawal charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. All withdrawals you take reduce the Guaranteed Death Benefit Value,
                even Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract. However, we do not reduce the Guaranteed Death Benefit Value for deductions we make for Contract fees and expenses. These
                deductions will, however, reduce the Contract Value we use to calculate the Maximum Anniversary Value.
Index (Indexes)
– one (or more) of the
                nationally recognized third-party broad based equity securities price return Indexes or exchange-traded fund available to you under your Contract as described in Appendix A.
Index Anniversary
– a twelve-month anniversary
                of the Index Effective Date or any subsequent Index Anniversary.
Index Dual Precision Strategy
– one of the
                Crediting Methods described in section 4, Valuing Your Contract. The Index Dual Precision Strategy calculates Performance Credits based on Index Returns subject to a Trigger Rate and 10% Buffer. You can receive negative Performance Credits
                under this Crediting Method, which means you can lose principal and previous earnings. The Index Dual Precision Strategy may perform best in periods of small positive or small negative market movements because the Trigger Rates will
                generally be greater than the Trigger Rates for the Index Protection Strategy with Trigger, but less than the Index Precision Strategy Trigger Rates and Index Performance Strategy Caps. The Index Dual Precision Strategy differs from the
                other available Crediting Methods in that it provides a positive Performance Credit for small negative market movements when the loss is less than or equal to the 10% Buffer. However, the Index Dual Precision Strategy is similar to the
                Index Performance Strategy with 10% Buffer Index Options and Index Precision Strategy in that losses exceeding the 10% Buffer result in negative Performance Credits. In a period of extreme negative market performance, the risk of loss is
                greater with the Index Dual Precision Strategy than with the Index Guard Strategy, because the Index Guard Strategy provides protection for any losses beyond the -10% Floor. Significant losses beyond the 10% Buffer for the Index Dual
                Precision Strategy can result in substantial loss of principal and previous earnings.
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Index Effective Date
– the first day we allocate assets to an
                Index Option. The Index Effective Date is stated on the Index Options Statement and starts the first Index Year. When you purchase this Contract you select the Index Effective Date as discussed in section 3, Purchasing the Contract –
                Allocation of Purchase Payments and Contract Value Transfers.
Index Guard Strategy
– one of the Crediting
                Methods described in section 4, Valuing Your Contract. The Index Guard Strategy calculates Performance Credits based on Index Returns subject to a Cap and -10% Floor. You can receive negative Performance Credits under this Crediting Method,
                which means you can lose principal and previous earnings. The Index Guard Strategy is more sensitive to smaller negative market movements that persist over time because the -10% Floor reduces the impact of large negative market movements.
                In an extended period of smaller negative market returns, the risk of loss is greater with the Index Guard Strategy than with the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy.
Index Option
– the index-linked investments
                available to you under the Contract. Each Index Option is the combination of an Index, a Crediting Method, a Term length, and any applicable Buffer or Floor amount.
Index Option Base
– an amount we use to
                calculate Performance Credits and the Daily Adjustment. The Index Option Base is initially equal to the amounts you allocate to an Index Option. We reduce the Index Option Base proportionately for withdrawals you take and any financial
                adviser fees that you choose to have us pay from this Contract (including any withdrawal charge), and deductions we make for Contract fees and expenses; we increase/decrease it by the dollar amount of additional Purchase Payments allocated
                to, transfers into or out of the Index Option, and any Performance Credits.
Index Option Value
– on any Business Day, it
                is equal to the portion of your Contract Value in a particular Index Option. We establish an Index Option Value for each Index Option you select. Each Index Option Value includes any Performance Credits from previous Term End Dates and
                reflects proportional reductions for previous partial withdrawals you take and any financial adviser fees that you choose to have us pay from this Contract (including any withdrawal charge), and previous deductions we made for Contract fees
                and expenses. On each Business Day, other than the Term Start Date or Term End Date, the Index Option Values also include an increase/decrease from the Daily Adjustment.
Index Options Statement
– the account
                statement we mail to you on the Index Effective Date and each Index Anniversary thereafter. On the Index Effective Date, the statement shows the initial Index Values, Trigger Rates, Caps, and Participation Rates for the Index Options you
                selected. On each Index Anniversary, the statement shows the new Index Values, Performance Credits received, and renewal Trigger Rates, Caps, and Participation Rates that are effective for the next Term for the Index Options you selected
                that have reached their Term End Date. The Index Options Statement also shows any applicable Buffer or Floor for your selected Index Option(s). For any Index Option you selected that has not reached its Term End Date the statement shows the
                current Index Anniversary's Index Option Value, which includes the Daily Adjustment.
Index Performance Strategy
– one of the
                Crediting Methods described in section 4, Valuing Your Contract. This Crediting Method offers 1-year, 3-year, and 6-year Terms. The Index Performance Strategy calculates Performance Credits based on Index Returns subject to any applicable
                Participation Rate, Cap, and a 10%, 20%, or 30% Buffer. You can receive negative Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Performance Strategy is more sensitive to
                large negative market movements because small negative market movements are absorbed by the 10%, 20%, or 30% Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Performance Strategy than
                with the Index Guard Strategy.
Index Precision Strategy
– one of the
                Crediting Methods described in section 4, Valuing Your Contract. The Index Precision Strategy calculates Performance Credits based on Index Values and Index Returns subject to the Trigger Rate and 10% Buffer. You can receive negative
                Performance Credits under this Crediting Method, which means you can lose principal and previous earnings. The Index Precision Strategy may perform best in periods of small positive market movements because the Trigger Rates will generally
                be greater than the Index Protection Strategy and Index Dual Precision Strategy Trigger Rates, but less than the Index Performance Strategy Caps. The Index Precision Strategy is more sensitive to large negative market movements because
                small negative market movements are absorbed by the 10% Buffer. In a period of extreme negative market performance, the risk of loss is greater with the Index Precision Strategy than with the Index Guard Strategy.
Index Protection Strategy with Trigger
– one
                of the Crediting Methods described in section 4, Valuing Your Contract. The Index Protection Strategy with Trigger provides Performance Credits equal to the Trigger Rate on the Term End Date if the current Index Value is equal to or greater
                than the Index Value on the Term Start Date. The Index Protection Strategy
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Variable Annuity Prospectus – October 23, 2023
7
with Trigger provides the most protection because it does not allow negative Performance Credits, and offers the least growth opportunity as Trigger
                Rates will generally be less than Caps, and the Trigger Rates available with the Index Dual Precision Strategy and Index Precision Strategy.
Index Return
– the percentage change in Index
                Value from the Term Start Date to the Term End Date, which we use to determine the Performance Credits. The Index Return is the Index Value on the Term End Date, minus the Index Value on the Term Start Date, divided by the Index Value on
                the Term Start Date.
Index Value
– an Index's closing market price
                at the end of the Business Day on the Term Start Date and Term End Date as provided by Bloomberg or another market source if Bloomberg is not available.
Index Year
– a twelve-month period beginning
                on the Index Effective Date or a subsequent Index Anniversary.
Issue Date
– the date we issue the Contract.
                The Issue Date is stated in your Contract and starts your first Contract Year. Contract Anniversaries and Contract Years are measured from the Issue Date.
Joint Owners
– the two person(s) designated
                at Contract issue and named in the Contract who may exercise all rights granted by the Contract. Joint Owners must be spouses within the meaning of federal tax law.
Lock Date
– this is the Business Day we
                execute a Performance Lock and capture an Index Option Value (which
includes
the Daily Adjustment) before the Term End Date.
Maximum Anniversary Value
– the highest
                Contract Value on any Index Anniversary before age 91, increased by the dollar amount of subsequent Purchase Payments, and reduced proportionately for subsequent withdrawals you take (including any withdrawal charge), used to determine the
                Maximum Anniversary Value Death Benefit as discussed in section 10. All withdrawals you take reduce your Maximum Anniversary Value, even Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this
                Contract. Deductions we make for Contract fees and expenses other than the withdrawal charge do not reduce the Maximum Anniversary Value. These deductions will, however, reduce the Contract Value we use to calculate the Maximum Anniversary
                Value.
Maximum Anniversary Value Death Benefit
– an
                optional benefit described in section 10 that has an additional rider fee and is intended to potentially provide a death benefit greater than the Traditional Death Benefit. The Maximum Anniversary Value Death Benefit can only be added to a
                Contract at issue.
Non-Qualified Contract
– a Contract that is not
                purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
Owner
– "you," "your" and "yours." The
                person(s) or entity designated at Contract issue and named in the Contract who may exercise all rights granted by the Contract.
Participation Rate
– may allow you to receive
                more than the Index Return if the Index Return is positive, but the Participation Rate cannot boost Index Returns beyond any declared Cap. We do
not
apply the Participation Rate if the Index Return is zero or negative. We do
not
apply the Participation Rate annually. The Participation Rate is only available on the Index Performance Strategy
                3-year and 6-year Terms. The Participation Rate is not available on Index Performance Strategy 1-year Terms. We set Participation Rates on each Term Start Date. The Participation Rates applicable to your Contract are shown on the Index
                Options Statement.
Payee
– the person or entity who receives
                Annuity Payments during the Annuity Phase.
Penalty-Free Withdrawals
– withdrawals you take
                that are not subject to a withdrawal charge. Penalty-Free Withdrawals include withdrawals you take under the free withdrawal privilege or waiver of withdrawal charge benefit, and RMD payments you take under our minimum distribution program.
Performance Credit
– the return you receive on
                a Term End Date from the Index Options. We base Performance Credits on Index Values and Index Returns after application of any Participation Rate up to the Cap, any Trigger Rate, or any Buffer or Floor. Performance Credits cannot be
                negative with the Index Protection Strategy with Trigger Index Options.
However, Performance Credits can be negative with the Index Dual Precision
                Strategy, Index Precision Strategy, Index Guard Strategy, and Index Performance Strategy Index Options.
If Performance Credits are negative,
you can lose principal and previous earnings.
Performance Lock
– a feature that allows you to
                capture the current Index Option Value during the Term. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. After the Lock Date, Daily Adjustments do not apply to
                a locked Index Option for the remainder of the Term and the locked
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Index Option Value will not receive a Performance Credit on the Term End Date. We will not execute a Performance Lock on Index Protection Strategy
                with Trigger Index Options if the Daily Adjustment is zero.
Proxy Investment
– provides a current
                estimate of what the Performance Credit will be on the Term End Date taking into account any applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate. We use the Proxy Investment to calculate the Daily Adjustment on Business
                Days other than the Term Start Date or Term End Date. For more information, see Appendix B.
Proxy Value
– the hypothetical value of the
                Proxy Investment used to calculate the Daily Adjustment as discussed in Appendix B.
Purchase Payment
– the money you put into the
                Contract.
Qualified Contract
– a Contract purchased
                under a pension or retirement plan that qualifies for special tax treatment under sections of the Code (for example, 401(a) and 401(k) plans), Individual Retirement Annuities (IRAs), or Tax-Sheltered Annuities (referred to as TSA/403(b)
                Contracts). Currently, we issue Qualified Contracts that may include, but are not limited to Roth IRAs, traditional IRAs and Simplified Employee Pension (SEP) IRAs. We may also issue an Inherited IRA and Inherited Roth IRA to make any
                required minimum distribution payments to a beneficiary of a previously held tax-qualified arrangement.
Quarterly Contract Anniversary
– the day that
                occurs three calendar months after the Issue Date or any subsequent Quarterly Contract Anniversary.
Separate Account
– Allianz Life Variable
                Account B is the Separate Account that issues the variable investment portion of your Contract. It is a separate investment account of Allianz Life. The Separate Account holds the shares of the AZL Government Money Market Fund subaccount
                that underlies the Contracts. The Separate Account is divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option is the AZL Government Money Market
                Fund. The Separate Account is registered with the SEC as a unit investment trust, and may be referred to as the Registered Separate Account.
Service Center
– the area of our company that
                issues Contracts and provides Contract maintenance and routine customer service. Our Service Center address and telephone number are listed at the back of this prospectus. The address for mailing applications, and/or checks for Purchase
                Payments may be different and is also listed at the back of this prospectus.
Term
– The period of time, from the Term
                Start Date to the Term End Date, in which we measure Index Return to determine Performance Credits.
Term End Date –
The day on which a Term ends
                and we apply Performance Credits. A Term End Date may only occur on an Index Anniversary. If a Term End Date does not occur on a Business Day, we consider it to occur on the next Business Day.
Term Start Date –
The day on which a Term
                begins and we set the Trigger Rates, Caps, and Participation Rates for an Index Option. A Term Start Date may only occur on the Index Effective Date or an Index Anniversary. If a Term Start Date does not occur on a Business Day, we consider
                it to occur on the next Business Day. However, if you execute a Performance Lock and then request an Early Reallocation, the Term Start Date will be the Business Day we receive your Early Reallocation request in Good Order.
Traditional Death Benefit
– the guaranteed
                death benefit automatically provided by the Contract for no additional fee described in section 10.
Trigger Rate
– this is the positive Performance
                Credit you receive on a Term End Date for any Index Option with the Index Protection Strategy with Trigger, Index Dual Precision Strategy, or Index Precision Strategy. You receive the Trigger Rate on the Term End Date if the current Index
                Value is equal to or greater than the Index Value on the Term Start Date. For the Index Dual Precision Strategy, you also receive the Trigger Rate if the Index Return is negative and the loss is less than or equal to the Buffer. For the
                Index Protection Strategy with Trigger, you will not receive a negative Performance Credit if the Index Value decreases from the Term Start Date to the Term End Date. For the Index Dual Precision Strategy and the Index Precision Strategy,
                you will receive a negative Performance Credit if the Index Value decreases from the Term Start Date to the Term End Date and the decrease is greater than the Buffer. On each Term Start Date, we set a Trigger Rate for each Index Option with
                the Index Protection Strategy with Trigger, Index Dual Precision Strategy, and Index Precision Strategy. The Trigger Rates provide predefined upside potential. The Trigger Rates applicable to your Contract are shown on the Index Options
                Statement.
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Valid Claim
– the documents we require to be received in Good
                Order at our Service Center before we pay any death claim. This includes the death benefit payment option, due proof of death, and any required governmental forms. Due proof of death includes a certified copy of the death certificate, a
                decree of court of competent jurisdiction as to the finding of death, or any other proof satisfactory to us.
Variable Account Value
– on any Business Day,
                it is the value of the shares in the AZL Government Money Market Fund subaccount which holds your Purchase Payments until the Index Effective Date or the next Index Anniversary. The Variable Account Value increases and decreases based on
                the performance of the AZL Government Money Market Fund and reflects deduction of the fund's operating expenses, any previous deductions we made for Contract fees and expenses, and financial adviser fees that you choose to have us pay from
                this Contract.
Withdrawal Charge Basis
– the total amount
                under your Contract that is subject to a withdrawal charge as discussed in section 6, Expenses – Withdrawal Charge.
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Important Information
                You Should Consider About the Contract
FEES AND
                            EXPENSES
Prospectus
Location
Charges
for Early
Withdrawals
If you withdraw money from the Contract within six years of your
                            last Purchase Payment,
you will be assessed a withdrawal charge of up to 8.5% of the
                            Purchase Payment
withdrawn, declining to 0% over that time period. For example, if
                            you invest $100,000 in the
Contract and make an early withdrawal, you could pay a withdrawal
                            charge of up to $8,500.
In addition, if you take a full or partial withdrawal (including
                            financial adviser fees that you
choose to have us pay from this Contract) from an Index Option on a
                            date other than the
Term End Date, a Daily Adjustment will apply to the Index Option
                            Value that is available for
withdrawal. The Daily Adjustment also applies if before the Term End
                            Date you execute a
Performance Lock, annuitize the Contract, we pay a death benefit, or
                            we deduct Contract
fees and expenses. The Daily Adjustment may be negative depending on
                            the applicable
Crediting Method. You will lose money if the Daily Adjustment is
                            negative.
•
Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy,
and Index Performance Strategy
. Daily Adjustments under these Crediting Methods
may be positive, negative, or equal to zero. A negative Daily
                            Adjustment will result in a
loss. In extreme circumstances, a negative Daily Adjustment could
                            result in a loss
beyond the protection of the 10%, 20%, or 30% Buffer; or -10%
                            Floor, as applicable.
The maximum potential loss from a negative Daily Adjustment is:
                            -99% for the Index
Dual Precision Strategy, Index Precision Strategy, and Index
                            Performance Strategy;
and -35% for the Index Guard Strategy.
•
Index Protection Strategy with Trigger
. Daily Adjustments under this
                            Crediting
Method may be positive or equal to zero, but cannot be negative.
Fee Tables
4. Valuing Your
Contract
6. Expenses
Appendix B –
Daily
Adjustment
Transaction
Charges
Other than withdrawal charges and Daily Adjustments that may apply
                            to withdrawals and
other transactions under the Contract, there are no other
                            transaction charges.
Not Applicable
Ongoing
Fees and
Expenses
(annual
charges)
The table below describes the fees and expenses that you may pay
each year
, depending
on the options you choose. Please refer to your Contract
                            specifications page for information
about the specific fees you will pay
each year
based on the options you
                            have elected.
These ongoing fees and expenses do not reflect any financial adviser
                            fees paid to a
Financial Professional from your Contract Value or other assets of
                            the Owner. If such
charges were reflected, these ongoing fees and expenses would be
                            higher.
Fee Tables
6. Expenses
Appendix E –
Variable
Investment
Option Under
the Contract
Annual Fee
Minimum
Maximum
Base Contract
(1)
0.01%
0.01%
Investment Options
(2)
(Variable Investment Option fees and
expenses)
0.88%
0.88%
Optional Benefits Available for an Additional
Charge
(3)
(for a single optional benefit, if elected)
0.20%
0.20%
(1)
As a percentage of the Charge Base, plus an amount attributable to
                            the estimated contract maintenance
charge based on expected Contract sales.
(2)
An amount attributable to the estimated contract maintenance charge
                            based on expected Contract sales.
(3)
As a percentage of the Charge Base. This is the current charge for
                            the Maximum Anniversary Value Death
Benefit.
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FEES AND
                            EXPENSES
Prospectus
Location
Because your Contract is customizable, the choices you make affect
                            how much you will
pay. To help you understand the cost of owning your Contract, the
                            following table shows the
lowest and highest cost you could pay each year, based on current
                            charges. This estimate
assumes that you do not take withdrawals from the Contract,
which if taken from the
Index Dual Precision Strategy, Index Precision
                            Strategy, Index Guard Strategy, and
Index Performance Strategy Index Options could
                            result in substantial losses due to
the application of negative Daily Adjustments
.
Lowest Annual Cost:
$853
Highest Annual Cost:
$1,047
Assumes:
•
Investment of $100,000 in the AZL
Government Money Market Fund (even
though you cannot select the fund for
investment)
•
5% annual appreciation
•
Traditional Death Benefit
•
No additional Purchase Payments,
transfers, or withdrawals
•
No financial adviser fees
Assumes:
•
Investment of $100,000 in the AZL
Government Money Market Fund (even
though you cannot select the fund for
investment)
•
5% annual appreciation
•
Maximum Anniversary Value Death
Benefit with a 0.20% rider fee
•
No additional Purchase Payments,
transfers, or withdrawals
•
No financial adviser fees
RISKS
Risk of
Loss
You can lose money by investing in the Contract, including loss of
                            principal and previous
earnings.
Risk Factors
Not a
Short-Term
Investment
• This Contract is not a short-term investment and is not
                            appropriate if you need ready
access to cash.
• Considering the benefits of tax deferral and long-term income, the
                            Contract is generally
more beneficial to investors with a long investment time horizon.
• Withdrawals are subject to income taxes, and may also be subject
                            to a 10% additional
federal tax for amounts withdrawn before age 59
1
∕
2
.
• If within six years after we receive a Purchase Payment you take a
                            full or partial
withdrawal (including financial adviser fees that you choose to
                            have us pay from this
Contract), withdrawal charges will apply. A withdrawal charge will
                            reduce your Contract
Value or the amount of money that you actually receive. Withdrawals
                            may reduce or end
Contract guarantees.
• Amounts invested in an Index Option must be held in the Index
                            Option for the full Term
before they can receive a Performance Credit. We apply a Daily
                            Adjustment if before the
Term End Date you take a full or partial withdrawal (including
                            financial adviser fees that
you choose to have us pay from this Contract), annuitize the
                            Contract, execute a
Performance Lock, we pay a death benefit, or we deduct Contract
                            fees and expenses.
• The Traditional Death Benefit may not be modified, but it will
                            terminate if you take
withdrawals that reduce both the Contract Value and Guaranteed
                            Death Benefit Value to
zero. Withdrawals may reduce the Traditional Death Benefit's
                            Guaranteed Death Benefit
Value by more than the value withdrawn and could end the
                            Traditional Death Benefit.
Risk Factors
4. Valuing Your
Contract
10. Death Benefit
Appendix B –
Daily Adjustment
Risks
Associated
with
Investment
Options
• An investment in the Contract is subject to the risk of poor
                            investment performance and
can vary depending on the performance of the AZL Government Money
                            Market Fund and
the Index Options available under the Contract.
• The AZL Government Money Market Fund and each Index Option has its
                            own unique
risks.
• You should review the AZL Government Money Market Fund prospectus
                            and disclosures,
including risk factors, before making an investment decision.
Risk Factors
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Variable Annuity Prospectus – October 23, 2023
12
RISKS
Prospectus
Location
Insurance
Company
Risks
An investment in the Contract is subject to the risks related to us.
                            All obligations,
guarantees or benefits of the Contract are the obligations of
                            Allianz Life and are subject to
our claims-paying ability and financial strength. More information
                            about Allianz Life,
including our financial strength ratings, is available upon request
                            by visiting
allianzlife.com/about/financial-ratings, or contacting us at (800)
                            624-0197.
Risk Factors
RESTRICTIONS
Investments
• Certain Index Options may not be available under your Contract.
• You cannot allocate Purchase Payments to the AZL Government Money
                            Market Fund.
The sole purpose of the AZL Government Money Market Fund is to hold
                            Purchase
Payments until they are transferred to your selected Index Options.
• We restrict additional Purchase Payments during the Accumulation
                            Phase. Each Index
Year, you cannot add more than your initial amount (i.e., all
                            Purchase Payments received
before the first Quarterly Contract Anniversary of the first
                            Contract Year) without our prior
approval.
• We do not accept additional Purchase Payments during the Annuity
                            Phase.
• We typically only allow assets to move into the Index Options on
                            the Index Effective Date
and on subsequent Index Anniversaries as discussed in section 3,
                            Purchasing the
Contract – Allocation of Purchase Payments and Contract Value
                            Transfers. However, if
you execute a Performance Lock and request Early Reallocation, we
                            will move assets
into an Index Option on the Business Day we receive your Early
                            Reallocation request in
Good Order.
• You can typically transfer Index Option Value only on Term End
                            Dates. However, you can
transfer assets out of an Index Option Value before the Term End
                            Date by executing a
Performance Lock as discussed in section 4, Valuing Your Contract –
                            Performance Locks.
• We do not allow assets to move into an established Index Option
                            until the Term End Date.
If you request to allocate a Purchase Payment into an established
                            Index Option on an
Index Anniversary that is not a Term End Date, we will allocate
                            those assets to the same
Index Option with a new Term Start Date.
• We reserve the right to substitute the AZL Government Money Market
                            Fund. We also
reserve the right to discontinue accepting new allocations into
                            specific Index Options and
to substitute Indexes either on a Term Start Date or during a Term.
                            We also reserve the
right to decline any or all Purchase Payments at any time on a
                            nondiscriminatory basis.
Risk Factors
3. Purchasing the
Contract
4. Valuing Your
Contract
5. AZL
Government
Money Market
Fund
Appendix A –
Available Indexes
Optional
Benefits
• The optional Maximum Anniversary Value Death Benefit may not be
                            modified.
Withdrawals may reduce the Maximum Anniversary Value Death
                            Benefit's Guaranteed
Death Benefit Value by more than the value withdrawn and will end
                            the Maximum
Anniversary Value Death Benefit if the withdrawals reduce both the
                            Contract Value and
Guaranteed Death Benefit Value to zero.
10. Death Benefit
TAXES
Tax
Implications
• Consult with a tax professional to determine the tax implications
                            of an investment in and
withdrawals from or payments received under the Contract.
• If you purchased the Contract through a tax-qualified plan or
                            individual retirement account
(IRA), you do not get any additional tax benefit under the
                            Contract.
• Generally, earnings under a Non-Qualified Contract are taxed at
                            ordinary income rates
when withdrawn, and may also be subject to a 10% additional federal
                            tax for amounts
withdrawn before age 59
1
∕
2
.
• Generally, distributions from Qualified Contracts are taxed at
                            ordinary income tax rates
when withdrawn, and may also be subject to a 10% additional federal
                            tax for amounts
withdrawn before age 59
1
∕
2
.
11. Taxes
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Variable Annuity Prospectus – October 23, 2023
13
CONFLICTS OF
                            INTEREST
Prospectus
Location
Investment
Professional
Compensation
Your Financial Professional may receive compensation for selling
                            this Contract to you, in
the form of commissions, additional cash benefits (e.g., cash
                            bonuses), and non-cash
compensation. We and/or our wholly owned subsidiary distributor may
                            also make marketing
support payments to certain selling firms for marketing services and
                            costs associated with
Contract sales. This conflict of interest may influence your
                            Financial Professional to
recommend this Contract over another investment for which the
                            Financial Professional is
not compensated or compensated less.
12. Other
Information –
Distribution
Exchanges
Some Financial Professionals may have a financial incentive to offer
                            you a new contract in
place of the one you already own. You should only exchange your
                            contract if you determine,
after comparing the features, fees, and risks of both contracts,
                            that it is better for you to
purchase the new contract rather than continue to own your existing
                            contract.
12. Other
Information –
Distribution
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
14
Overview of the
                Contract
What Is the Purpose of the Contract?
The Index Advantage+ NF
SM
is a product that offers Index Options and allows you to defer taking regular fixed periodic payments
(Annuity Payments)
to a future date. Under the Contract, you make one or more Purchase Payments.
                Each Purchase Payment is first invested for a limited time in the AZL Government Money Market Fund and then transferred to the Index Option(s) that you select for investment. Depending on several factors (e.g., Index Options you select,
                market conditions, and timing of any withdrawals), your Contract can gain or lose value. When you are ready to receive a guaranteed stream of income under your Contract, you can annuitize your accumulated assets and begin receiving Annuity
                Payments from us based on the payout option you select
(Annuity Options)
. The Contract
                includes for no additional charge a standard death benefit (the Traditional Death Benefit), or for an additional rider fee you may select the optional death benefit (the Maximum Anniversary Value Death Benefit) to replace the standard death
                benefit. Both death benefits help to financially protect your beneficiaries.
We designed the Contract for people who are looking for a death benefit for a period of time, and a level of protection for your
                principal investment while providing potentially higher returns than are available on traditional fixed annuities. In addition, you should have a long investment time horizon and your financial goals should be otherwise consistent with the
                terms and conditions of the Contract. This Contract is not intended for someone who is seeking complete protection from downside risk, seeking unlimited investment potential, or expecting to take withdrawals that will not be subject to
                withdrawal charges or Daily Adjustments (i.e., a person that does not need access to Contract Value within six years after we receive a Purchase Payment, or before an Index Option's Term End Date). If you have Index Options with different
                Term End Dates, there may be no time you can take a withdrawal without application of at least one Daily Adjustment.
We offer other annuity contracts that may address your investment and retirement needs. These contracts include other registered
                index-linked annuities and fixed index annuities. These annuity products offer different features and benefits that may be more appropriate for your needs, including allocation options, fees and/or expenses that are different from those in
                the Contract offered by this prospectus. Not every contract is offered through every Financial Professional. Some Financial Professionals or selling firms may not offer and/or limit offering of certain features and benefits, as well as
                limit the availability of the contracts based on criteria established by the Financial Professional or selling firm. For more information about other annuity contracts, please contact your Financial Professional.
The product or certain product features may not be available in all states, or may vary in your state (such as the free look). For
                more information see Appendix D - Material Contract Variations by State. Availability of Index Options may vary by financial intermediary. You can obtain information on which Index Options are available to you by calling (800) 624-0197, or
                from your Financial Professional.
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
15
What Are the Phases of the Contract?
The Contract has two phases: (1) an Accumulation Phase, and (2) an Annuity Phase.
•
Accumulation Phase.
This is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, your money is invested under the Contract on a tax-deferred basis. Tax deferral may not be
                    available for certain non-individually owned contracts. Tax deferral means you are not taxed on any earnings or appreciation on the assets in your Contract until you take money out of your Contract. In addition, during this phase, you
                    can make additional Purchase Payments, you can take withdrawals, and if you die we pay a death benefit to your named Beneficiary(s).
Your Contract Value may fluctuate up or down during the Accumulation Phase based on the performance of your
                selected Index Options and the AZL Government Money Market Fund.
−
Index Options.
You may allocate your Purchase Payments to any or all of the Index Options available under your Contract. There are currently 43 Index Options based on different combinations of five credit calculation methods
(Crediting Methods)
, four nationally recognized third-party broad based equity securities price
                    return Indexes and an exchange-traded fund, and three Term periods for measuring Index performance. Each Index Option is the combination of an Index, a Crediting Method, a Term length, and any applicable Buffer or Floor amount.
Currently Available
Crediting Methods, Term
Lengths, and
Negative Index Performance
Protection
Currently
Available Indexes
Positive Index Performance
Participation Limit
Index Protection Strategy
with Trigger 1-year Term with
100% downside protection
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• 0.10% minimum Trigger Rate
Index Dual Precision Strategy
1-year Term with 10% Buffer
(available only to Contracts issued on or
after November 14, 2023)
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• 0.10% minimum Trigger Rate
Index Precision Strategy
1-year Term with 10% Buffer
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• 0.10% minimum Trigger Rate
Index Guard Strategy
1-year Term with -10% Floor
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• 0.10% minimum Cap
Index Performance Strategy
1-year Term with 10%, 20%, or
30% Buffer
(20% and 30% Buffers available only to
Contracts issued on or after November
14, 2023)
• S&P 500
®
Index
• Russell 2000
®
Index
• Nasdaq-100
®
Index
• EURO STOXX 50
®
• iShares
®
MSCI Emerging Markets ETF
• 0.10% minimum Cap
• Can be "uncapped" (i.e., we do not declare a
Cap for that Term)
Index Performance Strategy
3-year Term with 10% or 20%
Buffer
• S&P 500
®
Index
• Russell 2000
®
Index
• 2% minimum Cap
• Can be uncapped
• 100% minimum Participation Rate
Index Performance Strategy
6-year Term with 10% or 20%
Buffer
(20% Buffer available only to Contracts
issued on or after November 14, 2023)
• S&P 500
®
Index
• Russell 2000
®
Index
• 5% minimum Cap
• Can be uncapped
• 100% minimum Participation Rate
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Variable Annuity Prospectus – October 23, 2023
16
Your initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates for your selected Index Options and
                their Buffer or Floor are stated in your Index Options Statement, which is the account statement we mail to you on the Index Effective Date and each Index Anniversary. The Index Options Statement also includes the Index Values on the Term
                Start Date and Term End Date for your selected Index Options. We use these Index Values to determine Index Returns and Performance Credits. The Buffer or Floor for all currently available Index Options are stated in your Contract. The
                Buffer or Floor for the currently available Index Options will not change for the life of the Contract.
More detailed information
                about the Index Options is included in section
4,

                Valuing Your Contract.
−
AZL Government Money Market Fund.
We hold your Purchase Payments in the AZL Government Money Market Fund until we transfer them to the Index Options in accordance with your instructions. You cannot choose to allocate Purchase Payments to
                    the AZL Government Money Market Fund. The AZL Government Money Market Fund is an underlying mutual fund with its own investment objective, strategies, and risks.
For more information, please see Appendix E - Variable Investment Option Under the Contract.
•
Annuity Phase.
If you request Annuity Payments, the Accumulation Phase ends and the
Annuity Phase
begins. Annuity Payments are fixed payments we make based on the Annuity Option you select and your Contract Value (which reflects any previously deducted Contract fees and expenses) less final rider fee
                    (if applicable). Annuity Payments can provide a guaranteed lifetime fixed income stream with certain tax advantages. We designed the Annuity Payments for Owners who no longer need immediate access to Contract Value to meet their
                    short-term income needs.
During the Annuity Phase, you will receive a stream of regular income in the form of Annuity Payments. You will
                be unable to take withdrawals upon demand, your selected death benefit ends, and no amounts will be payable upon death during the Annuity Phase unless your Annuity Option provides otherwise.
What Are the Contract's Primary Features?
•
Accessing Your Money.
During the Accumulation Phase, you can surrender (take a full withdrawal) the Contract or take partial withdrawals. Withdrawals may be subject to negative Daily Adjustments, are subject to a withdrawal
                    charge and income taxes, and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59
1
∕
2
.
•
Additional Purchase Payments.
Subject to the limitations described in this prospectus, we continue to accept additional Purchase Payments under the Contracts during the Accumulation Phase. However, we may terminate your
                    ability to make additional Purchase Payments in the future. We only allow additional Purchase Payments to move into Index Options on Index Anniversaries. As a result, we hold Purchase Payments we receive on days other than an Index
                    Anniversary in the AZL Government Money Market Fund and such Purchase Payments are not available to receive Performance Credits until we transfer them to your selected Index Options. We do not allow assets to move into an established
                    Index Option until the Term End Date. If you request to allocate a Purchase Payment into an established Index Option on an Index Anniversary that is not a Term End Date, we will allocate those assets to the same Index Option with a new
                    Term Start Date.
•
Death Benefits.
The Contract's death benefit is paid upon the first death of any Determining Life during the Accumulation Phase. The Contract includes for no additional charge a standard death benefit
(the Traditional Death Benefit)
. At the time of purchase, you may select the optional death
                    benefit
(the Maximum Anniversary Value Death Benefit)
to replace the standard
                    death benefit for an additional rider fee. Either death benefit is the greater of Contract Value, or the Guaranteed Death Benefit Value. Unlike the Traditional Death Benefit, however, the Maximum Anniversary Value Death Benefit locks in
                    any annual investment gains as part of the Guaranteed Death Benefit Value to potentially provide a death benefit greater than the Traditional Death Benefit (which is based on Purchase Payments). The Maximum Anniversary Value Death
                    Benefit cannot be less than the Traditional Death Benefit, but they can be equal.
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Variable Annuity Prospectus – October 23, 2023
17
•
Withdrawal Charge Waivers.
Under the free withdrawal privilege, you may withdraw up to 10% of your total Purchase Payments each Contract Year during the Accumulation Phase without incurring a withdrawal charge. Upon a full
                    withdrawal, the free withdrawal privilege is not available to you. We do not apply a withdrawal charge to deductions we make for Contract fees or expenses. In most states (see Appendix D), the waiver of withdrawal charge benefit allows
                    you to take a withdrawal after the first Contract Year without incurring a withdrawal charge if after the first Contract Anniversary you begin confinement for care in an eligible facility for at least 90 days in a 120-day period, or are
                    unable to perform at least two activities of daily living. Also, if you own an IRA, Simplified Employee Pension (SEP) IRA, Inherited IRA, or Inherited Roth IRA Contract, payments you take under our minimum distribution program (RMD
                    payments) are not subject to a withdrawal charge. The minimum distribution program is not available if you have a qualified plan Contract. Withdrawals under these waivers are still subject to income taxes (and may also be subject to a
                    10% additional federal tax for amounts withdrawn before age 59
1
∕
2
), and to the Daily Adjustment if taken other than on a Term End Date, and may
                    reduce Contract benefits (perhaps significantly and by more than the amount withdrawn).
•
Deduction of Financial Adviser Fees.
If you have a financial adviser and want to pay their financial adviser fees from this Contract, you can instruct us to withdraw the fee from your Contract and pay it to your
                    Financial Professional or Financial Professional's firm as instructed. The deduction of financial adviser fees is in addition to this Contract's fees and expenses, and the deduction is treated the same as any other withdrawal under the
                    Contract. As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, and to the Daily Adjustment if taken other than on a Term End Date, will reduce the Contract Value and Guaranteed Death Benefit Value
                    (perhaps significantly and by more than the amount withdrawn), are subject to income taxes (and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59
1
∕
2
).
Please consult with your Financial Professional before requesting us to pay financial
                    adviser fees from this Contract rather than from other assets you may have.
Fee

                Tables
The following tables describe the fees and expenses that you will pay when buying, owning, and surrendering or
                making withdrawals from the Contract. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. These tables do not reflect any financial adviser
                fees that you pay from your other assets, or that you choose to have us pay from this Contract. If financial adviser fees were reflected, fees and expenses would be higher.
The first table describes the fees and expenses that you will pay at the time that you buy the Contract,
                surrender or make withdrawals from the Contract, or transfer Contract Value between investment options. State premium taxes may also be deducted.
Transaction Expenses
Withdrawal Charge During Your Contract's First Phase, the Accumulation Phase
(1)
(as a percentage of each Purchase Payment withdrawn)
(2)
Number of Complete
Years Since
Purchase Payment
Withdrawal Charge
Amount
0
8.5%
1
8%
2
7%
3
6%
4
5%
5
4%
6 years or more
0%
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
18
Index Protection Strategy
with Trigger
Index Dual Precision Strategy,
Index Precision Strategy,
and
Index Performance Strategy
Index
Guard
Strategy
Daily Adjustment Maximum Potential Loss
0%
99%
35%
(as a percentage of Index Option Value, applies for
distributions from an Index Option before any Term
End Date)
(3)
(1)
The Contract provides a free withdrawal privilege that allows you to withdraw 10% of
                    your total Purchase Payments annually without incurring a withdrawal charge, as discussed in section 7, Access to Your Money – Free Withdrawal Privilege.
(2)
The Withdrawal Charge Basis is the total amount under your Contract that is subject to
                    a withdrawal charge, as discussed in section 6, Expenses – Withdrawal Charge.
(3)
This shows the maximum potential loss due to the application of the Daily Adjustment
                    (e.g., maximum loss could occur if there is a total distribution within a Term at a time when the Index price has declined to zero). The Daily Adjustment could result in a loss beyond the protection of the 10%, 20%, or 30% Buffer; or
                    -10% Floor. The Daily Adjustment applies if before the Term End Date you take a full or partial withdrawal (including any financial adviser fees that you choose to have us pay from this Contract), execute a Performance Lock, annuitize
                    the Contract, we pay a death benefit, or when we deduct Contract fees or expenses. The actual Daily Adjustment calculation is determined by a formula described in Appendix B.
The next table describes the fees and expenses that you will pay each year during the time that you own the
                Contract (not including AZL Government Money Market Fund fees and expenses). If you purchased the optional Maximum Anniversary Value Death Benefit, you pay additional charges, as shown below.
Annual Contract Expenses
Administrative Expenses (or contract maintenance charge)
(1)
(per year)
$
50
Optional Benefit Expenses – Maximum Anniversary Value
                            Death Benefit
(as a percentage of the Charge Base)
0.20%
(1)
Referred to as the "contract maintenance charge" in the Contract and elsewhere in this
                    prospectus. Waived if the Contract Value is at least $100,000. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each Annuity Payment. See the section 6, Expenses – Contract Maintenance Charge
                    (Administrative Expenses).
The next table shows the total operating expenses charged by the AZL Government Money Market Fund that you may
                pay periodically during the time that you own the Contract. More information about the AZL Government Money Market Fund, including its annual expenses, may be found in Appendix E – Variable Investment Option Under the Contract. The Index
                Options do not have operating expenses, and are therefore not included in the following table.
Annual Expenses of the AZL Government Money Market Fund
(expenses that are deducted from the fund's assets, including management fees,
distribution and/or service (12b-1) fees, and other expenses)
0.88%
Example
This Example is intended to help you compare the cost of investing in the Contract with the cost of investing in
                other variable annuity contracts. The Example is based on an investment solely in the AZL Government Money Market Fund even though you cannot allocate Purchase Payments directly to the fund. The costs include transaction expenses, annual
                Contract expenses, and annual expenses of the AZL Government Money Market Fund. These costs do not include any financial adviser fees that you pay from your other assets, or that you choose to have us pay from this Contract.
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
19
The Example assumes that you invest $100,000 in the Contract for the time periods indicated. The Example also assumes that your
                investment has a 5% return each year and that you elected the Maximum Anniversary Value Death Benefit. Although your actual costs may be higher or lower, based on these assumptions, your costs would be:
1 Year
3 Years
5 Years
10 Years
(1) If you surrender your Contract (take a full withdrawal) at the end of
the applicable time period.
$
9,599
$
10,435
$
10,968
$
13,270
(2) If you annuitize your Contract at the end of the applicable time
period.
N/A*
$
3,435
$
5,968
$
13,270
(3) If you do not surrender your Contract.
$
1,099
$
3,435
$
5,968
$
13,270
*
The earliest available Annuity Date is the second Index Anniversary.
Risk

                Factors
The Contract involves certain risks that you should understand before investing. You should carefully consider your income needs and
                risk tolerance to determine whether the Contract is appropriate for you. The level of risk you bear and your potential investment performance will differ depending on the Index Options you choose.
Liquidity Risks
We designed the Contract to be a long-term investment that you can use to help build and provide income for retirement. The Contract
                is not suitable for short-term investment.
If you need to take a full or partial withdrawal during the withdrawal charge period, or when we deduct any financial adviser fees
                that you choose to have us pay from this Contract, we deduct a withdrawal charge unless the withdrawal is a Penalty-Free Withdrawal. While Penalty-Free Withdrawals provide some liquidity, they are permitted in only limited amounts or in
                special circumstances. If you need to withdraw most or all of your Contract Value in a short period, you will exceed the Penalty-Free Withdrawal amounts available to you and incur withdrawal charges. (For more information on the withdrawal
                charge, see the Fee Tables and section 6, Expenses – Withdrawal Charge.)
We calculate the withdrawal charge as a percentage of your Purchase Payments, not Contract Value. Consequently, if the Contract Value
                has declined since you made a Purchase Payment, it is possible the percentage of Contract Value withdrawn to cover the withdrawal charge would be greater than the withdrawal charge percentage. For example, assume you buy the Contract with a
                single Purchase Payment of $1,000. If your Contract Value in the 5th year is $800 and you take a full withdrawal a 5% withdrawal charge applies. The total withdrawal charge would be $50 (5% of $1,000). This results in you receiving $750.
In addition, upon a full withdrawal the free withdrawal privilege is not available to you, and we apply a withdrawal charge against
                Purchase Payments that are still within their withdrawal charge period, including amounts previously withdrawn under the free withdrawal privilege.
On a
                full withdrawal your Withdrawal Charge Basis may be greater than your Contract Value because the following reduce your Contract Value, but do not reduce your Withdrawal Charge Basis: deductions we make for prior Penalty-Free Withdrawals and
                Contract fees or expenses; and/or poor performance.
Amounts withdrawn from this Contract are subject to income taxes, and may also be subject to a 10% additional federal tax for amounts
                withdrawn before age 59
1
∕
2
.
We only apply Performance Credits to the Index Options once each Term on the Term End Date, rather than on a daily basis. In the
                interim, we calculate Index Option Values based on the Daily Adjustment. The AZL Government Money Market Fund is not subject to the Daily Adjustment. Any assets removed from an Index Option during the Term for withdrawals you take
                (including Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract), Annuity Payments, or deductions we make for Contract fees and expenses, or if we pay a death benefit, will not be
                eligible to receive a Performance Credit on the Term End Date. These removed assets will not receive the full benefit of the Index Value, Index Return, and the 10%, 20%, or 30% Buffer; or -10% Floor that would have been available on the
                Term End Date, and losses could exceed the protection offered by the 10%, 20%, or 30% Buffer; or -10% Floor. You will receive a Performance Credit only on the Index Option Value remaining in an Index Option on the Term End Date.
You can typically transfer Index Option Value among the Index Options only on Term End Dates. At other times, you can only move
                assets out of an Index Option by taking a full or partial withdrawal, or entering the Annuity Phase. However,
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
20
you can transfer assets out of an Index Option before the Term End Date by executing a Performance Lock. Once an Index Option is locked, you can
                transfer assets out of it on the Index Anniversary that occurs on or immediately after the Lock Date. For a 3-year or 6-year Term Index Option this means you can transfer out of the locked Index Option before the Term End Date by executing
                a Performance Lock on or before the second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. You can also transfer assets out of any locked Index Option, including 1-year Term Index Options,
                before the Term End Date by requesting an Early Reallocation. You can only execute two Early Reallocations each Index Year, but each request can involve multiple locked Index Options. These restrictions may limit your ability to react to
                changes in market conditions. You should consider whether investing in an Index Option is consistent with your financial needs.
Risks of Investing in Securities
Returns on securities and securities Indexes can vary substantially, which may result in investment losses. The historical
                performance of the available Index Options and the AZL Government Money Market Fund does not guarantee future results. It is impossible to predict whether underlying investment values will fall or rise. Trading prices of the securities
                underlying the Index Options and the AZL Government Money Market Fund are influenced by economic, financial, regulatory, geographic, judicial, political and other complex and interrelated factors. These factors can affect capital markets
                generally and markets on which the underlying securities are traded and these factors can influence the performance of the underlying securities.
Index Option returns depend on the performance of an Index although you are not directly invested in the Index. Because the S&P
                500
®
Index, Russell 2000
®
Index, Nasdaq-100
®
Index, EURO STOXX 50
®
and iShares
®
MSCI Emerging Markets ETF are each comprised of a collection of equity securities, in each case the value of the
                component securities is subject to market risk, or the risk that market fluctuations may cause the value of the component securities to go up or down, sometimes rapidly and unpredictably. In addition, the value of equity securities may
                decline for reasons directly related to the issuers of the securities.
S&P 500
®
Index
. The
                S&P 500
®
Index is comprised of equity securities issued by
                large-capitalization U.S. companies. In general, large-capitalization companies may be unable to respond quickly to new competitive challenges, and also may not be able to attain the high growth rate of successful smaller companies.
Russell 2000
®
Index
. The
                Russell 2000
®
Index is comprised of equity securities of
                small-capitalization U.S. companies. In general, the securities of small-capitalization companies may be more volatile and may involve more risk than the securities of larger companies.
Nasdaq-100
®
Index
. The
                Nasdaq-100
®
Index is comprised of equity securities of the
                largest U.S. and non-U.S. companies listed on The Nasdaq Stock Market, including companies across all major industry groups except the financial industry. To the extent that the Nasdaq-100
®
Index is comprised of securities issued by companies in a particular sector, that company's securities may not
                perform as well as companies in other sectors or the market as a whole. Also, any component securities issued by non-U.S. companies (including related depositary receipts) are subject to the risks related to investments in foreign markets
                (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty).
EURO STOXX 50
®
. EURO STOXX 50
®
is comprised of the equity securities of large-capitalization companies in the Eurozone. The securities comprising
                EURO STOXX 50
®
are subject to the risks related to investments
                in foreign markets (e.g., increased price volatility; changing currency exchange rates; and greater political, regulatory, and economic uncertainty), and are significantly affected by the European markets and actions of the European Union.
iShares
®
MSCI Emerging Markets ETF
. The iShares
®
MSCI Emerging Markets ETF seeks to
                track the investment results of the MSCI Emerging Markets Index, which is designed to measure equity market performance in the global emerging markets. The underlying index may include large-and mid-capitalization companies. iShares
®
MSCI Emerging Markets ETF is an exchange-traded fund. The performance of
                the iShares
®
MSCI Emerging Markets ETF may not replicate the
                performance of, and may underperform the underlying index. The price of the iShares
®
MSCI Emerging Markets ETF will reflect expenses and fees that will reduce its relative performance. Moreover, it is also possible that the iShares
®
MSCI Emerging Markets ETF may not fully replicate or may, in certain circumstances, diverge significantly from the
                performance of the underlying index. Additional information about iShares
®
MSCI Emerging Markets ETF is available on the SEC's website at sec.gov and copies of that information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.
                Please note that this information is not prepared by us and may be intended for shareholders of the ETF. You will not be a shareholder of the ETF by investing in an Index
Allianz Index Advantage+ NF
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Variable Annuity Prospectus – October 23, 2023
21
Option that is linked to the performance of the ETF. You may also request additional information about the ETF from our Service Center or your
                Financial Professional.
In recent years, the financial markets have experienced periods of
                            significant volatility and negative returns, contributing
to an uncertain and evolving economic environment. The performance of
                            the markets has been impacted by several
interrelating factors such as, but not limited to, the COVID-19
                            pandemic, geopolitical turmoil, rising inflation, changes in
interest rates, and actions by governmental authorities. It is not
                            possible to predict future performance of the markets.
Depending on your individual circumstances (e.g., your selected Index
                            Options and the timing of any Purchase
Payments, transfers, or withdrawals), you may experience (perhaps
                            significant) negative returns under the Contract. You
should consult with a Financial Professional about how recent market
                            conditions may impact your future investment
decisions related to the Contract, such as purchasing the Contract or
                            making Purchase Payments, transfers, or
withdrawals, based on your individual circumstances.
Risk of Negative Returns
The AZL Government Money Market Fund does not provide any protection against loss of principal.
You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund.
If you allocate Purchase Payments or transfer Contract Value to an Index Option with the Index Dual Precision Strategy, Index
                Precision Strategy, Index Guard Strategy, or Index Performance Strategy, negative Index Returns may cause Performance Credits to be either negative after application of the 10%, 20%, or 30% Buffer, or negative down to the -10% Floor. For
                the Index Performance Strategy, we apply the Buffer for the entire Term length; we do not apply the Buffer annually on a 3-year or 6-year Term Index Option. Ongoing deductions we make for Contract fees and expenses could also cause amounts
                available for withdrawal to be less than what you invested even if Index performance has been positive.
You can lose principal and
                previous earnings if you allocate Purchase Payments or transfer Contract Value to the Index Options with the Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy, and such losses could
                be significant. If you allocate Purchase Payments or transfer Contract Value to the Index Options with the Index Protection Strategy with Trigger you can also lose principal and previous earnings if you do not receive the
                Performance Credit, or if the Contract fees and expenses are greater than the Performance Credit.
The maximum potential negative Performance Credit for
                the Index Performance Strategy and Index Precision Strategy is based on the Buffer. If the Buffer is 10%, the maximum negative Performance Credit is -90%; if the Buffer is 20%, the maximum negative Performance Credit is -80%; and if the
                Buffer is 30%, the maximum negative Performance Credit is -70%. The maximum potential negative Performance Credit for the Index Guard Strategy is the -10% Floor.
Such losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract
                fees and expenses.
The Daily Adjustment is how we calculate Index Option Values on Business Days other than the Term Start Date or Term End Date.
The AZL Government Money Market Fund is not subject to the Daily Adjustment.
The
                Daily Adjustment can affect the amounts available for withdrawal, Performance Locks, annuitization, payment of the death benefit, and the Contract Value used to determine the contract maintenance charge and Charge Base for the rider fee.
                The Daily Adjustment can be less than the Trigger Rate or Cap even if the current Index return during the Term is greater than the Trigger Rate or Cap. In addition, even though the current Index return during the Term may be positive, the
                Daily Adjustment may be negative due to changes in Proxy Value inputs, such as volatility, dividend yield, and interest rate. However, the Daily Adjustment for the Index Protection Strategy with Trigger cannot be negative. The Daily
                Adjustment is generally negatively affected by:
•
interest rate decreases,
•
dividend rate increases,
•
poor market performance, and
•
the expected volatility of Index prices. Increases in the expected volatility of Index prices
                    negatively affect the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy with 1-year Terms, while decreases in the expected volatility of Index prices negatively affect the Index Guard Strategy. For
                    the Index Performance Strategy 3-year and 6-year Term Index Options, the impact of changes in the expected volatility of Index prices is dependent on the market environment and the applicable Caps and Participation Rates. For the Index
                    Protection Strategy with Trigger, the impact of changes in the expected volatility of Index prices is dependent on the market environment.
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Variable Annuity Prospectus – October 23, 2023
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The Daily Adjustment for Index Options with a Term length of more than 1-year (3-year and 6-year Term Index Options and Early Reallocation to a 1-year
                Term Index Option) may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length. Also, the risk of a negative Daily Adjustment is greater for Index
                Options with a Term length of more than 1-year than for 1-year Term Index Options due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger fluctuations in the Daily Adjustment
                than Index Options either without a Participation Rate, or with a Participation Rate equal to 100%. For shorter Term lengths, there is more certainty in both the final Index Values and how Caps and Buffers determine Performance Credits.
                This means there may be less fluctuation in the Daily Adjustment due to changes in Index return for Index Options with shorter Term lengths.
If you take a withdrawal from an Index Option with the Index Dual Precision Strategy, Index Precision Strategy, Index Guard
                Strategy, or Index Performance Strategy before the Term End Date,
you could lose principal and previous earnings because of the Daily Adjustment
even if Index performance is positive on that day or has been positive since the Term Start Date
. If the current Index return during the Term is negative, the Daily Adjustment for these Index Options could result in losses greater than the protection provided by the 10%, 20%, or 30% Buffer; or -10%
                Floor.
In extreme circumstances the Daily Adjustment could result
                in a loss beyond the protection of the Buffer or Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the
                Index Guard Strategy.
Such losses will be greater if you take a withdrawal (including any financial adviser fees that you choose to
                have us pay from this Contract) that is subject to a withdrawal charge, or is a deduction of Contract fees and expenses.
Risks Associated with Calculation of Performance Credits
We calculate Performance Credits each Term on the Term End Date. Because we calculate Index Returns only on a single date in time,
                you may experience negative or flat performance even though the Index you selected for a given Crediting Method experienced gains through some, or most, of the Term. If you allocate Purchase Payments or transfer Contract Value to the Index
                Options with Index Protection Strategy with Trigger, positive returns are limited by the Trigger Rates. You are not subject, however, to potential negative Performance Credits. The Trigger Rates on the Index Dual Precision Strategy and
                Index Precision Strategy Index Options, and the Caps on the Index Guard Strategy and Index Performance Strategy Index Options also limit positive returns and could cause performance to be lower than it would otherwise have been if you
                invested in a mutual fund or exchange-traded fund designed to track the performance of the applicable Index. For the Index Performance Strategy, we apply the Cap and any Participation Rate for the entire Term length; we do
not
apply the Cap and any Participation Rate annually on a 3-year or 6-year Term Index Option.
The Index Options do not directly participate in the returns of the Indexes or the Indexes' component securities, and do not
                receive any dividends payable on these securities. Index returns would be higher if they included the dividends from the component securities. The past ten years of actual average of the annual Index returns without and with dividends would
                have been as follows:
January 1, 2012 through December 31, 2022
S&P 500
®
Index
Nasdaq-100
®
Index
Russell 2000
®
Index
EURO
STOXX 50
®
iShares
®
MSCI
Emerging Markets ETF
Returns without dividends
11.56
%
17.69
%
8.95
%
4.47
%
-0.14
%
Returns with dividends
13.70
%
18.96
%
10.38
%
8.04
%
1.97
%
Trigger Rates, Caps, and Participation Rates may be adjusted on the next Term Start Date and may vary significantly from Term to
                Term. Changes to Trigger Rates, Caps, and Participation Rates may significantly affect the amount of Performance Credit you receive. For more information, see the "Risks Associated with Changes to Trigger Rates, Caps, and Participation
                Rates" discussion later in this section.
The Crediting Methods only capture Index Values on the Term Start Date and Term End Date, so you will bear the risk that the Index
                Value might be abnormally low on these days.
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Risks Associated with Performance Locks and Early Reallocations
If a Performance Lock is executed:
•
You will no longer participate in Index performance, positive or negative, for the remainder of
                    the Term for the locked Index Option. This means that under no circumstances will your Index Option Value increase during the remainder of the Term for a locked Index Option, and you will begin a new Index Option with a new Term Start
                    Date on the next Index Anniversary that occurs on or immediately after the Lock Date unless you execute an Early Reallocation (if available to you).
•
You will not receive a Performance Credit on any locked Index Option on the Term End Date.
•
We use the Daily Adjustment calculated at the end of the
current
Business Day on the Lock Date to determine your locked Index Option Value. This
                    means you will not be able to determine in advance your locked Index Option Value, and it may be higher or lower than it was at the point in time you requested a Performance Lock. This means that if you request a Performance Lock your
                    Index Option Value will lock at an unknown future value which may be higher or lower than it was when you requested a Performance Lock. If you set targets, your Index Option Value may lock at a higher value than an upper target you set,
                    or may lock at a lower value than a lower target you set. You may request a Performance Lock or set upper and/or lower targets through your account on our website.
•
If a Performance Lock is executed when your Daily Adjustment has declined, you will lock in any
                    loss. It is possible that you would have realized less of a loss or no loss if the Performance Lock occurred at a later time, or if the Index Option was not locked.
•
We will not execute a Performance Lock on Index Protection Strategy with Trigger Index Options if
                    the Daily Adjustment is zero. This may limit your ability to take advantage of the benefits of the Early Reallocation feature.
•
There are limits on Early Reallocations. We do not accept Early Reallocation requests within 14
                    calendar days before an Index Anniversary; and you are limited to two Early Reallocation requests each Index Year, but each request can involve multiple locked Index Options. After your second Early Reallocation request in an Index
                    Year, any locked Index Options will remain locked until the next Index Anniversary. These limitations mean you may not be able to take advantage of any increases to Early Reallocation rates, or any advantageous changes to Index values
                    that may become available at the optimal time. This may limit your return potential. Early Reallocation is available for amounts allocated to any Index Option, subject to the restrictions described in this prospectus.
•
Early Reallocation Trigger Rates, Caps, and Participation Rates you receive may be less than the
                    Early Reallocation rates that become available later in the Index Year, or the renewal rates available on the next Index Anniversary. This may limit your return potential.
We will not provide advice or notify
                            you regarding whether you should execute a Performance Lock or Early
Reallocation or the optimal time for
                            doing so. We will not warn you if you execute a Performance Lock or Early
Reallocation at a sub-optimal time.
                            We are not responsible for any losses related to your decision whether or not to
execute a Performance Lock or Early
                            Reallocation.
Risks Associated with Substitution of an Index and Limitation on Further Investments
There is no guarantee that the Indexes will be available during the entire time that you own your Contract. Once we add an Index to
                your Contract, we cannot remove it without simultaneously substituting it. For the Index Options, if we substitute a new Index for an existing Index, the performance of the new Index may be different and this may affect your ability to
                receive positive Performance Credits. We may substitute a new Index for an existing Index if:
•
the Index is discontinued,
•
we are unable to use the Index because, for example, changes to an Index make it impractical or
                    expensive to purchase derivative hedging instruments to hedge the Index, or we are not licensed to use the Index,
•
the method of calculation of the Index Values changes substantially, resulting in significantly
                    different Index Values and performance results. This could occur, for example, if an Index altered the types of securities tracked, or the weighting of different categories of securities, or
•
we determine in our sole discretion that the substitution is necessary due to unanticipated events
                    outside of our direct control. This might include other events similar to those listed above, other changes to the Index (such as name or ownership changes) that legally may be considered a substitution, or a breach by the Index
                    provider of the Index intent or performance expectations.
If we add or substitute an Index, we first seek any required regulatory approval from each applicable state insurance regulator and
                then provide you with written notice. We also provide you with written notice if an Index changes its name.
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Index substitutions can occur either on a Term Start Date or during a Term. If we substitute an Index during a Term we will combine the return of the
                previously available substituted Index from the Term Start Date to the substitution date with the return of the new Index from the substitution date to the Term End Date. If we substitute an Index during a Term:
•
we do
not
change the Charge Base we use to calculate the rider fee, and
•
the Buffers, Floors, Trigger Rates, Caps, and Participation Rates for the substituted Index will
                    apply to the new Index. We do
not
change the Buffers,
                    Floors, Trigger Rates, Caps, or Participation Rates that were in effect on the Term Start Date.
Similarly, if we substitute an Index on a Term Start Date, the applicable Buffer, Floor, and minimum Trigger Rate, Cap, or
                Participation Rate will not change.
Changes to Trigger Rates, Caps, and Participation Rates associated with the new Index, if any, may occur at the next regularly
                scheduled Term Start Date, subject to their respective minimums. Depending on the constitution of the substituted Index, the volatility of its investments, and our ability to hedge the Index's performance, we may determine, in our
                discretion, to increase or decrease renewal Trigger Rates, Caps, and Participation Rates associated with the new Index, subject to their respective minimums. However, we would not implement any change to reflect this difference until the
                next Term Start Date after the substitution. The substitution of an Index during a Term may result in an abnormally large change in the Daily Adjustment on the day we substitute the Index due to changes in Proxy Value inputs (such as
                volatility, dividend yield, and interest rate). However, you would only be affected by this change in the Daily Adjustment if a normal transaction to which the Daily Adjustment applies (such as a withdrawal you take) occurs on the
                substitution date.
The selection of a substitution Index is in our discretion; however, it is anticipated that any substitute Index will be
                substantially similar to the Index it is replacing and we will substitute any equity Index with a broad-based equity index.
We may also discontinue accepting new allocations into a specific Index Option at any time.
Risks Associated with Changes to Trigger Rates, Caps, and Participation Rates
The 10%, 20%, and 30% Buffers, and -10% Floors for the currently available Index Options do not change. However, if we add a new
                Index Option to your Contract after the Issue Date, we establish the Buffer or Floor for it on the date we add the Index Option to your Contract. For a new Index Option the minimum Buffer is 5% and the minimum Floor is -25%.
Subject to their respective minimums, we establish the initial Trigger Rates, Caps, and Participation Rates for a newly issued
                Contract on the Index Effective Date and they cannot change until the next Term Start Date. You select the Index Effective Date when you purchase your Contract. It can be any Business Day from the Issue Date up to and including the first
                Quarterly Contract Anniversary, but it cannot be the 29th, 30th, or 31st of a month.
You should be aware that, generally, initial Trigger Rates, Caps, and Participation Rates could change every seven
                calendar days. However, these rates are guaranteed to be available during the period stated on our website at
allianzlife.com/RILAratesnf
and cannot be superseded until that period ends. If you select an Index Effective Date that is within the guaranteed period for the initial rates that are available
                for review on the date you signed your application, you will receive the initial rates that were available on the date you signed your application. However, if you select an Index Effective Date that is after this guaranteed period, you are
                subject to the risk that initial Trigger Rates, Caps, and Participation Rates may change and be less advantageous to you. You are responsible for reviewing the initial rates before your Index Effective Date to ensure your allocations and
                the product still meet your needs. Furthermore, if your Index Effective Date is after the end of the free look period and you cancel the Contract, you will receive the Cash Value. On or before the Index Effective Date, the Daily Adjustment
                does
not
apply. You may review future
                rates at least seven calendar days before their effectiveness at
allianzlife.com/RILAratesnf
. You (or your Financial Professional, if authorized) can change your Index Effective Date at any time before it occurs to be an earlier or later date by submitting a request.
We can change the renewal Trigger Rates, Caps, and Participation Rates for an existing Contract on each new Term Start Date subject
                to the guaranteed minimums, in our discretion.
We will send you a letter at least 30 days before each Index Anniversary. This letter advises you that current Trigger Rates, Caps,
                and Participation Rates are expiring, and that renewal rates for the next Term Start Date will be available for your review. The Index Anniversary letter also reminds you of your opportunity to transfer your Index Option Values on the
                upcoming Term End Date. On each Term End Date, you have the option of remaining allocated to your current Index Options at the renewal Trigger Rates, Caps, and Participation Rates that we set on the next Term Start Date, or transferring to
                another permitted Index Option. At least seven calendar days before each Index Anniversary we publish renewal rates
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for the next Term Start Date for your review in your account on our website, and on our public website at allianzlife.com/RILAratesnf. If you do not
                review renewal change information when it is published, or take no action to transfer to another permitted Index Option, you will remain allocated to your current Index Options and will automatically become subject to the renewal Trigger
                Rates, Caps, and Participation Rates until the next Term End Date.
You risk the possibility that the renewal Trigger Rates, Caps, and Participation Rates you receive may be less than you would find
                acceptable. If you do not find the renewal rates acceptable, you must give us transfer instructions no later than the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day) or you
                will be subject to these renewal Trigger Rates, Caps, and Participation Rates for the next Term. When your renewal rates change the only options available to you are to transfer Index Option Value between Index Options, or take a full
                withdrawal (which is subject to a withdrawal charge).
If you execute a Performance Lock you may be able to request an Early Reallocation and begin a new Index Option with a new Term
                Start Date and a new Trigger Rate, Cap, or Participation Rate before the next Index Anniversary. We can change Early Reallocation Trigger Rates, Caps, and Participation Rates for an existing Contract subject to the guaranteed minimums, in
                our discretion. We publish Early Reallocation rates at least seven calendar days before the end of the current Early Reallocation offering period for your review in your account on our website. If you do not execute an Early Reallocation,
                you will remain allocated to your current locked Index Options until the Index Anniversary that occurs on or immediately after the Lock Date.
Initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates may vary significantly depending upon a
                variety of factors, including:
•
market volatility,
•
our hedging strategies and investment performance,
•
the availability of hedging instruments,
•
the amount of money available to us through Contract fees and expenses to purchase hedging
                    instruments,
•
your Index Effective Date,
•
the level of interest rates,
•
utilization of Contract benefits by Owners, and
•
our profitability goals.
Due to a combination of factors, including potential changes in interest rates and other market conditions (e.g. rising inflation),
                the current economic environment is evolving. The future impact on initial, renewal, and Early Reallocation Trigger Rates, Caps, and Participation Rates cannot be predicted with certainty. The effect of a change in interest rates or other
                market conditions may not be direct or immediate. There may be a lag in changes to Trigger Rates, Caps, and Participation Rates. Interest rates could increase. In a rising interest rate environment, increases in Trigger Rates, Caps, and
                Participation Rates, if any, may be substantially slower than increases in interest rates.
We manage our obligation to provide Performance Credits in part by trading call and put options, and other derivatives on the
                available Indexes. The costs of the call and put options and other derivatives vary based on market conditions, and we may adjust future renewal and Early Reallocation Trigger Rates, Caps, and Participation Rates to reflect these cost
                changes. The primary factor affecting the differences in the initial Trigger Rates, Caps, and Participation Rates for newly issued Contracts and renewal and Early Reallocation rates for existing Contracts is the difference in what we can
                earn from these investments for newly issued Contracts versus what we are earning on the investments that were made, and are being held to maturity, for existing Contracts. In some instances we may need to reduce initial, renewal, and Early
                Reallocation Trigger Rates, Caps, and Participation Rates, or we may need to substitute an Index. You bear the risk that we may reduce Trigger Rates, Caps, and Participation Rates, which reduces your opportunity to receive positive
                Performance Credits.
Risks Associated with Investment in Derivative Hedging Instruments
The Index Options are supported by bonds and other fixed income securities which are also used to support the Contract guarantees,
                cash, and derivative hedging instruments used to hedge the movements of the applicable Index.
At Contract issue, we invest a substantial majority of the initial Contract Value in fixed income securities, with most of the
                remainder invested in derivative hedging instruments. The derivative hedging instruments are purchased to track and hedge Index movements and support our obligations with regard to the Index Options. The derivative hedging instruments we
                purchase include put options, call options, futures, swaps, and other derivatives.
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We currently limit our purchase of derivative hedging instruments to liquid securities. However, like many types of derivative hedging instruments,
                these securities may be volatile and their price may vary substantially. In addition, because we pay Performance Credits regardless of the performance of derivative hedging instruments we purchase, we may incur losses on hedging mismatches
                or errors in hedging. We may incur additional costs if the costs of our hedging program increase due to market conditions or other factors. Our overall experience with hedging securities may affect renewal Trigger Rates, Caps, and
                Participation Rates for existing Contracts.
Risks of Deducting Financial Adviser Fees from the Contract
If you have an investment adviser and want to pay their financial adviser fees from this Contract, you can instruct us to withdraw
                the fee from your Contract and pay it to your adviser. Once authorized by you, the investment adviser requests each fee payment by submitting a letter of instruction that includes the fee amount. The deduction of financial adviser fees is
                in addition to this Contract's fees and expenses, and the deduction is treated the same as any other withdrawal under the Contract. As such, withdrawals to pay financial adviser fees are subject to withdrawal charges, will reduce the
                Contract Value dollar for dollar and Guaranteed Death Benefit Value proportionately (perhaps significantly and by more than the amount withdrawn), are subject to income taxes (and may also be subject to a 10% additional federal tax for
                amounts withdrawn before age 59
1
∕
2
).
Please consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets you may have.
Risks Associated with Our Financial Strength and Claims-Paying Ability
We make Annuity Payments, and pay death benefits from our general account. Our general account assets are subject to claims by our
                creditors, and any payment we make from our general account is subject to our financial strength and claims-paying ability. We apply Performance Credits from an unregistered, non-unitized, non-insulated separate account (
Separate Account IANA
). Like our general account, the assets in Separate Account IANA are subject to
                our general business operation liabilities and the claims of our creditors, and are also subject to our financial strength and claims-paying ability. For more information on Separate Account IANA, see section 12, Other Information – Our
                Unregistered Separate Account.
Regulatory Protections
Allianz Life is not an investment company and therefore we are not registered as an investment company under the Investment Company
                Act of 1940, as amended, and the protections provided by this Act are not applicable to the guarantees we provide. The Separate Account is, however, registered as an investment company. Any allocations you make to an Index Option are not
                part of the Separate Account. Allianz Life is not an investment adviser and so is not subject to the Investment Advisers Act of 1940, and does not provide investment advice to you in connection with your Contract.
Your Contract is registered in accordance with the Securities Act of 1933 and the offering of the Contract must be conducted in
                accordance with the requirements of this Act. In addition, the offer and sale of the Contract is subject to the provisions of the Securities Exchange Act of 1934.
The Contract is filed with and approved by each state in which the Contract is offered. State insurance laws provide a variety of
                regulatory protections.
1.
The Contract
An annuity is a contract between you as the Owner, and an insurance company (in this case Allianz Life), where you make payments to
                us and we invest that money in the Index Options you select. The AZL Government Money Market Fund holds the money you invest before it is transferred to the Index Options. Depending on market conditions, your Contract may gain or lose value
                based on the returns of your selected Index Options and the AZL Government Money Market Fund. When you are ready to take money out, we make payments to you according to your instructions and any restrictions associated with the payment
                option you select that is described in this prospectus. Other than to add benefits that are beneficial to you, we do not make any changes to your Contract without your permission except as may be required by law.
The Contract has an Accumulation Phase and an Annuity Phase.
The
Accumulation Phase
is the first phase of your Contract, and it begins on the Issue Date. During the Accumulation Phase, we invest your money in the Index Options you select and the AZL Government Money
                Market Fund on a
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Variable Annuity Prospectus – October 23, 2023
27
tax-deferred basis. Tax deferral may not be available for certain non-individually owned contracts. Tax deferral means you are not taxed on any
                earnings or appreciation on the assets in your Contract until you take money out of your Contract. (For more information, see section 11, Taxes.)
During the Accumulation Phase you can take withdrawals (subject to any withdrawal charge). You can also make additional Purchase
                Payments subject to the restrictions set out in section 3, Purchase Requirements. The Contract also offers at issue the optional Maximum Anniversary Value Death Benefit for an additional rider fee (see section 10) if all Owners and the
                Annuitant are age 75 or younger on the Issue Date. The Maximum Anniversary Value Death Benefit can only be added to a Contract at issue. The Maximum Anniversary Value Death Benefit potentially provides a death benefit greater than the
                Traditional Death Benefit based on the Maximum Anniversary Value (highest Contract Value on any Index Anniversary before age 91, increased by the dollar amount of subsequent Purchase Payments, and reduced proportionately for subsequent
                withdrawals you take including any withdrawal charge).
If you request Annuity Payments, the Accumulation Phase of your Contract ends and you enter the
Annuity Phase
. During the Annuity Phase we make regular fixed periodic Annuity Payments based
                on guaranteed period, life, life with a guaranteed period, joint and last survivor, or joint and 2/3 survivor. We send Annuity Payments to the
Payee
(the person or entity who receives Annuity Payments during the Annuity Phase). You can choose when Annuity Payments begin, subject to certain
                restrictions. We base Annuity Payments on your Contract Value and the payout rates for the Annuity Option you select. Your Annuity Payments do not change unless an Annuitant dies. The Annuity Phase ends when we make the last Annuity Payment
                under your selected Annuity Option. For more information, see section 8, The Annuity Phase.
When the Accumulation Phase Ends
The Accumulation Phase ends upon the earliest of the following.
•
The Business Day we process your request for a full withdrawal.
•
The Business Day before the Annuity Date.
•
Upon the death of any Owner (or the Annuitant if the Owner is a non-individual), the Business Day
                    we first receive Valid Claim from any one Beneficiary, unless the surviving spouse/Beneficiary continues the Contract. If there are multiple Beneficiaries, the remaining Contract Value continues to fluctuate with the performance of the
                    Index Options and the AZL Government Money Market Fund until the complete distribution of the death benefit. A
Valid Claim
is the documents we require to be received in Good Order at our Service Center before we pay any death claim.
Financial Adviser Fees
If you have a financial adviser and want to take a withdrawal from this Contract to pay your financial adviser fee, you can submit a
                written request to our Service Center by completing our third party money management customer authorization of transfer form and fee redemption authorization form. If we approve your request, we withdraw the requested fees and pay them to
                your Financial Professional or Financial Professional's firm as instructed. The fee redemption authorization is an agreement between you and your Financial Professional and/or the Financial Professional's firm. The agreement authorizes us
                to deduct financial adviser fees from the Contract and send them to the Financial Professional or the Financial Professional's firm upon written request. You can terminate this agreement at any time by providing us written notice. We retain
                the right to request an updated fee redemption authorization form at any time.
Once authorized by you, the Financial Professional or Financial Professional's firm requests each fee payment by submitting a letter
                of instruction that includes the fee amount.
We treat this fee payment as a withdrawal which means it is subject to a withdrawal charge, income taxes,
                and may also be subject to a 10% additional federal tax for amounts withdrawn before age 59
1
∕
2
. The amount of Contract Value available for withdrawal may also be affected by the Daily Adjustment
(which can
                be negative).
We deduct financial adviser fees (including any
                withdrawal charge) proportionately from each Index Option and the AZL Government Money Market Fund. This withdrawal reduces the Contract Value and the amount available under the free withdrawal privilege by the dollar amount withdrawn. It
                may also reduce your Contract's Guaranteed Death Benefit Value proportionately by the percentage of Contract Value withdrawn, which may reduce this value
by more than the amount withdrawn and these reductions could be significant.
If this is a Non-Qualified Contract, a withdrawal will be a taxable withdrawal to the extent that gain exists within the Contract.
                Financial adviser fees paid from any type of IRA Contract (including IRA, Roth IRA, SEP IRA, Inherited IRA and Inherited Roth IRA) will not be treated as a taxable withdrawal as long as the annuity contract is solely liable for the payment
                of the financial adviser fee. You should consult a tax adviser regarding the tax treatment of financial adviser fee payments.
Please
                consult with your Financial Professional before requesting us to pay financial adviser fees from this Contract rather than from other assets you may have.
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Variable Annuity Prospectus – October 23, 2023
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Your financial adviser acts on your behalf, not ours. We are not party to any agreement between you and your financial adviser, nor are we responsible
                for your financial adviser's actions. We do not verify that withdrawals for financial adviser fees align with the terms of your agreement with your financial adviser, but we verify that payments are made in accordance with the fee
                redemption authorization agreement you submit to us. We do not set your financial adviser fee or receive any part of it. Any withdrawals for financial adviser fees you pay is in addition to this Contract's fees and expenses. We pay sales
                commissions to the selling firms and their Financial Professionals. The maximum commission payable to the selling firms for Contract sales is expected to not exceed 6% of Purchase Payments. Sometimes, we enter into an agreement with a
                selling firm to pay commissions as a combination of a certain amount of the commission at the time of sale and a trail commission which, when totaled, could exceed 6% of Purchase Payments. Financial Professionals and their managers may also
                be eligible for various benefits such as production incentive bonuses, insurance benefits, and non-cash compensation items that we may provide jointly with our principal underwriter, Allianz Life Financial Services, LLC. You should ask your
                financial adviser about compensation they receive for this Contract. Allianz Life is not an investment adviser, and does not provide investment advice in connection with sales of the Contract. We are not a fiduciary to you, and do not make
                recommendations or assess suitability.
You can submit a written request to our Service Center on a form satisfactory to us to allow your financial adviser to make Index
                Option transfers and allocation changes on your behalf. However, we reserve the right to review a financial adviser's trading history before allowing him or her to make transfers. If, in our sole discretion, we believe the financial
                adviser's trading history indicates excessive trading, we can deny your request. If we approve it, your financial adviser is subject to the same trading restrictions that apply to Owners. We can deny or revoke trading authority in our sole
                discretion.
Financial Adviser Fee Deduction Example
These calculations show the effects of withdrawing financial adviser fees on the Contract Value and available Guaranteed Death
                Benefit Value. These withdrawals (including any withdrawal charges) immediately reduce the Contract Value on a dollar for dollar basis, and reduce the available Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn.
The example assumes a withdrawal of $5,000 once per year on days that are not Term End Dates to pay financial adviser fees starting
                when the Contract Value is $100,000, the Guaranteed Death Benefit Value under the Traditional Death Benefit is $90,000, and the Guaranteed Death Benefit Value under the Maximum Anniversary Value Death Benefit is $105,000. The first
                withdrawal assumes that there is no amount remaining under the free withdrawal privilege for that year, so that withdrawal is subject to an 8.5% withdrawal charge. Subsequent withdrawals are all taken under the free
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withdrawal privilege. All fractional numbers in these examples have been rounded up to the next whole number. All Contract Value figures reflect the
                Daily Adjustment.
Financial Adviser Fee
Withdrawal
Contract
Value
Guaranteed Death Benefit
Value for a Contract with the
Traditional Death Benefit
Guaranteed Death Benefit Value
for a Contract with the
Maximum Anniversary Value
Death Benefit
Prior to 1
st
years withdrawal
$ 100,000
$ 90,000
$ 105,000
$5,000 withdrawal (subject to an
8.5% withdrawal charge)
– [($5,000 ÷ (1 – 8.5%)]
Amount withdrawn
– $5,465
– [($5,465 ÷ 100,000) x 90,000]
– [($5,465 ÷ 100,000) x 105,000]
= - $4,919
= - $5,739
After 1
st
years withdrawal
$ 94,535
$ 85,081
$ 99,261
Prior to 2
nd
years withdrawal
$ 97,000
$ 85,081
$ 99,261
$5,000 withdrawal (not subject to a
withdrawal charge)
– $5,000
– [($5,000 ÷ 97,000) x 85,081]
– [($5,000 ÷ 97,000) x 99,261]
= - $4,386
= - $5,117
After 2
nd
years withdrawal
$ 92,000
$ 80,695
$ 94,414
Prior to 3
rd
years withdrawal
$ 80,0000
$ 80,695
$ 94,414
$5,000 withdrawal (not subject to a
– $5,000
– [($5,000 ÷ 80,000) x 80,695]
– [($5,000 ÷ 80,000) x 94,414]
withdrawal charge)
= - $5,044
= - $5,844
After 3
rd
years withdrawal
$ 75,000
$ 75,651
$ 88,260
The death benefit is the greater of the Contract Value, or the Guaranteed Death Benefit Value, so the death benefit would be:
•
$94,535 Contract Value under the Traditional Death Benefit, or the $99,261 Guaranteed Death
                    Benefit Value under the Maximum Anniversary Value Death Benefit after the first adviser fee deduction.
•
$92,000 Contract Value under the Traditional Death Benefit, or the $94,414 Guaranteed Death
                    Benefit Value under the Maximum Anniversary Value Death Benefit after the second adviser fee deduction.
•
$75,651 Guaranteed Death Benefit Value under the Traditional Death Benefit, or the $88,260
                    Guaranteed Death Benefit Value under the Maximum Anniversary Value Death Benefit after the third adviser fee deduction.
When the Contract Ends
The Contract ends when:
•
all applicable phases of the Contract (Accumulation Phase and/or Annuity Phase) have ended, and/or
•
if we received a Valid Claim, all applicable death benefit payments have been made.
For example, if you take a full withdrawal of the total Cash Value, both the Accumulation Phase and the Contract end even though
                the Annuity Phase never began and we did not make any death benefit payments.
2.
Ownership, Annuitant, Determining Life,
                Beneficiary, and Payee
Owner
The Owner designated at Contract issue has all the rights under the Contract. The Owner may be an individual, or a non-individual
                (such as a trust or other entity acting as an agent for a natural person). Qualified Contracts and non-individually owned Contracts can only have one Owner. A
Qualified Contract
is purchased under a pension or retirement plan that qualifies for special tax treatment under sections of the Code.
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Joint Owner
A Non-Qualified Contract can be owned by up to two individual Owners
(Joint Owners)
. Joint Owners must be spouses within the meaning of federal tax law. We generally require the signature of both Joint Owners on any
                forms that are submitted to our Service Center.
Annuitant
The Annuitant is the individual on whose life we base Annuity Payments. Subject to our approval, you designate an Annuitant when
                you purchase a Contract. For Qualified Contracts, before the Annuity Date the Owner must be the Annuitant unless the Contract is owned by a qualified plan or is part of a custodial arrangement. You can change the Annuitant on an
                individually owned Non-Qualified Contract at any time before the Annuity Date.
You cannot change the Annuitant if the Owner is a
                non-individual
. Subject to our approval, you can add a joint Annuitant on the Annuity Date. For Qualified Contracts, the ability to add a joint Annuitant is subject to any
                plan requirements associated with the Contract. For individually owned Contracts, if the Annuitant who is not an Owner dies before the Annuity Date, the sole Owner (or younger Joint Owner) automatically becomes the new Annuitant, but the
                Owner can subsequently name another Annuitant.
Designating different persons as Owner(s) and Annuitant(s) can have important impacts on whether a death benefit
                is paid, and on who receives it as indicated below
. For more examples, please see the Appendix A to the Form N-4 SAI.
Use care when designating Owners and Annuitants, and consult your Financial Professional if you have questions
.
UPON THE DEATH OF A SOLE OWNER
Action if the Contract is in the Accumulation Phase
Action if the Contract is in the Annuity Phase
• If this is an Inherited IRA Contract the Beneficiary can either:
–
continue to receive RMD payments based on the
remaining life expectancy of the deceased Owner and the
Contract Value as of the Business Day we receive a Valid
Claim, until ten years after the Owner's death at which
time we make a lump sum payment, or
–
receive a lump sum payment of the Contract Value as of
the Business Day we receive a Valid Claim.
• For all other Contracts, we pay a death benefit to the
Beneficiary unless the Beneficiary is the surviving spouse and
continues the Contract.
• If the deceased Owner was a Determining Life and the
surviving spouse Beneficiary continues the Contract:
–
we increase the Contract Value to equal the Guaranteed
Death Benefit Value if greater and available, and the
death benefit ends,
–
the surviving spouse becomes the new Owner,
–
the Accumulation Phase continues, and
–
upon the surviving spouse's death, his or her
Beneficiary(s) receives the Contract Value.
• If the deceased Owner was not a Determining Life, the
Traditional Death Benefit or Maximum Anniversary Value Death
Benefit are not available and the Beneficiary(s) receives the
Contract Value.
• The Beneficiary becomes the Payee. If we are still required to
make Annuity Payments under the selected Annuity Option, the
Beneficiary also becomes the new Owner.
• If the deceased was not an Annuitant, Annuity Payments to the
Payee continue. No death benefit is payable.
• If the deceased was the only surviving Annuitant, Annuity
Payments end or continue as follows.
–
Annuity Option A or C, payments end when the
guaranteed period ends.
–
Annuity Option B, F, or G, payments end.
–
For more information on the Annuity Options, please see
section 8.
• If the deceased was an Annuitant and there is a surviving joint
Annuitant, Annuity Payments to the Payee continue during the
lifetime of the surviving joint Annuitant. No death benefit is
payable.
• For a Qualified Contract, the Annuity Payments must end ten
years after the Owner's death.
Determining Life (Lives)
The Determining Life (Lives) are the individuals on whose life we base the Guaranteed Death Benefit Value provided by the
                Traditional Death Benefit or Maximum Anniversary Value Death Benefit. We establish the Determining Life (Lives) at Contract issue. For an individually owned Contract the Determining Life (Lives) are the Owner(s). For a non-individually
                owned Contract the Determining Life is the Annuitant. After the Issue Date the Determining Life (Lives) only change if:
•
you remove a Joint Owner due to divorce, then we also remove that person as a Determining Life,
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•
you add or change a Joint Owner, then that person will become a Determining Life if they are the
                    current spouse within the meaning of federal tax law of an existing Owner, or
•
you establish a jointly owned Non-Qualified Contract and change ownership to a Trust, then we
                    remove the prior Owner who is not the Annuitant as a Determining Life.
Beneficiary
The Beneficiary is the person(s) or entity you designate to receive any death benefit. You can change the Beneficiary or contingent
                Beneficiary at any time before your death unless you name an irrevocable Beneficiary. If a Beneficiary dies before you, or you and a Beneficiary die within 120 hours of each other, that Beneficiary's interest in this Contract ends unless
                your Beneficiary designation specifies otherwise. If there are no surviving primary Beneficiaries, we pay the death benefit to the contingent Beneficiaries who survive you. If there are no surviving Beneficiaries or if there is no named
                Beneficiary, we pay the death benefit to your estate or the Owner if the Owner is a non-individual.
•
FOR JOINTLY OWNED CONTRACTS:
The sole primary
                            Beneficiary is the surviving Joint Owner regardless of
any other named primary Beneficiaries. If both Joint Owners die within
                            120 hours of each other, we pay the death
benefit to the named surviving primary Beneficiaries. If there are no
                            named surviving primary Beneficiaries, we pay
the death benefit to the named surviving contingent Beneficiaries, or
                            equally to the estate of the Joint Owners if there
are no named surviving contingent Beneficiaries.
•
NAMING AN ESTATE AS A BENEFICIARY:
If an estate is the
                            Beneficiary, the estate must be the sole primary
Beneficiary, unless the Spouse is the sole primary Beneficiary. If the
                            Spouse is the sole primary Beneficiary, then an
estate can be a contingent beneficiary.
Payee
The Payee is the person or entity who receives Annuity Payments during the Annuity Phase. The Owner receives tax reporting on those
                payments. Generally we require the Payee to be an Owner. However, we may allow you to name a charitable trust, financial institution, qualified plan, or an individual specified in a court order as a Payee subject to our approval. For
                Qualified Contracts owned by a qualified plan, the qualified plan must be the Payee.
Assignments, Changes of Ownership and Other Transfers of Contract Rights
You can assign your rights under this Contract to someone else during the Accumulation Phase. An assignment may be absolute or
                limited, and includes changes of ownership, collateral assignments, or any other transfer of specific Contract rights. After an assignment, you may need the consent of the assignee of record to exercise certain Contract rights depending on
                the type of assignment and the rights assigned.
The Contract cannot be assigned without our consent. You must submit your request to assign the Contract in writing to our Service
                Center. We will not consent if the assignment would violate or result in noncompliance with any applicable state or federal law or regulation.
We record the assignment as of the date you signed the request, unless you specify otherwise. We are not responsible for the
                validity or effect of the assignment. We are not liable for any actions we take or payments we make before we receive your request in Good Order and record it. Assigning the Contract does not change, revoke or replace the originally named
                Annuitant or Beneficiary; if you also want to change the Annuitant or Beneficiary you must make a separate request.
•
An assignment may be a taxable event
. In addition, there are other
                            restrictions on changing the ownership of a
Qualified Contract and Qualified Contracts generally cannot be assigned
                            absolutely or on a limited basis.
You should
consult with your tax adviser before
                            assigning this Contract
.
•
An assignment will only change the Determining Life (Lives) if it involves removing a Joint Owner due to
divorce, replacing Joint Owners with a Trust, or adding
                            a Joint Owner if that person is a spouse within the
meaning of federal tax law of the existing Owner.
3.
Purchasing the Contract
Purchase Requirements
To purchase this Contract, on the Issue Date all Owners and the Annuitant must be:
•
age 85 or younger, or
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•
age 75 or younger if you select the Maximum Anniversary Value Death Benefit.
The Purchase Payment requirements for this Contract are as follows.
•
The minimum initial Purchase Payment due on the Issue Date is $10,000.
•
We restrict additional Purchase Payments.
Each Index Year during the Accumulation Phase you cannot add more than your initial amount without our prior approval. Your initial amount is all Purchase Payments received before the first Quarterly
                    Contract Anniversary of the first Contract Year. We allow you to add up to the initial amount in the remainder of the first Index Year. The minimum additional Purchase Payment we will accept is $50.
•
We do not accept additional Purchase Payments on or after the Annuity Date.
•
If this is an Inherited IRA or Inherited Roth IRA Contract, the death benefit proceeds of the
                    previous tax-qualified investment were directly transferred into this Contract, and we do not accept additional Purchase Payments (see section 11, Taxes – Qualified Contracts – Inherited IRA).
•
The maximum total Purchase Payments we accept without our prior approval is $1 million.
We may, at our sole discretion, waive the minimum Purchase Payment requirements.
Once we receive your initial Purchase Payment and all necessary information in Good Order at our Service Center, we issue the
                Contract within two Business Days and allocate your payment to the AZL Government Money Market Fund before we transfer it to your selected Index Options. If the Issue Date is the same as the Index Effective Date we allocate your initial
                Purchase Payment to the Index Options. If the Issue Date is not the Index Effective Date we hold your initial Purchase Payment in the AZL Government Money Market Fund before we transfer it to your selected Index Options. If you do not give
                us all of the information we need, we contact you or your Financial Professional. If for some reason we are unable to complete this process within five Business Days, we either send back your Purchase Payment or get your permission to keep
                it until we get all of the necessary information. If you make additional Purchase Payments, we add this money to your Contract on the Business Day we receive it in Good Order.
If you submit a Purchase Payment and/or application to your Financial Professional, we do not begin processing the payment and/or
                application until we receive it.
We may terminate your ability to make additional Purchase Payments because we reserve the right to decline any
                or all Purchase Payments at any time on a nondiscriminatory basis
. This applies to Contracts issued in all states except as disclosed in Appendix D. If mandated under
                applicable law, we may be required to reject a Purchase Payment. We will decline a Purchase Payment we receive on the same Business Day that we receive in Good Order a request for full withdrawal, or Contract cancellation during the free
                look period.
If we exercise our right to decline additional Purchase Payments, this may limit your ability to fund your Contract's guaranteed benefits
                such as the Traditional Death Benefit or Maximum Anniversary Value Death Benefit.
Applications Sent Electronically
We accept manually signed applications that are in Good Order and are sent by fax, or email, or uploaded to our website. It is
                important to verify receipt of any faxed application, or to receive a confirmation number when using email or the web. We are not liable for applications that we do not receive. A manually signed application sent by fax, email or over the
                web is considered the same as an application delivered by mail. Our electronic systems (fax, email or website) may not always be available; any electronic system can experience outages or slowdowns which may delay application processing.
                Although we have taken precautions to help our system handle heavy use, we cannot promise complete reliability. If you experience problems, please submit your written application by mail to our Service Center. We reserve the right to
                discontinue or modify our electronic application policy at any time and for any reason.
Allocation of Purchase Payments and Contract Value Transfers
We do not accept additional Purchase Payments if you
                            have an Inherited IRA, or Inherited Roth IRA Contract.
The allocation instructions you provide on your application automatically become your default allocation instructions. We use these
                allocation instructions for all Purchase Payments we receive unless you change them.
We only allow Purchase Payments to move into the
                Index Options on the Index Effective Date and on subsequent Index Anniversaries.
As a result, we hold Purchase Payments we receive on days other than the Index Effective
                Date or an Index Anniversary in the AZL Government Money Market Fund until we transfer them to your selected Index Options according to your most recent allocation instructions. For additional Purchase Payments we receive after the Index
                Effective Date, this transfer
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occurs on the next Index Anniversary. We apply any Purchase Payments we receive on the Index Effective Date or on an Index Anniversary directly to the
                Index Options on that day; these Purchase Payments are not held in the AZL Government Money Market Fund.
We only allow Index Option Value transfers between Index Options on Term End Dates unless
                you execute a Performance Lock. If you execute a Performance Lock you can transfer out of a locked Index Option to another Index Option on the Index Anniversary that occurs on or immediately after the Lock Date, or on the Business Day we
                execute your request for an Early Reallocation. We do not allow assets to move into an established Index Option until the Term End Date. If you request to transfer into an established Index Option on a date that is not a Term End Date, we
                will transfer those assets into the same Index Option with a new Term Start Date.
You select the Index Effective Date when you purchase your Contract. It can be any Business Day up to and including the first
                Quarterly Contract Anniversary, but it cannot be the 29th, 30th or 31st of a month.
On your application if you select…
Your Index Effective Date will be either…
the earliest Index Effective Date
• your Issue Date, or
• the first Business Day of the next month if the Issue Date is the
                            29th, 30th, or 31st of a
month
the deferred Index Effective Date
• your first Quarterly Contract Anniversary, or
• the next Business Day if the first Quarterly Contract Anniversary
                            occurs on a non-Business
Day, or the first Business Day of the next month if the first
                            Quarterly Contract Anniversary
is the 29th, 30th, or 31st of a month
You should be aware that, generally, initial Trigger Rates, Caps, and Participation Rates could change every seven
                calendar days. However, these rates are guaranteed to be available during the period stated on our website at
allianzlife.com/RILAratesnf
and cannot be superseded until that period ends. If you select an Index Effective Date that is within the guaranteed period for the initial rates that are available
                for review on the date you signed your application, you will receive the initial rates that were available on the date you signed your application. However, if you select an Index Effective Date that is after this guaranteed period, you are
                subject to the risk that initial Trigger Rates, Caps, and Participation Rates may change and be less advantageous to you. Furthermore, if your Index Effective Date is after the end of the free look period and you cancel your Contract, you
                will receive the Cash Value. On or before the Index Effective Date, the Daily Adjustment does
not
apply.
You

                may review future rates at least seven calendar days before their effectiveness at
allianzlife.com/RILAratesnf
. You (or your Financial Professional, if authorized) can change your Index Effective Date at any time before it occurs to be an earlier or later date by submitting a
                request.
However, your new Index Effective Date cannot be later than the deferred Index Effective Date listed above. We must receive your request in Good Order at our
                Service Center before the end of the Business Day on which you want the Index Effective Date to occur. Once your Index Effective Date occurs, all Index Options for your Contract will have the same Index Anniversary.
You can change your allocation instructions at any time without fee or penalty. These changes are effective on the Business Day we
                receive them in Good Order at our Service Center. We accept changes to allocation instructions from any Owner unless you instruct otherwise. We may allow you to authorize someone else to change these allocation instructions on your behalf.
Changes to your allocation instructions will transfer existing Index Option Values on the Term End Date
.
We notify you at least 30 days in advance of each Index Anniversary as a reminder that on the upcoming anniversary you may transfer
                Index Option Value between Index Options.
You request transfers between Index Options by changing your allocation instructions.
For more information, see the "Electronic Allocation Instructions" discussion next in this section. On each Term End Date, if we have not received allocation instruction changes from
                you, all assets invested continue to be invested in the same Index Options with a new Term Start Date at the renewal Trigger Rates, Caps, and Participation Rates.
We can add new Crediting Methods, Terms, and Indexes to your Contract in the future, and you can allocate Purchase Payments or
                transfer Contract Value to them on the next Term Start Date after we make them available to you. Once we add a Crediting Method to your Contract we cannot remove it, or change how it calculates Performance Credits. If we add a new Index
                Option to your Contract, we cannot change its Buffer or Floor after it is established. For a new Index Option
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the minimum Buffer is 5% and the minimum Floor is -25%. However, we can change the renewal Trigger Rates, Caps, and Participation Rates associated
                with any Index Option on each Term Start Date, and Early Reallocation rates, subject to the guaranteed minimums.
We must receive all Index Option allocation instruction changes (which will transfer your Index Option Values) in Good Order at our
                Service Center before the end of the Business Day on the Term End Date (or the next Business Day if the Term End Date is a non-Business Day).
•
In order to apply Purchase Payments we receive
after
the Index Effective Date to your selected Index Option(s) on
the next Index Anniversary, we must receive them
before
the end of the Business Day on the Index Anniversary (or
before the end of the
prior
Business Day if the anniversary is a non-Business Day).
•
Purchase Payments we hold in the AZL Government Money Market before transferring them to your selected
Index Options are subject to Contract
                            fees and expenses (e.g. contract maintenance charge), and
market risk and
may lose value.
Electronic Allocation Instructions
We use reasonable procedures to confirm that electronic allocation instructions given to us are genuine. If we do not use such
                procedures, we may be liable for any losses due to unauthorized or fraudulent instructions. We record telephone instructions and log all fax, email and website instructions. We reserve the right to deny any allocation instruction change,
                and to discontinue or modify our electronic instruction privileges at any time for any reason.
Please note that telephone, fax, email and/or the website may not always be available. Any electronic system, whether it is ours,
                yours, your service provider's, or your Financial Professional's, can experience outages or slowdowns for a variety of reasons, which may delay or prevent our processing of your allocation instruction change. Although we have taken
                precautions to help our systems handle heavy use, we cannot promise complete reliability. If you are experiencing problems, you should submit your instructions in writing to our Service Center.
By authorizing electronic instructions, you authorize us to accept and act upon these instructions for your Contract. There are
                risks associated with electronic communications that do not occur with a written request. Anyone authorizing or making such requests bears those risks. You should protect your website password, because the website is available to anyone
                with your password; we cannot verify that the person providing instructions on the website is you, or is authorized by you.
Free Look/Right To Examine Period
If you change your mind about the Contract, you can cancel it within the free look period stated on the first page of your
                Contract. In most states, this is ten calendar days after you receive the Contract. If you cancel your Contract during the free look period, in most states we return your Contract Value as of the Business Day we receive your cancellation
                request in Good Order. This may be more or less than your initial Purchase Payment. In states that require us to return Purchase Payments less withdrawals if you cancel your Contract, we return Contract Value if greater.
IRA Contracts require us to return Purchase Payments less withdrawals. If you cancel your IRA Contract, we return the greater of
                Purchase Payments less withdrawals or Contract Value.
If your cancellation request occurs after the Index Effective Date, your Contract Value will include the Daily Adjustment.
Some states and certain IRA Contracts require return of Purchase Payments. For these Contracts, we reserve the right to hold your
                initial Purchase Payment in the AZL Government Money Market Fund until the free look period ends, and then re-allocate your Contract Value, less fees and expenses, according to your allocation instructions. If we exercise this right, the
                Contract Value we use to determine your refund amount on a cancellation request will not include the Daily Adjustment as the Index Effective Date will not yet have occurred. Currently we only exercise this right on certain Contracts issued
                in California as noted in Appendix D. If we hold your initial Purchase Payment in the AZL Government
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Money Market Fund during the free look period and the requested Index Effective Date would occur during this time, we change your Index Effective Date
                to the next Business Day after the free look period that is not the 29th, 30th or 31st of the month. Then, if you:
•
cancel your Contract during this time, we return the greater of Purchase Payments less
                    withdrawals, or Contract Value. We do not assess a withdrawal charge or deduct any other Contract fees or expenses if you cancel your Contract during the free look period. If you take a withdrawal (including financial adviser fees that
                    you choose to have us pay from this Contract) that is subject to a withdrawal charge and then cancel your Contract during the free look period, we will refund any previously deducted withdrawal charge upon cancellation.
•
do not cancel your Contract during this time, we re-allocate your Contract Value to the Index
                    Options according to your allocation instructions on the Index Effective Date.
In the Contract, the free look provision is also called the right to examine.
4.
Valuing Your Contract
Your Contract Value is the total of the Variable Account Value and all Index Option Values.
Variable Account Value increases when….
Variable Account Value decreases when….
• you make additional Purchase Payments and we hold them in
the AZL Government Money Market Fund before transferring
them to your selected Index Options, or
• there is positive AZL Government Money Market Fund
performance
• we take assets out of the AZL Government Money Market
Fund for withdrawals (including financial adviser fees that you
choose to have us pay from this Contract) or transfers to your
selected Index Options,
• there is negative AZL Government Money Market Fund
performance, or
• we deduct Contract fees and expenses
Contract fees and
                            expenses we deduct from the AZL Government Money Market Fund include the rider fee, contract
maintenance charge, and withdrawal charge as
                            described in section 6, Expenses.
Financial adviser fees that you choose to
have us pay from this Contract are described
                            in section 1, The Contract.
The AZL Government Money Market Fund does not provide any protection against loss of principal.
You can lose principal and previous earnings for Purchase Payments held in the AZL Government Money Market Fund
.
Index Option Values increase when….
Index Option Values decrease when….
• you add assets to an Index Option by Purchase Payment or
Contract Value transfer, or
• you receive a positive Performance Credit or Daily Adjustment
• you take assets out of an Index Option by
withdrawal (including any financial adviser fees that you
choose to have us pay from this Contract) or Contract Value
transfer,
• you receive a negative Performance Credit or Daily
Adjustment, or
• we deduct Contract fees and expenses
Contract fees and
                            expenses we deduct from the Index Options include the rider fee, contract maintenance charge, and
withdrawal charge as described in section 6,
                            Expenses. Financial adviser fees that you choose to have us pay from this
Contract are described in section 1, The
                            Contract.
We apply transfers of Contract Value and Purchase Payments to the Index Options on the Index Effective Date and Index Anniversaries.
                We apply Performance Credits to the Index Options on the Term End Dates. Contract expenses are deducted at different times during the Index Year as stated in section 6, Expenses. We pay financial adviser fees to your Financial Professional
                or the Financial Professional's firm upon written request as stated in section 1, The Contract. The Daily Adjustment applies on any Business Day other than the Term Start Date or the Term End Date.
Performance Credits are subject to the applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate
. Positive Performance Credits are not guaranteed and Performance Credits can be zero under all the Index Options. Performance Credits can be negative after application of the 10%, 20%,
                or 30% Buffer for any Index Option with the Index Dual Precision Strategy, Index Precision Strategy, or Index Performance Strategy; or negative down to the -10% Floor for any Index Option with the Index Guard Strategy.
A negative Performance Credit means that you can lose principal and previous earnings.
These losses can be significant.
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We require that the Contract Value after a partial withdrawal must be at least $2,000.*
We reserve the right to treat a partial withdrawal that reduces the Contract Value below this minimum as a full withdrawal.
*
Does not apply to RMD payments under our minimum distribution program.
Determining Variable Account Value
The Separate Account holds the assets for the Purchase Payments held in the AZL Government Money Market Fund before we transfer
                them to the Index Options. The Separate Account is divided into subaccounts, one of which invests exclusively in the shares of the AZL Government Money Market Fund.
We convert Purchase Payments held in the AZL Government Money Market Fund into subaccount accumulation units. The subaccount's
                daily price (accumulation unit value) is based on the AZL Government Money Market Fund's price. The AZL Government Money Market Fund's price is typically determined at the end of each Business Day,
and any Purchase Payment received at or after the end of the current Business Day receives the next Business Day's price
.
                The AZL Government Money Market Fund's price reflects deduction of its operating expenses.
We calculate your Variable Account Value at the end of each Business Day by multiplying the subaccount's accumulation unit value by
                its number of accumulation units.
On the Issue Date, the number of accumulation units in the subaccount is equal to the amount allocated to the subaccount divided by
                its accumulation unit value. At the end of each Business Day, the number of subaccount accumulation units:
•
increase
when we add Purchase Payments to the AZL Government Money Market Fund, and
•
decrease
when assets are removed from the AZL Government Money Market Fund by transfer, withdrawals you request (including any financial adviser fees that you choose to have us pay from this Contract), or when we deduct Contract fees and
                    expenses.
We arbitrarily set the initial accumulation unit value for the subaccount. At the end of each Business Day, we determine the new
                accumulation unit value for the subaccount by multiplying the prior Business Day's accumulation unit value by the AZL Government Money Market Fund's percentage change in price since the prior Business Day. The percentage change in price
                includes the AZL Government Money Market Fund's market performance.
Example
•
We receive at our Service Center an additional Purchase Payment of $3,000 from you before the end
                    of the Business Day.
•
When the New York Stock Exchange closes on that Business Day, we determine that the accumulation
                    unit value is $13.25 for the subaccount of the AZL Government Money Market Fund.
•
We then divide $3,000 by $13.25 and credit your Contract that night with 226.415094 subaccount
                    accumulation units for the AZL Government Money Market Fund.
How the Crediting Methods Work
The
Index Protection Strategy with Trigger
provides a Performance Credit equal to the Trigger Rate if the Index Value on the Term End Date is equal to or greater than the Index Value on the Term Start Date, regardless of the
                amount of actual Index Return. If the current Index Value is less than it was on the Term Start Date, the Performance Credit is zero.
The
Index Dual Precision Strategy
also provides a Performance Credit.
•
You receive a Performance Credit equal to the Trigger Rate if the Index Value on the Term End Date
                    is:
−
equal to or greater than the Index Value on the Term Start Date, regardless of the amount of
                    actual Index Return.
−
less than the Index Value on the Term Start Date and the loss is less than or equal to the 10%
                    Buffer.
•
If the Index Return is negative and the loss is greater than the 10% Buffer, the negative
                    Performance Credit is equal to the negative Index Return in excess of the 10% Buffer. You participate in any losses beyond the 10% Buffer.
The
Index Precision Strategy
also provides a Performance Credit.
•
If the Index Value on the Term End Date is equal to or greater than the Index Value on the Term
                    Start Date, regardless of the amount of actual Index Return, the Performance Credit is equal to the Trigger Rate.
•
If the Index Return is negative and the loss is:
−
less than or equal to the 10% Buffer, the Performance Credit is zero. We absorb any loss up to
                    the 10% Buffer.
−
greater than the 10% Buffer, the negative Performance Credit is equal to the negative Index
                    Return in excess of the 10% Buffer. You participate in any losses beyond the 10% Buffer.
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The
Index Guard Strategy
also provides a Performance Credit.
•
If the Index Return is positive, the Performance Credit is equal to the Index Return up to the
                    Cap.
•
If the Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the
                    Performance Credit is zero.
•
If the Index Return is negative, the negative Performance Credit is equal to the negative Index
                    Return down to the -10% Floor. You participate in any losses down to the -10% Floor. We absorb any negative Index Return beyond the -10% Floor.
The
Index Performance Strategy
also provides a Performance Credit.
•
If the Index Return is positive, the Performance Credit is equal to:
−
the Index Return up to the Cap for a 1-year Term. If the 1-year Term is uncapped, the Performance
                    Credit is equal to the Index Return.
−
the Index Return multiplied by the Participation Rate, up to the Cap for a 3-year or 6-year Term.
                    If the 3-year or 6-year Term is uncapped, the Performance Credit is equal to the Index Return multiplied by the Participation Rate. We apply the Participation Rate and Cap for the entire Term length; we do
not
apply the Participation Rate and Cap annually on a 3-year or 6-year Term.
•
If the Index Value on the Term End Date is equal to the Index Value on the Term Start Date, the
                    Performance Credit is zero.
•
If the Index Return is negative and the loss is:
−
less than or equal to the 10%, 20%, or 30% Buffer, the Performance Credit is zero. We absorb any
                    loss up to the 10%, 20%, or 30% Buffer. We apply the Buffer for the entire Term length; we do
not
apply the Buffer annually on a 3-year or 6-year Term Index Option.
−
greater than the 10%, 20%, or 30% Buffer, the negative Performance Credit is equal to the
                    negative Index Return in excess of the 10%, 20%, or 30% Buffer. You participate in any losses beyond the 10%, 20%, or 30% Buffer.
•
The Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, and Index Performance
Strategy allow negative Performance Credits.
A negative Performance Credit means you can lose principal and
previous earnings. The maximum
                            potential negative Performance Credit is: -90% with a 10% Buffer; -80% with a
20% Buffer; -70% with a 30% Buffer;
                            and -10% with the Floor.
•
Because we calculate Index Returns only on a single date in time, you may experience negative or flat
performance even though the Index you selected for a
                            given Crediting Method experienced gains through
some, or most, of the Term.
•
If
an Index Performance Strategy Index Option is
                            "uncapped" for one Term (i.e., we do not declare a Cap for
that Term) it does not mean that we will not declare a
                            Cap for it on future Term Start Dates.
On the next Term
Start Date we can declare a Cap for the next Term, or declare it to be
                            uncapped.
Comparing Crediting Methods
The Crediting Methods have different risk and return potentials.
What is the asset protection?
Index Protection
Strategy with Trigger
• Most protection.
• If the Index loses value, the Performance Credit is zero. You do not
                            receive a negative Performance
Credit.
Index Dual Precision
Strategy
• Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Protection
is equal to what is available with the Index Precision Strategy.
                            Protection may be equal to or less than
what is available with the Index Performance Strategy depending on the
                            Index Option.
• Buffer absorbs 10% of loss, but you receive a negative Performance
                            Credit for losses greater than
10%.
• Potential for large losses in any Term.
• More sensitive to large negative market movements because small
                            negative market movements
within the 10% Buffer result in a positive Performance Credit. In a
                            period of extreme negative market
performance, the risk of loss is greater with the Index Dual Precision
                            Strategy than with the Index
Guard Strategy.
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What is the asset protection?
Index Precision Strategy
• Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Protection
is equal to what is available with the Index Dual Precision Strategy.
                            Protection may be equal to or less
than what is available with the Index Performance Strategy depending
                            on the Index Option.
• Buffer absorbs 10% of loss, but you receive a negative Performance
                            Credit for losses greater than
10%.
• Potential for large losses in any Term.
• More sensitive to large negative market movements because small
                            negative market movements are
absorbed by the 10% Buffer. In a period of extreme negative market
                            performance, the risk of loss is
greater with the Index Precision Strategy than with the Index Guard
                            Strategy.
Index Guard Strategy
• Less protection than the Index Protection Strategy with Trigger, but
                            more than Index Dual Precision
Strategy, Index Precision Strategy, and Index Performance Strategy.
• Permits a negative Performance Credit down to the -10% Floor.
• Protection from significant losses.
• More sensitive to smaller negative market movements that persist over
                            time because the -10% Floor
reduces the impact of large negative market movements.
• In an extended period of smaller negative market returns, the risk of
                            loss is greater with the Index
Guard Strategy than with the Index Dual Precision Strategy, Index
                            Precision Strategy, and Index
Performance Strategy.
• Provides certainty regarding the maximum loss in any Term.
Index Performance
Strategy
• Less protection than the Index Protection Strategy with Trigger and
                            Index Guard Strategy. Index
Options with a 10% Buffer provide the same protection as the Index
                            Dual Precision Strategy and
Index Precision Strategy. Index Options with a 20% or 30% Buffer have
                            more protection than what is
available with the Index Dual Precision Strategy and Index Precision
                            Strategy.
• Buffer absorbs 10%, 20%, or 30% of loss depending on the Index Option
                            you select, but you receive
a negative Performance Credit for losses greater than the Buffer.
• Potential for large losses in any Term.
• More sensitive to large negative market movements because small
                            negative market movements are
absorbed by the Buffer. In a period of extreme negative market
                            performance, the risk of loss is greater
with the Index Performance Strategy than with the Index Guard
                            Strategy.
• In extended periods of moderate to large negative market performance,
                            3-year and 6-year Terms may
provide less protection than the 1-year Terms because, in part, the
                            Buffer is applied over a longer
period of time.
What is the growth opportunity?
Index Protection
Strategy with Trigger
• Growth opportunity limited by the Trigger Rates.
• Least growth opportunity.
• May perform best in periods of small positive market movements
                            relative to the other Crediting
Methods, because such small positive market movements may result in
                            positive Performance Credits
that are greater than the Index Return while also providing complete
                            protection from any Index losses.
• These Trigger Rates will generally be less than the Caps and the
                            Trigger Rates for the Index Dual
Precision Strategy and Index Precision Strategy.
Index Dual Precision
Strategy
• Growth opportunity limited by the Trigger Rates.
• May perform best in periods of small positive and/or small negative
                            market movements. Provides the
most return potential during periods of small negative market
                            movements.
• Generally more growth opportunity than the Index Protection Strategy
                            with Trigger, but less than the
Index Precision Strategy and Index Performance Strategy.
• Growth opportunity may be more or less than the Index Guard Strategy
                            depending on Trigger Rates
and Caps.
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What is the growth opportunity?
Index Precision Strategy
• Growth opportunity limited by the Trigger Rates.
• May perform best in periods of small positive market movements.
• Generally more growth opportunity than the Index Protection Strategy
                            with Trigger and Index Dual
Precision Strategy. However, less growth opportunity than the Index
                            Dual Precision Strategy during
periods of small negative market movements.
• Growth opportunity may be more or less than the Index Guard Strategy
                            or Index Performance
Strategy depending on Trigger Rates and Caps.
Index Guard Strategy
• Growth opportunity limited by the Caps.
• May perform best in a strong market.
• Growth opportunity that generally may be matched or exceeded only by
                            the Index Performance
Strategy. However, growth opportunity may be more or less than the
                            Index Dual Precision Strategy,
Index Precision Strategy, or Index Performance Strategy depending on
                            Trigger Rates and Caps.
Index Performance
Strategy
• Growth opportunity limited by the Caps and/or Participation Rates.
If we do not declare a Cap for an
Index Option there is no maximum
                            limit on the positive Index Return for that Index Option. In
addition, you can receive more than
                            the positive Index Return if the Participation Rate applies
and is greater than its 100%
                            minimum. However, the Participation Rate cannot boost Index
Returns beyond a declared Cap.
• May perform best in a strong market.
• 1-year Term with 10% Buffer Index Options, 3-year Term with 10% or
                            20% Buffer Index Options, and
6-year Term with 10% or 20% Buffer Index Options have the most growth
                            opportunity.
• Growth opportunity for the 1-year Term with 20% or 30% Buffer may be
                            less than the Index Dual
Precision Strategy, Index Precision Strategy, and Index Guard Strategy
                            depending on Trigger Rates
and Caps.
What can change within a Crediting Method?
Index Protection
Strategy with Trigger
• Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start
Date.
– 1-year Term has a 0.10% minimum Trigger Rate.
Index Dual Precision
Strategy
• Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start
Date.
– 1-year Term has a 0.10% minimum Trigger Rate.
• The 10% Buffers for the currently available Index Options cannot
                            change. However, if we add a new
Index Option to your Contract after the Issue Date, we establish the
                            Buffer for it on the date we add
the Index Option to your Contract. The minimum Buffer is 5% for a new
                            Index Option.
Index Precision Strategy
• Renewal and Early Reallocation Trigger Rates for existing Contracts
                            can change on each Term Start
Date.
– 1-year Term has a 0.10% minimum Trigger Rate.
• The 10% Buffers for the currently available Index Options cannot
                            change. However, if we add a new
Index Option to your Contract after the Issue Date, we establish the
                            Buffer for it on the date we add
the Index Option to your Contract. The minimum Buffer is 5% for a new
                            Index Option.
Index Guard Strategy
• Renewal and Early Reallocation Caps for existing Contracts can change
                            on each Term Start Date.
– 1-year Term has a 0.10% minimum Cap.
• The -10% Floors for the currently available Index Options cannot
                            change. However, if we add a new
Index Option to your Contract after the Issue Date, we establish the
                            Floor for it on the date we add the
Index Option to your Contract. The minimum Floor is -25% for a new
                            Index Option.
Index Performance
Strategy
• Renewal and Early Reallocation Caps and/or Participation Rates for
                            existing Contracts can change on
each Term Start Date.
– 1-year Term with 10%, 20%, or 30% Buffer has a 0.10% minimum Cap.
– 3-year Term with 10% or 20% Buffer has a 2% minimum Cap, and 100%
                            minimum Participation Rate.
– 6-year Term with 10% or 20% Buffer has a 5% minimum Cap, and 100%
                            minimum Participation Rate.
• The 10%, 20%, and 30% Buffers for the currently available Index
                            Options cannot change. However, if
we add a new Index Option to your Contract after the Issue Date, we
                            establish the Buffer for it on the
date we add the Index Option to your Contract. The minimum Buffer is
                            5% for a new Index Option.
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•
For any Index Option with the
Index Dual Precision Strategy, Index Precision Strategy, or Index Performance
Strategy,
you participate in any negative Index Return in excess of the Buffer
, which reduces your Contract Value.
For example, for a 10% Buffer we absorb the first -10% of Index Return
                            and you could lose up to 90% of the Index
Option Value. However, for any Index Option with the
Index Guard Strategy
,
we absorb any negative Index Return
in excess of the -10% Floor, so
                            your maximum loss is limited to -10% of the Index Option Value due to negative
Index Returns.
• Trigger Rates, Caps, and Participation Rates as set by us from
                            time-to-time may vary substantially based on market
conditions.
However, in extreme market environments, it is possible that all Trigger Rates, Caps, and Participation
Rates will be reduced to their
                            respective minimums of 0.10%, 2%, 5%, or 100% as stated in the table above.
• If your Contract is within its free look period you may be able to
                            take advantage of any increase in initial Trigger
Rates, Caps, and/or Participation Rates by cancelling your Contract
                            and purchasing a new Contract.
• If the initial Trigger Rates, Caps, and/or Participation Rates
                            available on the Index Effective Date are not acceptable
you have the following options.
– Cancel your Contract if you are still within the free look period. If
                            you took a withdrawal that was subject to a
withdrawal charge (including financial adviser fees that you choose to
                            have us pay from this Contract) we will refund
any previously deducted withdrawal charge upon a free look cancellation.
– Request to extend your Index Effective Date if you have not reached
                            your first Quarterly Contract Anniversary.
– If the free look period has expired, request a full withdrawal and
                            receive the Cash Value. This withdrawal is subject to
withdrawal charges, income taxes, and may also be subject to a 10%
                            additional federal tax for amounts withdrawn
before age 59
1
∕
2
. If this occurs
on or before
the Index Effective Date the Daily Adjustment does
not
apply.

                            If this
occurs
after
the Index Effective Date, you
are
subject to the Daily Adjustment.
•
Trigger Rates, Caps, and Participation Rates can be different from Index Option to Index Option.
For example,
Caps for the Index Performance Strategy 1-year Terms can be different
                            between the S&P 500
®
Index and the
Nasdaq-100
®
Index; and Caps for the S&P 500
®
Index can be
                            different between 1-year, 3-year, and 6-year Terms on
the Index Performance Strategy, and between the 1-year Terms for the
                            Index Guard Strategy and Index Performance
Strategy.
Initial, renewal, and Early Reallocation rates may also be different from Contract-to-Contract.
For
example, assume that on August 3, 2023 we set Caps for the Index
                            Performance Strategy 1-year Term with 10% Buffer
using the S&P 500
®
Index as
                            follows:
– 13% initial rate and 12% Early Reallocation rate for new Contracts
                            issued in 2023,
– 14% renewal rate and 14% Early Reallocation rate for existing
                            Contracts issued in 2022, and
– 12% renewal rate and 13% Early Reallocation rate for existing
                            Contracts issued in 2021.
Bar Chart Examples of Crediting Method Performance
The following hypothetical examples show conceptually how the Crediting Methods might work on the Term End Date in different market
                environments and assume no change in the hypothetical Trigger Rates, Caps, and/or Participation Rates. All values below are for illustrative purposes only. The examples do not reflect any Trigger Rates, Caps, and/or Participation Rates that
                may actually apply to a Contract. The examples do not predict or project the actual performance of the Index Advantage+ NF
SM
. Although an Index or Indexes will affect your Index Option Values, the Index Options do not directly participate in any stock or equity investment and are not a direct investment in an
                Index. The Index Values do not include the dividends paid on the stocks comprising an Index. An allocation to an Index Option is not a purchase of shares of any stock or index fund. These examples do not reflect any withdrawals taken before
                the Term End Date (including any financial adviser fees that you choose to have us pay from this Contract), or deductions we make for Contract fees and expenses.
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Determining Index Option Values
We calculate an Index Option Value for each Index Option at the end of each Business Day. Generally, the Index Option Value is
                equal to the Index Option Base plus any applicable Daily Adjustment. The Daily Adjustment applies on Business Days other than the Term Start Date or the Term End Date. The Daily Adjustment can be positive or negative and is discussed later
                in this section.
On the first Term Start Date, both the Index Option Value and the Index Option Base for each of your selected Index Options are
                initially equal to the amount of:
•
any Purchase Payment received that day which you allocated to that Index Option, and
•
any Contract Value transferred into that Index Option.
At the end of each subsequent Business Day for each selected Index Option, we first either apply:
•
the Daily Adjustment if this is not the Term End Date, or
•
a Performance Credit if this is the Term End Date.
We calculate Performance Credits as described under "Calculating Performance Credits" next in this section and apply them as
                follows:
•
We multiply each Index Option Base by its Performance Credit and add this amount to its Index
                    Option Base.
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•
Then we set each Index Option Value equal to its Index Option Base.
Lastly, we increase and/or decrease each Index Option Base and Index Option Value for additional Purchase Payments, transfers,
                partial withdrawals you take (including financial adviser fees that you choose to have us pay from this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses.
•
Additional Purchase Payments received on the Term End Date and allocated to this Index Option, and
                    transfers of Variable Account Value or Index Option Value into this Index Option, increase these values by the dollar amount allocated or transferred.
•
Transfers out of this Index Option reduce these values by the dollar amount removed from the Index
                    Option.
•
Partial withdrawals you take (including financial adviser fees that you choose to have us pay from
                    this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses reduce these values by the dollar amount withdrawn from the Index Option.
−
We deduct partial withdrawals you take (including financial adviser fees that you choose to have
                    us pay from this Contract and any withdrawal charge), and deductions we make for Contract fees and expenses from the Index Options proportionately based on the percentage of Contract Value in each Index Option using values determined at
                    the end of the Business Day before we process the withdrawal or deduct the Contract expense.
−
We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced
                    its associated Index Option Value.
Example
•
Your Contract Value is $100,000 and you selected two Index Options. The first Index Option has an
                    Index Option Value of $75,000 and an Index Option Base of $72,000. The second Index Option has an Index Option Value of $25,000 and an Index Option Base of $22,000. You take a $10,000 partial withdrawal (including any withdrawal
                    charge).
•
This partial withdrawal reduces your Index Option Value by the percentage of Contract Value in
                    each Index Option (Index Option Value ÷ Contract Value).
−
For the first Index Option this percentage is 75% ($75,000 ÷ $100,000) and the $10,000 partial
                    withdrawal reduces this value by $7,500 ($10,000 x 75%). For the second Index Option this percentage is 25% ($25,000 ÷ $100,000) and the $10,000 partial withdrawal reduces this value by $2,500 ($10,000 x 25%).
•
We then reduce each Index Option Base by the same percentage that the amount withdrawn reduced its
                    associated Index Option Value (amount withdrawn from Index Option Value ÷ Index Option Value).
−
For the first Index Option this percentage is 10% ($7,500 ÷ $75,000) and the $10,000 partial
                    withdrawal reduces this value by $7,200 ($72,000 x 10%). For the second Index Option this percentage is also 10% ($2,500 ÷ $25,000) and the $10,000 partial withdrawal reduces this value by $2,200 ($22,000 x 10%).
•
Deductions we make for Contract fees and expenses also reduce these values proportionately in the
                    same way as a partial withdrawal.
First Index Option
Second Index Option
Index Option Value
Index Option Base
Index Option Value
Index Option Base
Prior to partial withdrawal
$ 75,000
$ 72,000
$ 25,000
$ 22,000
$10,000 partial withdrawal
– $7,500
– $7,200
– $2,500
– $2,200
After partial withdrawal
$ 67,500
$ 64,800
$ 22,500
$ 19,800
•
Amounts removed from the Index Options during the Term for partial withdrawals you take (including any
financial adviser fees that you choose to have us pay
                            from this Contract) and deductions we make for Contract
fees and expenses do not receive a Performance Credit
                            on the Term End Date
. However, the remaining amount
in the Index Options is eligible for a Performance Credit on the Term
                            End Date.
•
You cannot specify from which Index Option or the AZL Government Money Market Fund we deduct Contract fees
and expenses; we deduct Contract fees and expenses from each Index
                            Option and the AZL Government Money
Market Fund proportionately based on its percentage of Contract Value.
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Calculating Performance Credits
We base Performance Credits on Index Values and Index Returns. We measure Index Values on the Term Start Date and Term End Date
                using the Index's price at the end of the Business Day as provided by Bloomberg or another market source if Bloomberg is not available. If the Term Start Date or Term End Date is a non-Business Day we use the next Business Day's Index
                price. If you select the EURO STOXX 50
®
, we determine Index
                Returns without any exchange rate adjustment.
Because we calculate Index Returns only on Term End Dates, the Index Return does not
                necessarily reflect the highest or lowest Index Values that occurred during the Term.
Crediting Method
and Term Length
If Index Value is less than it was on
                            the
Term Start Date
(i.e., Index Return is negative):
If Index Value is equal to or greater
                            than it was
on the Term Start Date
(i.e., Index Return is zero or positive):
Index Protection
Strategy with Trigger
1-year Term
Performance Credit is zero
Performance Credit is equal to the Trigger Rate set
on the Term Start Date
Index Dual Precision
Strategy 1-year Term
(available only to
Contracts issued on or
after November 14, 2023)
Performance Credit is equal to the Trigger Rate if the
negative Index Return is less than or equal to the
10% Buffer. However, if the negative Index Return is
greater than the 10% Buffer you receive a
Performance Credit equal to the negative Index
Return in excess of the 10% Buffer.
If the Index Return is…
• -8%, the Performance Credit is equal to the Trigger
Rate set on the Term Start Date.
• -12%, the Performance Credit is -2%.
Performance Credit is equal to the Trigger Rate set
on the Term Start Date
Index Precision
Strategy 1-year Term
Performance Credit is equal to the negative Index
Return in excess of the 10% Buffer
If the Index Return is…
• -8%, the Performance Credit is zero.
• -12%, the Performance Credit is -2%.
Performance Credit is equal to the Trigger Rate set
on the Term Start Date
Index Guard Strategy
1-year Term
Performance Credit is equal to the negative Index
Return subject to the -10% Floor
If the Index Return is…
• -8%, the Performance Credit is -8%.
• -12%, the Performance Credit is -10%.
Performance Credit is equal to the Index Return up
to the Cap set on the Term Start Date
Assume the Cap is 8%. If the Index Return is…
• 0%, the Performance Credit is zero.
• 6%, the Performance Credit is 6%.
• 12%, the Performance Credit is 8%.
Index Performance
Strategy 1-year Term
(20% and 30% Buffers
available only to Contracts
issued on or after
November 14, 2023)
Performance Credit is equal to the negative Index
Return in excess of the 10%, 20%, or 30% Buffer.
Assume you select a 1-year Term Index Option with
10% Buffer. If the Index Return for the year is…
• -8%, the Performance Credit is zero.
• -12%, the Performance Credit is -2%.
Instead assume you select a
                            1-year Term Index
Option with 20% Buffer
, and the Index Return for
the Term is…
• -19%, the Performance Credit is 0%.
• -24%, the Performance Credit is -4%.
Instead assume you select a
                            1-year Term Index
Option with 30% Buffer
, and the Index Return for
the Term is…
• -29%, the Performance Credit is 0%.
• -34%, the Performance Credit is -4%.
Performance Credit is equal to the Index Return up
to any Cap set on the Term Start Date
Assume the Cap for the 1-year Term is 8%. If the
Index Return for the year is…
• 0%, the Performance Credit is zero.
• 6%, the Performance Credit is 6%.
• 12%, the Performance Credit is 8%.
If instead the
1-year Term were uncapped, the
                            Performance
Credit is 12%
.
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Crediting Method
and Term Length
If Index Value is less than it was on
                            the
Term Start Date
(i.e., Index Return is negative):
If Index Value is equal to or greater
                            than it was
on the Term Start Date
(i.e., Index Return is zero or positive):
Index Performance
Strategy 3-year Term
Performance Credit is equal to the negative Index
Return in excess of the 10% or 20% Buffer.
Assume you select a 3-year Term Index Option with
10% Buffer. If the Index Return for the Term is…
• -19%, the Performance Credit is -9%.
• -24%, the Performance Credit is -14%.
Instead assume you select a
                            3-year Term Index
Option with 20% Buffer
, and the Index Return for
the Term is…
• -19%, the Performance Credit is 0%.
• -24%, the Performance Credit is -4%.
Performance Credit is equal to the Index Return
multiplied by the Participation Rate, up to any Cap
set on the Term Start Date
Assume the Participation Rate is 100% and the Cap
is 80%. If the Index Return for the Term is…
• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 65%.
• 90%, the Performance Credit is 80%.
If instead the Participation Rate is
                            110% and the
3-year Term were uncapped
, and the Index Return
for the Term is…
• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 71.5%.
• 90%, the Performance Credit is 99%.
Index Performance
Strategy 6-year Term
(20% Buffer available only
to Contracts issued on or
after November 14, 2023)
Performance Credit is equal to the negative Index
Return in excess of the 10% or 20% Buffer.
If the Index Return for the Term is…
• -19%, the Performance Credit is -9%.
• -24%, the Performance Credit is -14%.
Instead assume you select a
                            6-year Term Index
Option with 20% Buffer
, and the Index Return for
the Term is…
• -19%, the Performance Credit is 0%.
• -24%, the Performance Credit is -4%.
Performance Credit is equal to the Index Return
multiplied by the Participation Rate, up to any Cap
set on the Term Start Date
Assume the Participation Rate is 100% and the Cap
is 85%. If the Index Return for the Term is…
• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 65%.
• 90%, the Performance Credit is 85%.
If instead the Participation Rate is
                            110% and the
6-year Term were uncapped
, and the Index Return
for the Term is…
• 0%, the Performance Credit is zero.
• 65%, the Performance Credit is 71.5%.
• 90%, the Performance Credit is 99%.
Daily Adjustment
The Daily Adjustment is how we calculate Index Option Values on Business Days other than the Term Start Date or Term End Date.
The AZL Government Money Market Fund is not subject to the Daily Adjustment.
The Daily Adjustment can affect the amounts available for withdrawal, Performance Locks, annuitization, payment of the death
                benefit, and the Contract Value used to determine the RMD payments, Charge Base, and contract maintenance charge. The Daily Adjustment can be positive or negative. When the Daily Adjustment is positive, your Index Option Value has increased
                since the Term Start Date. When it is negative, your Index Option Value has decreased (excluding the effect of the deduction of Contract expenses or any partial withdrawal). The Daily Adjustment for the Index Protection Strategy with
                Trigger cannot be negative.
We calculate the Daily Adjustment for a given Business Day before we deduct any Contract fees or expenses or process any partial
                withdrawal on that Business Day, including Penalty-Free Withdrawals, and any financial adviser fees that you choose to have us pay from this Contract. The Daily Adjustment does not change the Contract fee or expense deducted, or the
                withdrawal amount; it only changes the Index Option Value from which we deduct the Contract fee or expense, or withdrawal.
The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present
                value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment takes into account:
(i)
any Index gains during the Term subject to the applicable Trigger Rate, Cap, and/or
                    Participation Rate,
(ii)
for the Index Dual Precision Strategy, any Index losses less than or equal to the 10% Buffer,
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(iii)
either any Index losses greater than the 10%, 20%, or 30% Buffer, or Index losses down to the
                    -10% Floor (not applicable to the Index Protection Strategy with Trigger), and
(iv)
the number of days until the Term End Date.
The Daily Adjustment does this by using the hypothetical value of a Proxy Investment
(Proxy Value)
each Business Day, other than the Term Start Date or Term End Date, based on the formulas described in
                Appendix B. The
Proxy Investment
provides a current estimated present value of what the Performance Credit will be on the Term End Date taking into account the applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate.
                The Daily Adjustment is not the actual Index return on the day of the calculation, and the estimated present value Performance Credit is not guaranteed. Therefore, the Daily Adjustment could result in a loss beyond the protection of the
                Buffer or Floor.
In extreme circumstances the Daily Adjustment could result in a loss beyond the protection of the 10%, 20%, or 30% Buffer; or -10%
                Floor. The maximum potential loss from a negative Daily Adjustment is: -99% for the Index Dual Precision Strategy, Index Precision Strategy, and Index Performance Strategy; and -35% for the Index Guard Strategy.
Such losses will be greater if the amount withdrawn (including any financial adviser fees that you choose to have us pay from this Contract) is also subject to a
                withdrawal charge, or is a deduction of Contract fees and expenses.
A withdrawal taken during the Term may not receive the full benefit of the Buffer or Floor because the Daily Adjustment takes into
                account what may potentially happen between the withdrawal date and the Term End Date. All other factors being equal, even if the current Index return during the Term is greater than the Cap, or the Trigger Rate for the Index Dual Precision
                Strategy or Index Precision Strategy, the Daily Adjustment will usually be lower than the Cap or Trigger Rate. For the Index Protection Strategy with Trigger and Index Precision Strategy, even if the current Index return during the Term is
                greater than or equal to zero, the Daily Adjustment will usually be lower than the Trigger Rate. For the Index Dual Precision Strategy, even if the Index return is greater than -10%, the Daily Adjustment will usually be lower than the
                Trigger Rate. This is because there is a possibility that the Index return could decrease before the Term End Date. Similarly, even though a negative Index return may be within the 10%, 20%, or 30% Buffer for the Index Dual Precision
                Strategy, Index Precision Strategy, and Index Performance Strategy, you still may receive a negative Daily Adjustment because there is a possibility that the Index Return could decrease before the Term End Date. The Daily Adjustment for
                Index Options with a Term length of more than 1-year may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due to the difference in Term length. Also, the risk of a negative
                Daily Adjustment is greater for Index Options with a Term length of more than 1-year than for 1-year Term Index Options due to the Term length. 3-year and 6-year Term Index Options with a Participation Rate above 100% may also have larger
                fluctuations in the Daily Adjustment than Index Options either without a Participation Rate, or with a Participation Rate equal to 100%. Finally, a negative Index return for the Index Guard Strategy may result in you receiving a Daily
                Adjustment lower than the -10% Floor, because the Daily Adjustment reflects the present value of the Floor and you will not receive the full benefit of the -10% Floor until the Term End Date.
A negative Daily Adjustment may cause you to realize loss of principal and previous earnings.
The Daily Adjustment's risks (including the impact on Contract Value used to determine Contract fees and charges) are discussed in
                more detail in Risk Factors – Risk of Negative Returns. The specific details of the Daily Adjustment formula are described in Appendix B and in Exhibit 99 of the Form S-1 Registration Statement filed with the SEC, of which this prospectus
                is a part. This information is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99 by calling (800) 624-0197, or visiting our website at allianzlife.com.
Performance Locks and Early Reallocations
We must receive a Performance Lock request in Good Order before the end of the current Business Day to lock an Index Option on that
                day. Otherwise the Lock Date will occur on the next Business Day that your request is in Good Order. We do not allow Performance Locks to occur on Term End Dates. For requests submitted in writing, we do not consider the request to be
                received until it arrives at our Service Center.
You (or your Financial Professional, if authorized) can request a Performance Lock based on targets you set only through your
                account on our website. You can set upper and/or lower targets for each Index Option each Term.
Setting a target close to the current
                Index Option Value return (or close to the Daily Adjustment once Contract Value is reduced to zero) may cause a Performance Lock to occur very quickly.
You can change or
                cancel targets at any time before we execute a Performance Lock. Each Index Option's targets automatically expire on the earlier of the Lock Date, or the last Business Day before the Term End Date.
By setting targets you are authorizing us to automatically execute a Performance Lock at the end of the Business Day on the Lock Date upon which the target is reached.
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A Performance Lock can be executed once each Term for each Index Option. We will not execute a Performance Lock on the Index Protection Strategy with
                Trigger Index Options if the Daily Adjustment on the applicable date is zero. A Performance Lock applies to the total Index Option Value in an Index Option, and not just a portion of that Index Option Value. We use the Daily Adjustment
                calculated at the end of the current Business Day on the Lock Date to determine your locked Index Option Value. This "locked" Index Option Value may be more or less than the "unlocked" Index Option Value that is available for your review on
                the Lock Date because the unlocked Index Option Value was determined at the end of the
prior
Business Day. After the Lock Date, the Index Option Value stays in the locked Index Option for the remainder of the Term unless you execute an Early Reallocation (if available to you). Daily Adjustments do not apply to a locked
                Index Option for the remainder of the Term and the locked Index Option Value will not receive a Performance Credit on the Term End Date. For example, assume you selected one Index Option and your Index Option Value available for review in
                your account today is $20,326. If before the end of the Business Day you request a Performance Lock, today is your Lock Date. If your Index Option Value at the end of the Business Day is $20,250, you will lock in this $20,250 and it will
                not change until the next Index Anniversary. However, if you take a partial withdrawal (including financial adviser fees that you choose to have us pay from this Contract) or when we deduct a Contract fee or expense, we deduct these amounts
                proportionately from the Index Option Values, which will decrease any locked Index Option Value. On the next Index Anniversary that occurs on or immediately after the Lock Date, all locked Index Options will be unlocked, we will transfer
                the locked Index Option Value according to your instructions, and Daily Adjustments will again apply for the new Term. If you do not provide us with transfer instructions, the Index Option Value will remain in the same Index Option with a
                new Term Start Date subject to the renewal Trigger Rate, Cap, or Participation Rate for the new Term.
You can also transfer assets out of a locked Index Option by requesting an Early Reallocation. You can request an Early
                Reallocation only through your account on our website. We do not accept Early Reallocation requests within 14 calendar days before an Index Anniversary and you are limited to two Early Reallocation requests each Index Year. However, each
                request can involve multiple locked Index Options. You can execute a Performance Lock and Early Reallocation on the same Business Day. After your second Early Reallocation request in an Index Year, any locked Index Options will remain
                locked until the next Index Anniversary. These limitations mean you may not be able to take advantage of any increases to Early Reallocation rates, or any advantageous changes to Index values when they become available. Executing an Early
                Reallocation will result in the remainder of the Index Year from the date you execute the Early Reallocation being added to your new Term length. For example, assume you are allocated to a 1-year Term Index Option. Eight months into the
                Term, you elect to execute a Performance Lock, and at the end of the tenth month you execute an Early Reallocation and choose a new 1-Year Term Index Option. The remaining two months of the Index Year will be added to the new 1-year Term
                for your newly selected Index Option, making the new Term length 14 months.
A Performance Lock can help eliminate doubt about future Index performance and possibly limit the impact of a negative Performance
                Credit you would otherwise receive on an Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy Index Option. Because we transfer assets out of a locked Index Option on the Index
                Anniversary that occurs on or immediately after the Lock Date, executing a Performance Lock can also allow you to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date if you execute the lock on or before the
                second Index Anniversary of a 3-year Term, or on or before the fifth Index Anniversary of a 6-year Term. If the Index Anniversary occurs on a non-Business Day, the Performance Lock must be executed before the end of the
prior
Business Day in order to transfer assets out of a 3-year or 6-year Term Index Option before the Term End Date. Executing an Early Reallocation on a locked Index Option can also allow you to transfer assets out
                of an Index Option before the Term End Date. The disadvantage of executing a Performance Lock is that the relevant Index Value could increase by the Term End Date, and you will not participate in that increase. In addition, if you execute a
                Performance Lock on an Index Dual Precision Strategy, Index Precision Strategy, Index Guard Strategy, or Index Performance Strategy Index Option, you may receive less than the full protection of the Buffer or Floor that you would have
                received if you waited for us to apply the Performance Credit on the Term End Date.
Early Reallocation Example.
Assume your Index
                Anniversary occurs on January 1st, and by June 15th you have locked four Index Options. You could submit an Early Reallocation request on July 17th for one Index Option, and a second request on August 14th for two more Index Options.
                However, after August 14th we will not accept any additional Reallocation Request for the remainder of the Index Year, so your one remaining locked Index Option will stay locked until the next Index Anniversary. Although you are unable to
                execute an Early Reallocation for the remainder of the Index Year, you can continue to execute Performance Locks on any unlocked Index Options.
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We will not provide advice or notify
                            you regarding whether you should execute a Performance Lock or Early
Reallocation or the optimal time for
                            doing so. We will not warn you if you execute a Performance Lock or Early
Reallocation at a sub-optimal time.
                            We are not responsible for any losses related to your decision whether or not to
execute a Performance Lock or Early
                            Reallocation.
5.
AZL Government Money Market Fund
Information regarding the AZL Government Money Market Fund, including its (i) investment objective, (ii)
                investment adviser and subadviser, (iii) current expenses, and (iv) performance is available in Appendix E – Variable Investment Option Under the Contract. The AZL Government Money Market Fund has issued a prospectus that contains more
                detailed information about the fund. You should read the prospectus for the fund carefully before investing. The fund's prospectus and other information can be found online at
allianzlife.com/variableoptions
. You can also request this information at no cost by calling (800)
                624-0197, by sending an email request to contact.us@allianzlife.com, or by contacting your Financial Professional. We send you the current copy of the AZL Government Money Market Fund's prospectus when we issue the Contract.
There are potential risks associated with the AZL Government Money Market Fund's investment strategies. Depending on market
                conditions, you can gain or lose value by investing in the AZL Government Money Market Fund. In the future, we may add, eliminate or substitute variable investment options to the extent permitted by the federal securities laws and, when
                required, the SEC.
Currently, the AZL Government Money Market Fund is not a publicly available mutual fund. It is available only as a variable
                investment option in variable annuity contracts or variable life insurance policies issued by life insurance companies or in some cases, through participation in certain qualified pension or retirement plans. A material conflict of interest
                may arise between insurance companies, owners of different types of contracts, and retirement plans or their participants. The AZL Government Money Market Fund's Board of Directors monitors for material conflicts, and determines what
                action, if any, should be taken to address any conflicts.
The AZL Government Money Market Fund's name, investment objectives and policies may be similar to the names, investment objectives
                and policies of other portfolios managed by the same investment advisers. Although the names, objectives and policies may be similar, the AZL Government Money Market Fund's investment results may be higher or lower than these other
                portfolios' results. The investment advisers cannot guarantee, and make no representation, that these similar portfolios' investment results will be comparable even though the AZL Government Money Market Fund has the same name, investment
                advisers, objectives, and policies.
The AZL Government Money Market Fund pays 12b-1 fees to the Contracts' distributor, our affiliate, Allianz Life Financial Services,
                LLC, for distribution and/or administrative services. In addition, we may enter into certain arrangements under which we, or Allianz Life Financial Services, LLC, are compensated by the AZL Government Money Market Fund's advisers,
                distributors and/or affiliates for administrative services and benefits we provide to the AZL Government Money Market Fund. The compensation amount usually is based on the AZL Government Money Market Fund's aggregate assets purchased
                through contracts we issue or administer. Some advisers may pay us more or less than others. The maximum service fee we currently receive from any variable investment option in any variable annuity contract we offer is 0.35% annually of the
                average aggregate amount invested by us in the variable investment options.
Allianz Investment Management LLC, the AZL Government Money Market Fund's investment adviser, is affiliated with us through common
                ownership.
Substitution and Limitation on Holdings
We may substitute another variable investment option for the AZL Government Money Market Fund for any reason in our sole
                discretion. To the extent required by the Investment Company Act of 1940 or other applicable law, we do not substitute any shares without SEC approval and providing you notice. A new or substitute variable investment option may have
                different fees and expenses. We may limit the amount of additional Purchase Payments held in the AZL Government Money Market Fund if marketing, tax or investment considerations warrant, or for any reason in our sole discretion. We may also
                close the AZL Government Money Market Fund. The fund companies that sell shares of the AZL Government Money Market Fund to us, pursuant to participation agreements, may end those agreements and discontinue offering us their shares.
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Excessive Trading and Market Timing
Currently the Contract does not offer any variable investment options
                            to which you can allocate money. If we were to
offer variable investment options in the future they would be subject
                            to the following provisions.
We discourage and do not accommodate frequent transfers. We may restrict or modify your right to make transfers to prevent any use
                that we consider to be part of a market timing program.
Frequent transfers, programmed transfers, transfers into and then out of a variable investment option in a short period of time,
                and transfers of large amounts at one time (collectively referred to as "potentially disruptive trading") may have harmful effects for other Owners, Annuitants and Beneficiaries. These risks and harmful effects include the following.
•
Dilution of the interests of long-term investors in a variable investment option, if market timers
                    or others transfer into a variable investment option at prices that are below their true value, or transfer out at prices above their true value.
•
An adverse effect on portfolio management, such as causing a variable investment option to
                    maintain a higher level of cash or causing a variable investment option to liquidate investments prematurely.
•
Increased brokerage and administrative expenses.
We attempt to protect our Owners and the variable investment options from potentially disruptive trading through our Excessive
                Trading and Market Timing policies and procedures. Under these policies and procedures, we may modify your transfer privileges for some or all of the variable investment options as follows:
•
Limit transfer frequency (for example, prohibit more than one transfer a week, or more than two a
                    month, etc.).
•
Restrict the transfer method (for example, requiring all transfers be sent by first-class U.S. mail
                    and rescinding electronic transfer privileges).
•
Require a minimum time period between each transfer into or out of the same variable investment
                    option. Our current Excessive Trading and Market Timing policy, which is subject to change without notice, prohibits "round trips" within 14 calendar days. We do not include transfers into and/or out of the AZL Government Money Market
                    Fund when available in your Contract or any automatic transfers made under any of our programs or Contract features. Round trips are transfers into and back out of the same variable investment option, or transfers out of and back into
                    the same variable investment option.
•
Refuse transfer requests made on your behalf by an asset allocation and/or market timing service.
•
Limit the dollar amount of any single Purchase Payment or transfer request to a variable
                    investment option.
•
Prohibit transfers into specific variable investment options.
•
Impose other limitations or restrictions to the extent permitted by federal securities laws.
We also reserve the right to reject any specific Purchase Payment allocation or transfer request from any person if in the
                investment adviser's, subadviser's or our judgment, a variable investment option may be unable to invest effectively in accordance with its investment objectives and policies. This could occur, for example, where frequent or rapid trading
                causes the investment adviser to hold an excess of uninvested cash to meet redemption requests, or to sell investment positions to fund redemptions, thereby affecting variable investment option returns. Similarly, rapid or frequent trading
                may cause a variable investment option to incur excessive transaction fees, which also could affect performance.
We retain some discretion in determining what actions constitute potentially disruptive trading and in determining when and how to
                impose trading restrictions. Currently, we attempt to
deter
disruptive trading as
                follows. If a transfer(s) is/are identified as potentially disruptive trading, we may (but are not required to) send a warning letter. If the conduct continues and we determine it constitutes disruptive trading, we also impose transfer
                restrictions. Transfer restrictions may include refusing electronic transfers and requiring all transfers be sent by first-class U.S. mail. If the disruptive trading affects only a single variable investment option, we may prohibit
                transfers into or Purchase Payment allocations to that variable investment option. We do not enter into agreements permitting market timing and would not permit activities determined to be disruptive trading to continue. We also reserve the
                right to impose transfer restrictions if we determine, in our sole discretion, that transfers disadvantage other Owners. We notify you in writing if we impose transfer restrictions on you.
We adopted these policies and procedures as a preventative measure to protect all Owners from the potential effects of disruptive
                trading, while also abiding by your legitimate interest in diversifying your investment and making periodic asset re-allocations based on your personal situation or overall market conditions. We attempt to protect your interests in making
                legitimate transfers by providing reasonable and convenient transfer methods that do not harm other Owners.
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We may make exceptions when imposing transfer restrictions if we determine a transfer is appropriate, although it may technically violate our policies
                and procedures discussed here. In determining if a transfer is appropriate, we may, but are not required to, take into consideration its relative size, whether it was purely a defensive transfer into the AZL Government Money Market Fund,
                and whether it involved an error or similar event. We may also reinstate electronic transfer privileges after we revoke them, but we do not reinstate these privileges if we believe they might be used for future disruptive trading.
We cannot guarantee the following.
•
Our monitoring will be 100% successful in detecting all potentially disruptive trading activity.
•
Revoking electronic transfer privileges will successfully deter all potentially disruptive
                    trading.
In addition, some of the variable investment options are available to other insurance companies and we do not know if they adopted
                policies and procedures to detect and deter potentially disruptive trading, or what their policies and procedures might be. Because we may not be completely successful at detecting and preventing market timing activities, and other
                insurance companies that offer the variable investment options may not have adopted adequate market timing procedures, there is some risk that market timing activity may occur and negatively affect other Owners.
We may, without prior notice to any party, take whatever action we deem appropriate to comply with any state or federal regulatory
                requirement. In addition, purchase orders for a variable investment option's shares are subject to acceptance by that variable investment option's manager. We reserve the right to reject, without prior notice, any variable investment option
                transfer request or Purchase Payment if the purchase order is rejected by the investment manager. We have entered into agreements required under SEC Rule 22c-2 (Rule 22c-2 agreements) whereby, upon request by an underlying fund or its
                designee, we must provide information about you and your trading activities to the underlying fund or its designee. Under the terms of the Rule 22c-2 agreements, we are required to: (1) provide details concerning every purchase, redemption,
                transfer, or exchange of variable investment options during a specified period; and (2) restrict your trading activity if the party receiving the information so requests. Under certain Rule 22c-2 agreements, if we fail to comply with a
                request to restrict trading activity, the underlying fund or its designee may refuse to accept buy orders from us until we comply.
Variable investment options may add or change policies designed to restrict market timing activities. For example, variable
                investment options may impose restrictions on transfers between variable investment options in an affiliated group if the investment adviser to one or more of the variable investment options determines that the person requesting the
                transfer has engaged, or is engaging in, market timing or other abusive trading activities. In addition, a variable investment option may impose a short-term trading fee on purchases and sales within a specified period. You should review
                the variable investment options' prospectuses regarding any applicable transfer restrictions and the imposition of any fee to discourage short-term trading. The imposition of these restrictions would occur as a result of variable investment
                option restrictions and actions taken by the variable investment options' managers.
This Contract is not designed for professional market timing
                            organizations, or other persons using programmed, large, or
frequent transfers, and we may restrict excessive or inappropriate
                            transfer activity.
The retention of some level of discretion by us may result in disparate treatment among persons engaging in potentially disruptive
                trading, and it is possible that some persons could experience adverse consequences if others are able to engage in potentially disruptive trading practices that have negative effects.
Voting Privileges
We legally own the AZL Government Money Market Fund shares. However, when the AZL Government Money Market Fund holds a shareholder
                vote that affects your investment, we ask you to give us voting instructions. We then vote all of our shares, including any we own on our behalf, in proportion to those instructions. Because most Owners do not give us instructions and we
                vote shares proportionally, a small number of Owners may determine a vote's outcome. If we determine we no longer need to get your voting instructions, we will decide how to vote the shares. Only Owners have voting privileges. Annuitants,
                Beneficiaries, Payees and other persons have no voting privileges unless they are also Owners.
We determine your voting interest as follows:
•
You can provide voting instructions based on the dollar value of the AZL Government Money Market
                    Fund's shares in your Contract's subaccount. We calculate this value based on the number and value of accumulation units for your Contract on the record date. We count fractional units.
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•
You receive proxy materials and a voting instruction form.
6.
Expenses
Contract fees and expenses reduce your investment return and are described here in detail. We set the Contract fees and expenses on
                the Issue Date and they cannot change.
Optional Benefit Additional Rider Fee
Maximum Anniversary Value Death Benefit
If you have the Maximum Anniversary Value Death Benefit, we deduct an additional 0.20% rider fee from your Contract Value. The
                rider fee is an annualized rate that we calculate and accrue on a daily basis as a percentage of the Charge Base and deduct quarterly during the Accumulation Phase while your benefit is in effect as follows.
Issue Date
Non-Quarterly Contract Anniversaries
Quarterly Contract Anniversaries*
• The Charge Base is
equal to your initial
Purchase Payment.
• We begin calculating
and accruing the
daily rider fee,
on
the day after the
Issue Date.
• First we calculate and accrue the daily rider fee,
using the Charge Base. If this is a non-Business
Day we use the Charge Base from the end of the
prior Business Day.
• Then if this is a Business Day we
increase/decrease the Charge Base as follows.
–
If we receive an additional Purchase
Payment, we increase the Charge Base by
the dollar amount we receive.
–
If you take a partial withdrawal (including any
financial adviser fees that you choose to have
us pay from this Contract), or we deduct
Contract fees and expenses other than the
withdrawal charge, we decrease the Charge
Base by the percentage of Contract Value
withdrawn (including any withdrawal charge).
All withdrawals you take reduce the Charge
Base, even Penalty-Free Withdrawals.
• First we process all daily transactions and
determine your Contract Value. Daily
transactions include any gains/losses due to AZL
Government Money Market Fund performance or
application of any Daily Adjustment (or
Performance Credit if this is also the Term End
Date), any additional Purchase Payment, any
partial withdrawals you take (including financial
adviser fees that you choose to have us pay from
this Contract and any withdrawal charge), and
deductions we make for other Contract fees and
expenses
(including deduction of the accrued
daily rider fee for the prior
                            quarter).
All partial
withdrawals you take reduce the Charge Base,
even Penalty-Free Withdrawals.
–
We deduct the accrued rider fee for the prior
quarter on a dollar for dollar basis from the
Contract Value, and proportionately from each
Index Option and the AZL Government Money
Market Fund.
• Then we set the Charge Base equal to this
Contract Value and we calculate and accrue the
next quarter's
daily rider fee using the newly set
Charge Base.
*
Or the next Business Day if the Quarterly Contract
Anniversary is a non-Business Day.
Example:
Contract Value is $125,000; Charge
Base is $127,000; a $10,000 partial
withdrawal (including any withdrawal charge)
would decrease the Charge Base by $10,160.
[($10,000 ÷ $125,000) x $127,000]
Any increase/decrease to the Charge Base
will increase/decrease the daily rider fee we
calculate and accrue
on the next day.
Examples of how we
                            calculate the rider fee are included in Appendix C.
We no longer assess the 0.20% additional rider fee once we receive either the first Valid Claim from any one Beneficiary, or due
                proof of a Determining Life's death if you and the Determining Life are different individuals and the Determining Life predeceases you. We deduct the final accrued additional rider fee before calculating the death benefit. If you take a
                full withdrawal or annuitize the Contract, we deduct the final accrued rider fee before processing the withdrawal or calculating Annuity Payments. The additional rider fee compensates us for the risks we assume under the Maximum Anniversary
                Value Death Benefit.
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•
When calculating the Maximum Anniversary Value, we deduct all Contract fees and expenses on the Index
Anniversary (including the accrued rider fee if this is also a Quarterly
                            Contract Anniversary) before we capture any
annual investment gains. However, we do not treat the deduction of the
                            accrued rider fee as a withdrawal when
calculating the Maximum Anniversary Value (see section 10).
•
If on a Quarterly Contract Anniversary (or the next Business Day if the Quarterly Contract Anniversary is a
non-Business Day) the Contract Value is less than the accrued rider fee,
                            we deduct your total remaining Contract
Value to cover the accrued rider fee and reduce your Contract Value to
                            zero.
Contract Maintenance Charge (Administrative Expenses)
Your annual contract maintenance charge is $50. This charge is for Contract administration and maintenance expenses. We waive this
                charge as follows:
•
During the Accumulation Phase, if the Contract Value is at least $100,000 on the Contract
                    Anniversary.
•
During the Annuity Phase if the Contract Value on the last Business Day before the Annuity Date is
                    at least $100,000.
•
When paying death benefits.
During the Accumulation Phase, we deduct the contract maintenance charge:
•
on a dollar for dollar basis from the Contract Value on the Contract Anniversary (or the next
                    Business Day if the Contract Anniversary is a non-Business Day), and
•
we deduct it proportionately from each Index Option and the AZL Government Money Market Fund.
If you take a full withdrawal from your Contract (other than on a Contract Anniversary), we deduct the full contract maintenance
                charge. We do not treat the deduction of the contract maintenance charge as a withdrawal when computing your Guaranteed Death Benefit Value. During the Annuity Phase, we deduct the contract maintenance charge proportionately from each
                Annuity Payment (e.g., if you request semi-annual Annuity Payments we deduct 50% of the contract maintenance charge from each Annuity Payment).
Withdrawal Charge
You can take withdrawals during the Accumulation Phase. A withdrawal charge applies if any part of a withdrawal comes from a
                Purchase Payment that is still within the withdrawal charge period. We assess the withdrawal charge against the Withdrawal Charge Basis, which is equal to total Purchase Payments, less any Purchase Payments withdrawn (excluding any
                Penalty-Free Withdrawals), and less any applicable withdrawal charge. We do not reduce the Withdrawal Charge Basis for any amounts we deduct to pay other Contract fees and expenses. For withdrawals that are subject to a withdrawal charge,
                to pay your requested withdrawal amount we deduct
more
than the amount you request and apply a withdrawal charge to the Purchase Payments deducted. Please see #3 in the following example.
We do not assess a withdrawal charge on Penalty-Free Withdrawals or amounts we deduct to pay Contract expenses,
                other than the withdrawal charge.
Amounts withdrawn to pay financial adviser fees are subject to a withdrawal charge if they exceed the free withdrawal privilege, and will
                reduce the Contract Value and Guaranteed Death Benefit Value
(perhaps significantly and by more than the amount withdrawn)
.
Calculating a Withdrawal Charge
Example
For purposes of calculating any withdrawal charge, we withdraw
Purchase Payments on a "first-in-first-out" (FIFO) basis and we
process withdrawal requests as follows.
You make an initial Purchase Payment of $55,000 and make
another Purchase Payment in the first month of the second
Contract Year of $45,000. In the third month of the third
Contract Year, your Contract Value is $110,000 and you
request a $70,000 withdrawal. We withdraw money and
compute the withdrawal charge as follows.
1.
First, we withdraw from Purchase Payments that we have had
for six or more complete years, which is your Contract's
withdrawal charge period. This withdrawal is not subject to a
withdrawal charge and it reduces the Withdrawal Charge Basis
dollar for dollar.
1
.
Purchase Payments beyond the withdrawal charge
period.
All payments are still within the withdrawal charge
period, so this does not apply.
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Calculating a Withdrawal Charge
Example
2.
Amounts available as a Penalty-Free Withdrawal. This includes
partial withdrawals you take during the Accumulation Phase
under the free withdrawal privilege or waiver of withdrawal
charge benefit, and RMD payments you take under our
minimum distribution program. Penalty-Free Withdrawals are
not subject to a withdrawal charge, and they do not reduce the
Withdrawal Charge Basis.
2
.
Amounts available as a Penalty-Free Withdrawal.
You
did not take any other withdrawals this year, so the entire
free withdrawal privilege (10% of your total Purchase
Payments, or $10,000) is available to you without incurring a
withdrawal charge.
3.
Next, on a FIFO basis, we withdraw from Purchase Payments
within your Contract's withdrawal charge period and assess a
withdrawal charge. Withdrawing payments on a FIFO basis
may help reduce the total withdrawal charge because the
charge declines over time. We determine your total withdrawal
charge by multiplying each payment by its applicable
withdrawal charge percentage and then totaling the charges.
These withdrawals reduce the Withdrawal Charge Basis.
The withdrawal charge as a percentage of each Purchase
Payment withdrawn is as follows.
3
.
Purchase Payments within the withdrawal charge period
on a FIFO basis.
The total amount we withdraw from the
first Purchase Payment is $55,000, which is subject to a 7%
withdrawal charge, and you receive $51,150. We determine
this amount as follows:
(
amount withdrawn) x (1 – withdrawal charge) = the
amount you receive, or:
$55,000 x 0.93 = $51,150
The total amount we withdraw from the second Purchase
Payment is $9,620, which is subject to an 8% withdrawal
charge, and you receive $8,850. We determine this amount
as follows:
(
amount withdrawn) x (1 – withdrawal charge) = the
amount you receive, or:
$9,620 x 0.92 = $8,850
Number of Complete Years
Since Purchase Payment
Withdrawal Charge
Amount
0
1
2
3
4
5
6 years or more
8.5%
8%
7%
6%
5%
4%
0%
4.
Finally, we withdraw any Contract earnings. This withdrawal is
not subject to a withdrawal charge and it does not reduce the
Withdrawal Charge Basis.
4.
Contract earnings.
We already withdrew your requested
amount, so this does not apply.
In total we withdrew $74,620 from your Contract, of
which you received $70,000 and paid a withdrawal
charge of $4,620. We also reduced the 1st Purchase
Payment from $55,000 to $0, and your 2nd Purchase
Payment from $45,000 to $35,380 ($45,000 – $9,620).
Please note that this example may
                            differ from your
actual results due to rounding.
Upon a full withdrawal, we first deduct any  final rider fee and contract maintenance charge from your Contract Value before we
                calculate the withdrawal charge. We then deduct any applicable withdrawal charge from the total remaining Contract Value and send you the remaining amount. For a partial withdrawal we pay you the amount you requested and deduct this amount
                and any withdrawal charge from the total Contract Value. We deduct any partial withdrawal (including any withdrawal charge) proportionately from each Index Option and the AZL Government Money Market Fund. If a partial withdrawal occurs on a
                day that we also deduct the rider fee and/or contract maintenance charge, we deduct these fees and expenses before we calculate and deduct the partial withdrawal and any withdrawal charge from the Contract Value.
The withdrawal charge compensates us for expenses associated with selling the Contract.
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Reduction or Elimination of the Withdrawal Charge
We may reduce or eliminate the withdrawal charge when the Contract is sold under circumstances that reduce its sales expenses. We
                will implement this withdrawal charge reduction or elimination in a nondiscriminatory manner. For example, if a large group of individuals purchases Contracts or if a prospective purchaser already has a relationship with us. We may choose
                not to deduct a withdrawal charge under a Contract issued to an officer, director, or employee of Allianz Life or any of its affiliates. Also, we may reduce or eliminate the withdrawal charge when a Contract is sold by a Financial
                Professional appointed with Allianz Life to any members of his or her immediate family and the Financial Professional waives their commission. We must pre-approve any withdrawal charge reduction or elimination.
•
Upon a full withdrawal the free withdrawal privilege is not available to you, and we apply a withdrawal charge
against Purchase Payments that are still within the withdrawal charge
                            period, including amounts previously
withdrawn under the free withdrawal privilege.
On a full withdrawal your Withdrawal Charge Basis may be
greater than your Contract Value because the following
                            reduce your Contract Value, but do not reduce your
Withdrawal Charge Basis:
–
prior Penalty-Free Withdrawals,
–
deductions we make for Contract fees and expenses other than the withdrawal charge, and/or
–
poor performance.
This also means that upon a full
                            withdrawal you may not receive any money.
•
Withdrawals (including any financial adviser fees that you choose to have us pay from this Contract)
are subject to
ordinary income taxes, and may also be subject to a 10%
                            additional federal tax for amounts withdrawn before
age 59
1
∕
2
. The amount of Contract Value available for withdrawal is also affected by the Daily Adjustment
(which can be negative) unless taken
                            on a Term End Date. If you have Index Options with different Term End
Dates, there may be no time you can
                            take a withdrawal without application of at least one Daily Adjustment.
Please consult with your Financial
                            Professional before requesting us to pay financial adviser fees from this
Contract rather than from other
                            assets you may have.
•
For tax purposes, and in most instances, withdrawals from Non-Qualified Contracts are considered to come from
earnings first, not Purchase Payments.
Daily Adjustment Maximum Potential Loss
The Daily Adjustment is how we calculate Index Option Values on days other than the Term Start Date or Term End Date. The Daily
                Adjustment approximates the Index Option Value that will be available on the Term End Date. If before the Term End Date you take a full or partial withdrawal (including any financial adviser fees that you choose to have us pay from this
                Contract), execute a Performance Lock, annuitize the Contract, we pay a death benefit, or when we deduct Contract fees and expenses, we calculate the Index Option Value by applying the Daily Adjustment. The Daily Adjustment can be positive
                or negative. Following is the maximum potential loss associated with the Daily Adjustment.
Index Protection Strategy
with Trigger
Index Dual Precision Strategy,
Index Precision Strategy,
and
Index Performance Strategy
Index
Guard
Strategy
Daily Adjustment Maximum Potential Loss
0%
99%
35%
(as a percentage of Index Option Value, applies for
distributions from an Index Option before any Term
End Date)
Premium Tax
Premium tax is based on your state of residence at the time you make each Purchase Payment. In states that assess a premium tax, we
                do not currently deduct it from the Contract, although we reserve the right to do so in the future. Premium tax normally ranges from 0% to 3.5% of the Purchase Payment, depending on the state or governmental entity.
Income Tax
Currently, we do not deduct any Contract related income tax we incur, although we reserve the right to do so in the future.
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AZL Government Money Market Fund Expenses
Charges deducted from and expenses paid out of the assets of the AZL Government Money Market Fund are described in the fund's
                prospectus.
These expenses reduce the AZL Government Money Market Fund's performance and, therefore, negatively affect your Contract Value and
                any payments based on Contract Value.
7.
Access to Your Money
Your Contract Value is available under the following circumstances:
•
by taking a withdrawal (including financial adviser fees that you choose to have us pay from this
                    Contract; withdrawals under the free withdrawal privilege and waiver of withdrawal charge benefit; and for Qualified Contracts only, RMD payments under our minimum distribution program);
•
by taking Annuity Payments; or
•
when we pay a death benefit.
You can take withdrawals during the Accumulation Phase. We process withdrawal requests based on values next determined after
                receipt of the request in Good Order at our Service Center. Values are normally determined at the end of each Business Day. We process any withdrawal request received at or after the end of the current Business Day using values determined
                on the next Business Day.
Any partial withdrawal must be for at least $100.* The Contract Value after a partial withdrawal must be at least $2,000.*
Any partial withdrawal that reduces the Contract Value below this minimum will be treated as a full withdrawal. A full withdrawal will cause the
                Contract
and all of its benefits
to end.
*
Does not apply to RMD payments under our minimum distribution program.
We deduct any partial withdrawal (including any withdrawal charge) proportionately from each Index Option and the AZL Government
                Money Market Fund. The Index Option Value from which a partial withdrawal is deducted during a Term will include any applicable Daily Adjustment.
When you take a full withdrawal of the Cash Value we process your request on the Business Day we receive it in Good Order at our
                Service Center as follows:
•
total Contract Value including any Daily Adjustment,
•
less any final rider fee and contract maintenance charge, and
•
less any withdrawal charge.
See the Fee Tables and section 6, Expenses for a discussion of the Contract fees and expenses.
A partial or full withdrawal is subject to a withdrawal charge if taken within six years of your last Purchase Payment, and if
                taken on a day other than a Term End Date we will apply the Daily Adjustment to the Index Option Values before deducting the withdrawal. A partial withdrawal is not subject to any Contract fees or expenses other than the withdrawal charge,
                but on a full withdrawal we do deduct any final rider fee and contract maintenance charge. Partial withdrawals (including any withdrawal charge) reduce Contract Value and Cash Value dollar for dollar, and reduce the Guaranteed Death Benefit
                Value proportionately. The reduction to Contract Value also reduces the following which are based on Contract Value: the likelihood of receiving increases to the Maximum Anniversary Value if the Maximum Anniversary Value Death Benefit is
                selected, and RMD payments. A full withdrawal will end the Contract and all its benefits.
We pay withdrawals promptly, but in no event later than seven days after receipt of your request in Good Order at our Service
                Center, unless the suspension of payments or transfers provision is in effect (see the discussion later in this section).
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•
Withdrawals are subject to a withdrawal charge, income taxes, and may also be subject to a 10% additional federal
tax for amounts withdrawn before age 59
1
∕
2
. The amount of Contract Value available for
                            withdrawal may also be
affected by the Daily Adjustment
(which can be negative)
.
Please consult with your Financial Professional
                            before
requesting us to pay financial
                            adviser fees from this Contract rather than from other assets you may have.
•
Joint Owners:
We send each Joint Owner a check for half of the withdrawal
                            amount and we tax report that Joint
Owner individually.
Tax reporting each Joint Owner individually can create a discrepancy in taxation if only one
Joint Owner is under age 59
1
∕
2
because that Joint Owner may
be subject to the 10% additional federal tax.
•
We may be required to provide information about you or your Contract to government regulators. We may also be
required to stop Contract disbursements and thereby refuse any transfer
                            requests, and refuse to pay any withdrawals
(including a full withdrawal), or death benefits until we receive
                            instructions from the appropriate regulator. If,
pursuant to SEC rules, the AZL Government Money Market Fund suspends
                            payment of redemption proceeds in
connection with a fund liquidation, we will delay payment of any
                            transfer, full or partial withdrawal, or death benefit
from the AZL Government Money Market Fund subaccount until the fund is
                            liquidated.
Free Withdrawal Privilege
Each Contract Year during the Accumulation Phase, you can withdraw up to 10% of your total Purchase Payments without incurring a
                withdrawal charge (the free withdrawal privilege). Any unused free withdrawal privilege in one Contract Year is not added to the amount available to you in the next Contract Year. Withdrawals from Purchase Payments that are outside the six
                year withdrawal charge period are not subject to a withdrawal charge and do not reduce your free withdrawal privilege. RMD payments you take under our minimum distribution program and withdrawals under the waiver of withdrawal charge
                benefit are not subject to a withdrawal charge, but do reduce your free withdrawal privilege. Amounts we deduct for any financial adviser fees that you choose to have us pay from this Contract also reduce your free withdrawal privilege.
Example
Assume your initial Purchase Payment 10 years ago was $90,000, and you made a second $100,000 Purchase Payment 3 years ago. You
                take a RMD payment of $1,500 and withdraw $150,000 when the Contract Value is $275,000. The RMD payment is not subject to a withdrawal charge, but reduces the amount available under the free withdrawal privilege to $17,500 (10% x $190,000
                total Purchase Payments = $19,000 - $1,500 RMD payment). After the RMD payment, $107,500 is available to you without a withdrawal charge: the initial $90,000 Purchase Payment that is beyond the 6-year withdrawal charge period, and $17,500
                remaining free withdrawal privilege. The remaining $42,500 of your requested withdrawal would be subject to a 7% withdrawal charge.
The free withdrawal privilege is not available upon a
                            full withdrawal.
Minimum Distribution Program and Required Minimum Distribution (RMD) Payments
If you own an IRA or SEP IRA Contract, you can participate in the minimum distribution program during the Accumulation Phase. If
                you have an Inherited IRA Contract or Inherited Roth IRA Contract we generally require you to participate in the minimum distribution program when you purchase this Contract. Under this program, we make payments to you designed to meet the
                applicable minimum distribution requirements imposed by the Code for this Qualified Contract. RMD payments are not subject to a withdrawal charge, but they reduce the free withdrawal privilege amount during the Contract Year. We do not
                consider deductions we make for financial adviser fees that you choose to have us pay from this Contract to be RMD payments. However, Contract Value is one of the components we use to calculate RMD payments, so these deductions may reduce
                your future RMD payments. We apply the Daily Adjustment to the Index Option Values if RMD payments are deducted on days other than a Term End Date. We can make payments to you monthly, quarterly, semi-annually or annually. However, if your
                Contract Value is less than $25,000, we only make annual payments. We do not allow you to aggregate RMD payments between this Contract and other qualified contracts that you own for purposes of this program. We must receive your program
                form instructions in Good Order at our Service Center before the end of the Business Day before payments begin.
We reserve the right to discontinue or modify the minimum distribution program subject to the requirements of law.
You should consult a tax adviser before purchasing a
                            Qualified Contract that is subject to RMD payments, or if
you have a Qualified Contract purchased through a
                            qualified plan.
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Waiver of Withdrawal Charge Benefit
After the first Contract Year, you can take withdrawals and we waive the withdrawal charge if you:
•
begin confinement after the first Contract Anniversary in an eligible facility (a hospital, nursing
                    facility, or assisted living facility) for at least 90 days in a 120-day period, or
•
are unable to perform at least two of six activities of daily living (ADLs) for at least 90
                    consecutive days. ADLs include bathing, dressing, toileting, continence, eating, and transferring (moving into or out of a bed, chair, or wheelchair).
We must receive proof of staying in an eligible facility or ADL eligibility before we waive the withdrawal charge. For ADL
                eligibility we may require, at our expense, an examination or tests by a physician of our choice. This waiver is not available if on the Issue Date you were confined to an eligible facility, or were unable to perform all six of the ADLs. We
                base this benefit on the Annuitant for non-individually owned Contracts. Withdrawals under this benefit reduce the free withdrawal privilege amount during the Contract Year. We apply the Daily Adjustment to the Index Options if withdrawals
                under this benefit are deducted on days other than the Term End Date.
Suspension of Payments or Transfers
We may be required to suspend or postpone transfers or payments for withdrawals for more than seven days after receipt of your
                request in Good Order at our Service Center, for any period when:
•
the New York Stock Exchange is closed (other than customary weekend and holiday closings);
•
trading on the New York Stock Exchange is restricted;
•
an emergency (as determined by the SEC) exists as a result of which disposal of the AZL Government
                    Money Market Fund shares is not reasonably practicable or we cannot reasonably value the shares; or
•
during any other period when the SEC, by order, so permits for the protection of Owners.
8.
The Annuity Phase
Prior to annuitization, you can take a full withdrawal and receive your Cash Value. If you take a full withdrawal on any day other
                than a Term Start Date or Term End Date we apply the Daily Adjustment to the Index Option Values before we deduct the final Contract fees and expenses.
Annuity Payments offer a guaranteed lifetime income stream with certain tax advantages and are designed for Owners who no longer
                need immediate access to Contract Value to meet their short-term income needs.
You can request regular periodic fixed Annuity Payments. The Payee receives the Annuity Payments. You receive tax reporting on the
                payments, whether or not you are the Payee. We may require proof of the Annuitant(s)' age before we make any life contingent Annuity Payment. If you misstate the Annuitant(s)' age or gender, we recalculate the Annuity Payments based on the
                correct age or gender.
Calculating Your Annuity Payments
We base Annuity Payments upon the following:
•
The Contract Value less the final rider fee (if applicable) on the Annuity Date.
•
The age of the Annuitant and any joint Annuitant on the Annuity Date.
•
The gender of the Annuitant and any joint Annuitant where permitted.
•
The Annuity Option you select.
•
Your Contract's interest rate (or current rates, if higher) and mortality table.
For any Index Option for which the Annuity Date is not a Term End Date, Contract Value reflects the Daily Adjustment. We guarantee
                the dollar amount of Annuity Payments and this amount remains fixed and does not change during the entire annuity payment option period that you selected, except as provided under Annuity Option G. We deduct the contract maintenance charge
                proportionately from each Annuity Payment (e.g., if you request semi-annual Annuity Payments we deduct 50% of the contract maintenance charge from each Annuity Payment). However, if your Contract Value on the last Business Day before the
                Annuity Date is at least $100,000, we waive the contract maintenance charge during the Annuity Phase.
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Annuity Payment Options
You can choose one of the Annuity Options described below. After Annuity Payments begin, you cannot change the Annuity Option, or
                transfer or withdraw Contract Value.
Option A - Guaranteed Period.
We make Annuity
                Payments for a guaranteed period of ten years.
Option B - Life.
We make Annuity Payments
                during the life of the Annuitant, and the last payment is the one that is due before the Annuitant's death. If the Annuitant dies shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.
Option C - Life with Guaranteed Period.
We make
                Annuity Payments during the life of the Annuitant, with payments for a minimum guaranteed period that you select. The guaranteed period must be either five or ten years.
Option F - Joint and Survivor.
We make Annuity
                Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant. If both Annuitants die shortly after the
                Annuity Date, the Payee may receive less than your investment in the Contract.
Option G - Joint and 2/3 Survivor Annuity.
We
                make Annuity Payments during the lifetimes of the Annuitant and the joint Annuitant. Upon the death of one Annuitant, Annuity Payments to the Payee continue during the lifetime of the surviving joint Annuitant at 2/3 of the original amount.
                If both Annuitants die shortly after the Annuity Date, the Payee may receive less than your investment in the Contract.
Under Annuity Options B, F and G, if all Annuitants die on or after the Annuity Date and before we send the first Annuity Payment, we
                will cancel Annuity Payments and upon receipt of a Valid Claim we will pay the Contract Value determined on the Annuity Date to surviving individual Owner, or the Beneficiary(s) if there is no surviving Owner. If the Owner is a
                non-individual, we pay the Owner.
After the Annuitant's death under Annuity Options A and C, we make Annuity Payments during the remaining guaranteed period in the
                following order based on who is still alive: the Payee, any surviving original Owner, the last surviving Owner's Beneficiaries, or to the last surviving Owner's estate if there are no remaining or named Beneficiaries.
Annuity Payments are usually lower if you select an Annuity Option that requires us to make more frequent Annuity Payments or to make
                payments over a longer period of time. If you choose life contingent Annuity Payments, payout rates for a younger Annuitant are lower than the payout rates for an older Annuitant and payout rates for life with a guaranteed period are
                typically lower than life only payments. Monthly payout rates are lower than annual payout rates, payout rates for a 10-year guaranteed period are less than payout rates for a 5-year guaranteed period, and payout rates for a 50-year-old
                Annuitant are less than payout rates for a 70-year-old Annuitant.
•
If you do not choose an Annuity Option before the Annuity Date, we make Annuity Payments to the Payee
under Annuity Option C with ten years of guaranteed
                            monthly payments.
•
For Owners younger than age 59
1
∕
2
, Annuity
                            Payments may be subject to a 10% additional federal tax.
•
For a Qualified Contract, the Annuity Payments must end ten years after the Owner's death.
When Annuity Payments Begin
Annuity Payments must begin on the maximum Annuity Date stated in your Contract, which is the Index Anniversary that occurs on or
                immediately after the Annuitant reaches age 100. An earlier Annuity Date or a withdrawal may be required to satisfy minimum required distribution rules under certain Qualified Contracts.
You can make an authorized request for an earlier Annuity Date after the Issue Date, but any such request is subject to applicable law and our approval.
Your Annuity Date must occur on an Index Anniversary. The earliest available Annuity Date is the second Index Anniversary.
•
If Annuity Payments would be less than $100, we reserve the right to require you to take a full withdrawal and
your Contract will then terminate.
•
If on the maximum Annuity Date your Contract Value is greater than zero, you must annuitize the Contract.
We notify you of your available options in writing 60 days in advance.
If on your maximum Annuity Date you have
not selected an Annuity Option, we
                            make payments under Annuity Option C with ten years of guaranteed monthly
payments.
Upon annuitization you no longer have Contract Value or a death benefit, and you cannot receive any
other periodic withdrawals or payments other than Annuity Payments.
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9.
Benefits Available Under the Contract
The following tables summarize information about the benefits available under the Contract.
Standard
Benefits (No Additional Charge)
Name of
Benefit
Purpose
Brief Description of
                            Restrictions/Limitations
Free
Withdrawal
Privilege
Allows you to withdraw up to 10% of your total
Purchase Payments each Contract Year without
incurring a withdrawal charge.
• Only available during the Accumulation Phase.
• Not available upon a full withdrawal.
• Unused free withdrawal amounts not available in
future years.
• Program withdrawals may be subject to negative
Daily Adjustments.
• Program withdrawals are subject to income taxes,
and may also be subject to a 10% additional
federal tax for amounts withdrawn before age
59
1
∕
2
.
Minimum
Distribution
Program
Allows you to automatically take withdrawals to
satisfy the minimum distribution requirements (RMD)
imposed by the Internal Revenue Code.
• Only available during the Accumulation Phase.
• Only available to IRA or SEP IRA Contracts.
• Generally required for Inherited IRA and Inherited
Roth IRA Contracts.
• Program withdrawals count against free withdrawal
privilege.
• Program withdrawals may be subject to negative
Daily Adjustments.
• Program withdrawals are subject to income taxes.
• Program withdrawals may be monthly, quarterly,
semi-annual or annual, unless you have less than
$25,000 in Contract Value, in which case only
annual payments are available.
• We reserve the right to discontinue or modify the
program subject to the requirements of law.
Financial
Adviser
Fees
If you have a financial adviser and want to pay their
financial adviser fees from this Contract, you can
instruct us to withdraw the fee from your Contract
and pay it to your Financial Professional or Financial
Professional's firm as instructed.
• Only available during the Accumulation Phase.
• Financial adviser fees are in addition to the
Contract's fees and expenses.
• Deductions for financial adviser fees are treated as
withdrawals under the Contract.
• Program withdrawals count against free withdrawal
privilege.
• Program withdrawals may be subject to negative
Daily Adjustments.
• Program withdrawals are subject to withdrawal
charges and income taxes, and may also be
subject to a 10% additional federal tax for amounts
withdrawn before age 59
1
∕
2
.
• We reserve the right to discontinue or modify the
program.
• See section 1 for an example of how deduction of
financial adviser fees impact the Contract.
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Standard Benefits (No Additional Charge)
Name of
Benefit
Purpose
Brief Description of
                            Restrictions/Limitations
Waiver of
Withdrawal
Charge
Benefit
Waives withdrawal charges if you are confined for
care, or are unable to perform at least two out of six
activities of daily living (ADLs).
• Only available during the Accumulation Phase.
• Confinement must begin after the first Contract
Anniversary, be for at least 90 days in a 120-day
period, and requires proof of stay.
• Inability to perform two ADLs must be for at least
90 consecutive days and may require an exam or
tests by a physician.
• Not available on the Issue Date if any Owner was
confined to an eligible facility, or unable to perform
all six ADLs.
• Program withdrawals count against free withdrawal
privilege.
• Program withdrawals may be subject to negative
Daily Adjustments.
• Program withdrawals are not subject to withdrawal
charges, but are subject to income taxes, and may
also be subject to a 10% additional federal tax for
amounts withdrawn before age 59
1
∕
2
.
• State variations may apply.
Traditional
Death Benefit
Provides a death benefit equal to the greater of the
Contract Value, or Guaranteed Death Benefit Value.
The Guaranteed Death Benefit Value is total
Purchase Payments adjusted for withdrawals.
An example of the death benefit provided by the
Traditional Death Benefit is included in section 10,
Death Benefit.
An example of how deduction of financial adviser
fees impact the death benefit is included in section 1.
• Benefit only available during the Accumulation
Phase.
• Withdrawals, including any negative Daily
Adjustments, may significantly reduce the benefit
as indicated in section 1, Financial Adviser Fee
Deduction Example.
• Restrictions on Purchase Payments may limit the
benefit.
• Annuitizing the Contract will end the benefit.
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Standard Benefits (No Additional Charge)
Name of
Benefit
Purpose
Brief Description of
                            Restrictions/Limitations
Performance
Lock and Early
Reallocations
Allows you to capture the current Index Option Value
during the Term for an Index Option. Can help
eliminate doubt about future Index performance and
possibly limit the impact of negative performance.
Can allow you to transfer out of an Index Option
before the Term End Date.
A Performance Lock example is included in section
4, Valuing Your Contract — Performance Locks and
Early Reallocations.
• Available during the Accumulation Phase.
• Performance Locks must be executed before the
Term End Date.
• If a Performance Lock is executed, the locked
Index Option will no longer participate in Index
performance (positive or negative) for the
remainder of the Term, and will not receive a
Performance Credit on the Term End Date.
• You will not know your locked Index Option Value
in advance.
• The locked Index Option Value will reflect a Daily
Adjustment.
• If a Performance Lock is executed when Daily
Adjustment has declined, it will lock in any loss.
• A Performance Lock can be executed only once
each Term for each Index Option.
• Cannot execute a Performance Lock for only a
portion of the Index Option Value.
• Early Reallocation requests are not accepted
within 14 calendar days before an Index
Anniversary and are limited to two Early
Reallocation requests each Index Year.
• Deductions (e.g. withdrawals, fees) decrease the
locked Index Option Value.
• Cannot transfer Index Option Value until the Term
End Date unless you execute a Performance Lock.
• We will not provide advice or notify you
regarding whether you should execute a
Performance Lock or Early Reallocation or the
optimal time for doing so.
• We will not warn you if you execute a
Performance Lock or Early Reallocation at a
sub-optimal time.
• We are not responsible for any losses related
to your decision whether or not to execute a
Performance Lock or Early Reallocation.
Optional
Benefits
Name of
Benefit
Purpose
Maximum
Fee
Brief Description of
                            Restrictions/Limitations
Maximum
Anniversary
Value Death
Benefit
Provides a death benefit equal to the greater of
the Contract Value, or Guaranteed Death Benefit
Value. The Guaranteed Death Benefit Value is
the Maximum Anniversary Value.
An example of the death benefit provided by the
Maximum Anniversary Value Death Benefit, and
calculation of the Maximum Anniversary Value is
included in section 10, Death Benefit.
An example of how deduction of financial adviser
fees impact the death benefit is included in
section 1.
0.20%
(as a
percentage of
the Charge
Base)
• Must be age 75 or younger to elect.
• Can only be added to a Contract at issue.
• Replaces the Traditional Death Benefit if
elected.
• Benefit cannot be removed from the Contract.
• Only available during the Accumulation Phase.
• Withdrawals, including any negative Daily
Adjustment, may significantly reduce the
benefit as indicated in section 1, Financial
Adviser Fee Deduction Example.
• Withdrawals reduce the likelihood of lock in.
• Restrictions on Purchase Payments may limit
the benefit.
• Annuitizing the Contract will end the benefit.
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10.
Death Benefit
"You" in this section refers to the Owner, or the Annuitant if the Contract is owned by a non-individual.
The Contract provides the Traditional Death Benefit, the standard death benefit, for no additional charge. If available, you can
                instead select the optional Maximum Anniversary Value Death Benefit at Contract issue for an additional rider fee if all Owners and the Annuitant are age 75 or younger. The Maximum Anniversary Value Death Benefit can only be added to a
                Contract at issue.
The Maximum Anniversary Value Death Benefit cannot be less than the Traditional Death Benefit, but they may be equal. Please discuss
                this benefit's appropriateness with your Financial Professional.
The death benefit is the greater of the Contract Value, or Guaranteed Death Benefit Value. The Guaranteed
                Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take (including any withdrawal charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum
                Anniversary Value Death Benefit.
The death benefit is only available during the Accumulation Phase.
If you or the Determining Life (Lives) die during the Accumulation Phase, we process the death benefit using prices determined after we receive the required information, which is either a Valid Claim or due
                proof of death as stated here. (For information on due proof of death see the Glossary – Valid Claim). If we receive this information at or after the end of the current Business Day, we use the next Business Day's prices.
If there are multiple Beneficiaries, each Beneficiary receives the portion of the death benefit he or she is entitled to when we
                receive his or her Valid Claim. If a Beneficiary dies before you or the Designated Life, that Beneficiary's interest in this Contract ends unless your Beneficiary designation specifies otherwise. If there are no remaining Beneficiaries, or
                no named Beneficiaries, we pay the death benefit to your estate, or if the Owner is a non-individual, to the Owner. Unless you instruct us to pay Beneficiaries a specific percentage of the death benefit, each Beneficiary receives an equal
                share.
Each Beneficiary's portion of the death benefit remains in the Index Options based on the allocation instructions that were in
                effect on the date of death until we receive his or her Valid Claim and we either pay the claim or the Beneficiary provides alternate allocation instructions. If there is Variable Account Value in the AZL Government Money Market Fund on the
                date of death, it remains there until the next Index Anniversary. However, if before the next Index Anniversary we receive a Valid Claim and death benefit payment Option A, or Annuity Payments under death benefit payment Option C is
                selected, we transfer the Variable Account Value on the date we receive the Valid Claim. If an Index Anniversary occurs before we receive a Valid Claim, we will transfer that Beneficiary's portion of the Variable Account Value to the Index
                Options based on the allocation instructions that were in effect on the date of death.
From the time we determine the death benefit until we make a complete distribution, any amount in the Index Options and the AZL
                Government Money Market Fund continues to be subject to investment risk that is borne by the recipient(s). Once we receive notification of death, we may no longer accept or process transfer requests. After we receive the first Valid Claim
                from any Beneficiary we also will not accept additional Purchase Payments or allow any partial or full withdrawals unless the withdrawal is required to comply with federal tax law.
On the first death of a Determining Life during the Accumulation Phase, if your selected death benefit is in effect your
                Beneficiary(s) will receive the greater of the Contract Value or Guaranteed Death Benefit Value. The Guaranteed Death Benefit Value is either total Purchase Payments reduced proportionately for withdrawals you take (including any withdrawal
                charge) if you select the Traditional Death Benefit, or the Maximum Anniversary Value if you select the Maximum Anniversary Value Death Benefit. For example, assume total Purchase Payments are $90,000, you take no withdrawals, the highest
                Contract Value on any Index Anniversary (the Maximum Anniversary Value) is $105,000, and the current Contract Value is $100,000. The death benefit for the Traditional Death Benefit is the $100,000 Contract Value, and for the Maximum
                Anniversary Value Death Benefit it is the $105,000 Maximum Anniversary Value.
If the date we are determining the death benefit is not the Term End Date, the Contract Value reflects the Daily Adjustment.
                Withdrawals you take reduce your Guaranteed Death Benefit Value by the percentage of Contract Value withdrawn (including any withdrawal charge), determined at the end of each Business Day.
All withdrawals you take reduce the Guaranteed Death Benefit Value and Contract Value, even Penalty-Free Withdrawals, and financial adviser fees that you choose to have us pay from
                this Contract.
However, we do not reduce the Guaranteed Death Benefit Value for deductions we make for Contract fees and expenses.
Deductions for Contract fees and expenses will, however, decrease the Contract Value by the dollar amount withdrawn and reduce the likelihood of receiving increases to
                the
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Maximum Anniversary Value
.
In addition, because the death benefit is the greater of Contract Value, or the Guaranteed Death Benefit Value, deductions we make for Contract
                fees and expenses may reduce the death benefit available to your Beneficiaries.
Examples of the impact of withdrawals for financial adviser fees that you choose to have us pay from this Contract on the death
                benefit are included in section 1.
Maximum Anniversary Value
The Maximum Anniversary Value is initially equal to the Purchase Payment received on the Issue Date. At the end of each Business
                Day, we adjust the Maximum Anniversary Value as follows.
•
We increase it by the dollar amount of any additional Purchase Payments.
•
We reduce it by the percentage of any Contract Value you withdraw (including any withdrawal
                    charge).
If the Index Effective Date occurs after the Issue Date, the Maximum Anniversary Value on the Index Effective Date is calculated in
                the same way as on an Index Anniversary.
On each Index Anniversary before the end date (or on the next Business Day if the Index Anniversary is not on a Business Day) the
                Maximum Anniversary Value is equal to the greater of:
•
its current value after processing any additional Purchase Payments, or withdrawals you take
                    (including any withdrawal charge), or
•
the Contract Value determined at the end of the Business Day after we process all daily
                    transactions including Performance Credits, any additional Purchase Payments, withdrawals you take including any withdrawal charges, and deductions we make for other Contract fees and expenses. Contract Value reflects the Daily
                    Adjustment for an Index Option for which this anniversary is not a Term End Date.
Negative Index Option performance, withdrawals
                    you take, and deductions we make for Contract fees or expenses decrease the Contract Value and reduce the likelihood of receiving increases to the Maximum Anniversary Value.
On and after the end date, we no longer make this comparison and we no longer capture any annual investment gains in the Maximum
                Anniversary Value.
The end date occurs on the earliest of:
•
the older Determining Life's 91st birthday, or
•
the end of the Business Day we receive the first Valid Claim from any one Beneficiary.
Example
Contract
Value
Maximum Anniversary Value
Issue Date
$ 100,000
$ 100,000
1
st
Index Anniversary
$ 110,000
$ 110,000
2
nd
Index Anniversary
$ 95,000
$ 110,000
3
rd
Index Anniversary
$ 105,000
$ 110,000
4
th
Index Anniversary
$ 120,000
$ 120,000
•
On the Issue Date the Maximum Anniversary Value is equal to the initial Purchase Payment of
                    $100,000.
•
On the 1st Index Anniversary the Contract Value is greater than the Maximum Anniversary Value, so
                    the Maximum Anniversary Value increases to equal the Contract Value of $110,000.
•
On the 2nd and 3rd Index Anniversaries the Contract Value is less than the Maximum Anniversary
                    Value, so we neither increase nor decrease the Maximum Anniversary Value. The Maximum Anniversary Value will stay at $110,000 until the Contract Value on an Index Anniversary is greater than this amount or you make an additional
                    Purchase Payment (either of which will increase the Maximum Anniversary Value), or you take a withdrawal (which will decrease the Maximum Anniversary Value).
•
On the 4th Index Anniversary the Contract Value is greater than the Maximum Anniversary Value, so
                    the Maximum Anniversary Value increases to equal the Contract Value of $120,000.
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What Happens Upon Death?
If you are the Determining Life, or if you and the Determining Life (Lives) are different individuals and die within 120 hours of
                each other, we determine the Guaranteed Death Benefit Value at the end of the Business Day we receive a Valid Claim. For multiple Beneficiaries, each surviving Beneficiary receives the greater of their portion of the:
•
Guaranteed Death Benefit Value determined at the end of the Business Day we receive the first
                    Valid Claim from any one Beneficiary, or
•
Contract Value determined at the end of the Business Day during which we receive his or her Valid
                    Claim.
If you and the Determining Life (Lives) are different individuals and do not die within 120 hours of each other, the death benefit is
                as follows.
This can only occur if you change the Owner after the Issue Date.
•
If a Determining Life dies before you, we do not pay a death benefit to the
                    Beneficiary(s) but we may increase the Contract Value if the Traditional Death Benefit or Maximum Anniversary Value Death Benefit are still in effect
. At the end of the
                    Business Day we receive due proof of a Determining Life's death we increase the Contract Value to equal the Guaranteed Death Benefit Value if greater,
and your selected death benefit ends
. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index
                    Anniversary we transfer the Variable Account Value to the Index Options according to your allocation instructions.
•
Upon your death your Beneficiary(s) receive the Contract Value determined at the end of the
                    Business Day during which we receive each Beneficiary's Valid Claim.
The Traditional Death Benefit and Maximum Anniversary Value Death Benefit end upon the earliest of the following.
•
The Business Day before the Annuity Date.
•
The Business Day that the Guaranteed Death Benefit Value and Contract Value are both zero.
•
Upon the death of a Determining Life, the end of the Business Day we receive a Valid Claim from
                    all Beneficiaries if you and the Determining Life are the same individuals, or if you and the Determining Life (Lives) are different individuals and die within 120 hours of each other.
•
Upon the death of a Determining Life, the end of the Business Day we receive due proof of the
                    Determining Life's death if you and the Determining Life (Lives) are different individuals and do not die within 120 hours of each other.
•
Upon the death of an Owner (or Annuitant if the Owner is a non-individual), the end of the
                    Business Day we receive the first Valid Claim from any one Beneficiary, if the Owner (or Annuitant) is no longer a Determining Life.
•
The Business Day the Contract ends.
We base the Guaranteed Death Benefit Value on the first death of a
                            Determining Life (or Lives). This means that upon
the death of an Owner (or Annuitant if the Owner is a non-individual),
if a surviving spouse continues the Contract:
•
the Guaranteed Death Benefit Value is no longer available, and
•
if you selected the Maximum Anniversary Value Death Benefit, we no longer assess its 0.20% rider fee.
Also, if you and the Determining
                            Life (Lives) are different individuals and you die first, the Guaranteed Death Benefit
Value is not available to your
                            Beneficiary(s).
Death of the Owner and/or Annuitant
The Appendix A to the Form N-4 SAI includes tables that are intended to help you better understand what happens upon the death of any
                Owner and/or Annuitant under the different portions of the Contract.
Death Benefit Payment Options During the Accumulation Phase
Each Beneficiary must select one of the death benefit payment options listed below.
If a Beneficiary requests a lump sum payment under Option A, we pay that Beneficiary within seven days of receipt of his or her Valid
                Claim, unless the suspension of payments or transfers provision is in effect. Payment of the death benefit may be delayed, pending receipt of any state forms.
Spousal Continuation:
If the Beneficiary is the
                deceased Owner's spouse, he or she can choose to continue the Contract with the portion of the death benefit the spouse is entitled to in his or her own name. However, spousal continuation is not available if this is an Inherited IRA, or
                Inherited Roth IRA. For an IRA, Roth IRA, or SEP IRA Contract, spousal continuation can only occur if the surviving spouse is the Contract's sole primary Beneficiary. For Qualified Contracts purchased through a qualified plan and
                non-individually owned Contracts, spousal continuation is only available to
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Qualified Contracts through a direct rollover to an IRA.
Spouses

                must qualify as such under federal law to continue the Contract.
Individuals who have entered into a registered domestic partnership, civil union, or other similar
                relationship that is not considered to be a marriage under state law are also not considered to be married under federal law. An election by the spouse to continue the Contract must be made on the death claim form before we pay the death
                benefit. If the deceased Owner was a Determining Life and the surviving spouse Beneficiary continues the Contract, at the end of the Business Day we receive his or her Valid Claim we increase the Contract Value to equal the Guaranteed Death
                Benefit Value if greater and available, and your selected death benefit ends. We allocate any Contract Value increase to the AZL Government Money Market Fund. Then on the next Index Anniversary we transfer it to the Index Options according
                to allocation instructions. If the surviving spouse continues the Contract:
•
he or she becomes the new Owner and may exercise all of the Owner's rights, including naming a new
                    Beneficiary or Beneficiaries;
•
he or she is subject to any remaining withdrawal charge; and
•
upon the surviving spouse's death their Beneficiary(s) receive the Contract Value determined at
                    the end of the Business Day during which we receive a Valid Claim from each Beneficiary.
Death Benefit Payment Options
The following applies to Non-Qualified Contracts. Different rules may apply to Qualified Contracts. For more information, please
                see section 11, Taxes – Distributions Upon the Owner's Death (or Annuitant's Death if the Owner is a Non-Individual).
Option A:
Lump sum payment of the death
                benefit.
Option B:
Payment of the entire death benefit
                within five years of the date of any Owner's death. The Beneficiary can continue to make transfers between Index Options.
Option C:
If the Beneficiary is an
                individual, payment of the death benefit as Annuity Payments under Annuity Options A, B, or C. If you take the death benefit as Annuity Payments we do not require that the Annuity Date occur on an Index Anniversary. With our written consent
                other options may be available for payment over a period not extending beyond the Beneficiary's life expectancy under which the Beneficiary can continue to make transfers between Index Options.
Distribution from Non-Qualified Contracts under Option C must begin within one year of the date of the Owner's death. Any portion
                of the death benefit from Non-Qualified Contracts not applied to Annuity Payments within one year of the date of the Owner's death must be distributed within five years of the date of death.
If a Non-Qualified Contract is owned by a non-individual, then we treat the death of an Annuitant as the death of an Owner for
                purposes of the Code's distribution at death rules, which are set forth in Section 72(s) of the Code.
In all events, notwithstanding any provision to the contrary in the Contract or this prospectus, a Non-Qualified Contract is
                interpreted and administered in accordance with Section 72(s) of the Code.
11.
Taxes
This section provides a summary explanation of the tax ramifications of purchasing a Contract.
We do not provide individual tax advice. You should contact your tax adviser to discuss this Contract's effects on your personal tax situation.
Annuity Contracts in General
Annuity contracts are a means of setting aside money for future needs – usually retirement. Congress recognized the importance of
                saving for retirement and provided special rules in the Code for annuities.
There are different rules regarding how you will be taxed, depending upon how you take the money out and whether the annuity is
                Qualified or Non-Qualified. Generally, any taxable distribution is subject to income taxes at ordinary income tax rates (instead of capital gains rates).
You can purchase either a Qualified Contract or a Non-Qualified Contract.  If you do not purchase one of the various types of
                Qualified Contracts described in this section, the Contract is referred to as a Non-Qualified Contract.
This prospectus does not address specific state tax laws. You should discuss state taxation with your tax adviser.
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Qualified Contracts
If you purchase the Contract as an IRA, Roth IRA, SEP IRA, Inherited IRA, Inherited Roth IRA, or to fund a qualified retirement
                plan, the Contract is referred to as a Qualified Contract. Qualified Contracts are subject to certain restrictions under the Code, including restrictions on the amount of annual contributions, restrictions on how much you can earn and still
                be able to contribute to a Qualified Contract, and specialized restrictions on withdrawals. Qualified Contracts must be purchased from earned income from the relevant year or years, or from a rollover or transfer from a qualified contract.
                An IRA to IRA indirect rollover can occur only once in any twelve-month period from all of the IRAs you currently own. Adverse tax consequences may result if contributions, distributions, and transactions in connection with the Qualified
                Contract do not comply with the law.
A Qualified Contract funded by an annuity does not provide any additional tax deferral. However, the Contract has features and
                benefits other than tax deferral that may make it appropriate for an IRA or qualified retirement plan. You should consult your tax adviser regarding these features and benefits before purchasing a Qualified Contract.
We may issue the following types of Qualified Contracts to an individual. Purchasers of a Contract for use with IRAs have the right
                to revoke their purchase within seven days of the earliest of the establishment of the IRA, or their purchase.
•
IRA (traditional IRA).
Section 408 of the Code permits eligible individuals to fund IRAs. IRA contributions are limited each year to the lesser of a dollar amount specified in the Code or 100% of the amount of earned income included in the
                    Owner's income. Contributions may be tax deductible based on the Owner's income. Contributions must be made in cash. The limit on the amount contributed to an IRA does not apply to distributions from certain other types of IRAs or
                    qualified retirement plans that are transferred or rolled over on a tax-deferred basis into an IRA.
•
Roth IRA.
Section 408A of the Code permits certain eligible individuals to contribute to a Roth IRA. Contributions to a Roth IRA are limited each year to the lesser of a dollar amount specified in the Code or 100% of the amount of earned
                    income included in the Owner's income. Contributions are also limited or prohibited if the Owner's income is above certain limits. Contributions must be made in cash. The limit on the amount contributed to a Roth IRA does not apply to
                    distributions from certain other types of IRAs or qualified retirement plans that are transferred or rolled over (conversion) into a Roth IRA.
Conversions to a Roth IRA from an IRA or other eligible qualified retirement plan are permitted regardless of an
                individual's income. A conversion to a Roth IRA results in a taxable event, but not a 10% additional federal tax for early withdrawal if certain qualifications are met (please consult your tax adviser for more details).
•
SEP IRA
. Employers may establish SEP IRAs under Code Section 408(k) to provide IRA contributions on behalf of their employees. In addition to all of the general rules governing IRAs, such plans are subject to additional requirements
                    and different contribution limits.
•
Inherited IRA and Inherited Roth IRA.
The Code permits beneficiaries of investments that were issued under qualified retirement plans or IRAs to directly transfer the death benefit from that investment into a variable annuity
                    contract (Inherited IRA or Inherited Roth IRA). If you purchase this Contract as a transfer from another carrier, you will become the Owner of the new Inherited IRA or Inherited Roth IRA Contract. The ownership of this Contract will
                    also reflect the name of the deceased previous owner. Once an Inherited IRA or Inherited Roth IRA is established, no further Purchase Payments can be made. We may choose not to allow this Contact to be purchased as an Inherited IRA or
                    Inherited Roth IRA.
We may issue the following type of Qualified Contract to a qualified retirement plan.
•
Qualified Retirement Plans: Pension and Profit-Sharing Plans.
A qualified plan is a retirement or pension plan that meets the requirements for tax qualification under the Code. Sections 401(a) and 401(k) of the Code permit employers, including
                    self-employed individuals, to establish various types of retirement plans for employees. These retirement plans may permit the purchase of the Contracts to provide benefits under the plan. Contributions to the plan for the benefit of
                    employees are not included in the gross income of the employee until distributed from the plan. The tax consequences to participants may vary, depending upon the particular plan design. Participant loans are not allowed under the
                    Contracts purchased in connection with these plans.
If the Contract is purchased for a qualified plan under Section 401 of the Code, the plan is both the Owner and
                the Beneficiary. The authorized signatory, plan administrator, or plan trustee for the plan must make representations to us that the plan is qualified under the Code on the Issue Date and is intended to continue to be qualified for the
                entire Accumulation Phase of the Contract, or as long as the qualified plan owns the Contract. The qualified plan may designate a third party administrator to act on its behalf. All tax reporting is the responsibility of the plan. In the
                event
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the qualified plan instructs us to roll the plan assets into an IRA for the Annuitant under this Contract, we change the
                qualification type of the Contract to an IRA and make the Annuitant the Owner. The qualified plan is responsible for any reporting required for the rollover transactions out of the plan. We are responsible for any reporting required for the
                Contract as an IRA.
Purchasers of Contracts for use with pension or profit-sharing plans should obtain competent tax advice as to
                the tax treatment and suitability of holding an annuity within a plan.  Because of the minimum Purchase Payment requirements, these Contracts may not be appropriate for some retirement plans that are funded on a periodic basis. Owners,
                Annuitants and Beneficiaries are cautioned that benefits under a Qualified Contract may be subject to the terms and conditions of the plan regardless of the terms and conditions of the Contracts issued pursuant to the plan. Some retirement
                plans are subject to distribution and other requirements that are not incorporated into our administrative procedures. We are not bound by the terms and conditions of such plans to the extent such terms conflict with the terms of a
                Contract, unless we specifically consent to be bound. Owners, participants, and Beneficiaries are responsible for determining that contributions, distributions and other transactions with respect to the Contracts comply with applicable law.
                We may choose not to allow pension or profit-sharing plans to purchase this Contract.
Summary of Individuals and Entities That Can Own a Qualified Contract
Currently, we offer the following types of Qualified Contracts.
Type of Contract
Persons and Entities that can own the Contract
IRA
Must have the same individual as Owner and Annuitant.
Roth IRA
Must have the same individual as Owner and Annuitant.
SEP IRA
Must have the same individual as Owner and Annuitant.
Certain Code Section 401 Plans
A qualified retirement plan is the Owner and the Annuitant must be an individual who is a
participant in the plan. If the qualified retirement plan is a defined benefit plan, the
                            individual
must be the only participant in the plan.
We may determine which types of qualified retirement plans are eligible to purchase this
Contract.
Inherited IRA and Inherited Roth IRA
Must have the same individual as Owner and Annuitant. The deceased owner of the
previously held tax-qualified arrangement will also be listed in the titling of the Contract.
Non-Qualified Contracts
You can instead purchase a Non-Qualified Contract, which is not qualified pursuant to a specialized provision of the Code.  There
                are no Code restrictions on annual contributions to a Non-Qualified Contract or how much you can earn and still contribute to a Contract.
Non-Qualified Contracts Owned by Non-Individuals
When a Non-Qualified Contract is owned by a non-individual (other than a trust holding the Contract as an agent for an individual),
                the Contract is not generally treated as an annuity for tax purposes. This means that the Contract may not receive the benefits of tax deferral and any Contract earnings may be taxable every year.
Taxation of Withdrawals
When you take money out of a Contract, we may deduct premium tax that we pay on your Contract. This tax varies from 0% to 3.5%,
                depending on your state. Currently, we pay this tax and do not pass it on to you.
Section 72 of the Code governs taxation of annuities in general. An Owner is generally not taxed on increases in the value of a
                Contract until a distribution occurs, either in the form of withdrawals or as Annuity Payments.
For a full withdrawal (total redemption), a partial withdrawal, or a death benefit, the recipient is taxed on the portion of the
                payment that exceeds your investment in the Contract (often referred to as cost basis). For Non-Qualified Contracts, this cost basis is generally the Purchase Payments, while for Qualified Contracts there is generally no cost basis, which
                means the withdrawal is fully taxable, except for qualified distributions from Roth IRAs and IRAs where you have separately tracked and reported any after-tax contributions that you have made.
For Non-Qualified Contracts, the taxable portion of a partial withdrawal is the portion of the payment considered to be gain in the
                Contract (for example, the difference, if any, between the Contract Value immediately before the withdrawal,
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unreduced by any withdrawal charges, and the Contract's cost basis). The withdrawals are generally taxed as though you were paid taxable earnings
                first, and then as a non-taxable return of Purchase Payments.
Distributions from a Roth IRA generally are not subject to income tax if the Roth IRA has been held for five years (starting with the
                year in which the first contribution is made to any Roth IRA) and the Owner satisfies a triggering event such as attaining age 59
1
∕
2
, death, disability or a first time
                homebuyer (subject to a $10,000 lifetime limit).
Distribution before satisfying the five year period or triggering event requirement may subject the distribution to taxation. Please
                be aware that each Roth IRA conversion has its own five year holding period requirement for purposes of determining if the 10% additional federal tax described below applies.
10% Additional Federal Tax
Withdrawals (whether partial or full) and Annuity Payments taken before age 59
1
∕
2
are subject to a 10% additional federal tax unless an exception applies. The exceptions are different for Qualified Contracts and Non-Qualified Contracts, and are also different for IRAs and qualified plans.
                If the Contract is jointly owned, we send each Joint Owner a check for half of the withdrawal amount and we tax report that Joint Owner individually.
Tax reporting each Joint Owner individually can create a discrepancy in taxation if only one Joint Owner is under age 59
1
∕
2
because that Joint Owner may
be subject to the 10% additional federal tax.
Exceptions to the 10% Additional Federal Tax for Qualified Contracts
1)
distributions made on or after the date you (or the Annuitant as applicable) reach age 59
1
∕
2
;
2)
distributions following your death or disability (or the Annuitant as applicable) (for this
                    purpose disability is as defined in Section 72(m)(7) of the Code);
3)
distributions paid in a series of substantially equal payments made annually (or more frequently)
                    for your life (or life expectancy) or joint lives of you and your designated Beneficiary;
4)
distributions made to you after separation from service after reaching age 55 (does not apply to
                    IRAs);
5)
distributions made to you to the extent such distributions do not exceed the amount allowed as a
                    deduction under Code Section 213 for amounts paid during the tax year for medical care;
6)
distributions made on account of an IRS levy upon the Qualified Contract;
7)
distributions from an IRA for the purchase of medical insurance (as described in Section
                    213(d)(1)(D) of the Code) for you and your spouse and dependents if you have received unemployment compensation for at least 12 weeks (this exception will no longer apply after you have been re-employed for at least 60 days);
8)
distributions from an IRA made to you, to the extent such distributions do not exceed your
                    qualified higher education expenses (as defined in Section 72(t)(7) of the Code) for the tax year;
9)
distributions from an IRA which are qualified first-time homebuyer distributions (as defined in
                    Section 72(t)(8) of the Code);
10)
distributions made to an alternate Payee pursuant to a qualified domestic relations order (does
                    not apply to an IRA);
11)
distributions made to a reservist called to active duty after September 11, 2001, for a period in
                    excess of 179 days (or for an indefinite period), from IRAs or amounts attributable to elective deferrals under a 401(k) plan made during such active period;
12)
distributions made during the payment period starting on the birth of a child or the finalization
                    of an adoption (up to $5,000);
13)
distributions that are qualified disaster recovery distributions;
14)
distributions due to having a terminal illness;
15)
distributions that are emergency personal expense distributions up to $1,000 after December 31,
                    2023; and
16)
distributions that are eligible distributions as a domestic abuse victim, not to exceed the
                    lesser of $10,000 or 50% of the IRA or qualified plan vested benefit value, after December 31, 2023.
With respect to (12) through (16) above, a qualified birth or adoption distribution, a qualified disaster recovery distribution, a
                terminal illness distribution, an emergency personal expense distribution and an eligible distribution as a domestic abuse victim may each be repaid any time within the 3-year period from the date the distribution was received in one or
                more contributions into an IRA or qualified retirement plan (if you are eligible to make a contribution to the qualified retirement plan). The repayment contribution will be treated as a rollover into the IRA or qualified retirement plan.
With respect to (3) above, if the series of substantially equal periodic payments is modified before the later of the Annuitant
                attaining age 59
1
∕
2
or the close of the five year period that began on the date the first payment was received, then
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the tax for the year of the modification is increased by the 10% additional federal tax, plus interest for the tax years in which the exception was
                used. A partial withdrawal, or prior to January 1, 2024, a partial transfer, or partial rollover taken after a series of substantially equal periodic payments has begun will result in the modification of the series of substantially equal
                payments and therefore will result in the imposition of the 10% additional federal tax and interest for the period as described above. You should obtain competent tax advice before you take any partial withdrawals from your Contract. Adding
                Purchase Payments to a Contract that is making substantially equal periodic payments will also result in a modification of the payments.
For 2020 only, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, permitted corona-virus related distributions from
                Qualified Contracts and IRAs up to an aggregate amount of $100,000. This type of distribution was an exception to the 10% additional federal tax. To qualify for the distribution, generally you, your spouse, or dependent had to have been
                diagnosed with the virus, or you had to have been affected economically in certain ways because of the virus. The tax associated with the distributions may be paid ratably over three years, beginning with the 2020 tax year. The CARES Act
                also allows you to recontribute the amount you withdrew to an eligible retirement plan (to which you can make a rollover contribution) in one or more payments within three years.
Exceptions to the 10% Additional Federal Tax for Non-Qualified Contracts
1)
paid on or after you reach age 59
1
∕
2
;
2)
paid after you die;
3)
paid if you become totally disabled (as that term is defined in Section 72(m)(7) of the Code);
4)
paid in a series of substantially equal payments made annually (or more frequently) for your life
                    (or life expectancy) or joint lives of you and your designated Beneficiary;
5)
paid as annuity payments under an immediate annuity; or
6)
that come from Purchase Payments made before August 14, 1982.
With respect to (4) above, if the series of substantially equal periodic payments is modified before the later of your attaining age
                59
1
∕
2
or the close of the five year period that began on the date the first payment was received, then the tax for the year of the modification is
                increased by the 10% additional federal tax, plus interest, for the tax years in which the exception was used. A partial withdrawal or prior to January 1, 2024, a partial 1035 exchange taken after a series of substantially equal periodic
                payments has begun will result in the modification of the series of substantially equal payments and therefore will result in the imposition of the 10% additional federal tax and interest for the period as described above. Adding Purchase
                Payments to a Contract that is making substantially equal periodic payments will also result in a modification of the payments.
Non-Qualified Annuity Medicare Tax
Distributions from Non-Qualified Contracts are considered investment income for purposes of the Medicare tax on investment income.
                Thus, in certain circumstances, a 3.8% tax may apply to some or all of the taxable portion of distributions (e.g. earnings) to individuals whose income exceeds certain threshold amounts ($200,000 for filing single, $250,000 for married
                filing jointly and $125,000 for married filing separately.) This tax does not apply to distributions from Qualified Contracts. Please consult a tax adviser for more information.
Payments for Financial Adviser Fees
Any financial adviser fees that you choose to have us pay from this Contract to your Financial Professional or Financial
                Professional's firm may result in a taxable distribution.
Please consult with your Financial Professional before requesting us to pay
                financial adviser fees from this Contract rather than from other assets you may have.
RMDs From Qualified Contracts
Distributions from a Qualified Contract must commence no later than the required beginning date. For Roth IRAs, no distributions are
                required during the Owner's lifetime. For IRAs other than Roth IRAs, the required beginning date is April 1 of the calendar year following the year in which you attain age 73. If you reached age 70
1
∕
2
on or before December 31, 2019, then age 70
1
∕
2
applies instead of age 73. If you reached age 72 on or before December 31, 2022, then age 72 applies instead of age 73. If you reach age 74 after December 31, 2032, then age 75 applies instead of age 73.
                Under a qualified plan or 403(b), the required beginning date is generally April 1 of the calendar year following the later of the calendar year in which you reach the age noted for IRAs above or retire.
Generally, RMDs must be made over a period not exceeding the life or life expectancy of the individual or the joint lives or life
                expectancies of the individual and his or her designated Beneficiary. If the RMDs are not made, a 25% excise tax is
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imposed as to the amount not distributed. If you are attempting to satisfy these rules through partial withdrawals, the present value of future
                benefits provided under the Contract may need to be included in calculating the amount required to be distributed. If you enroll in our minimum distribution program, we make RMD payments to you that are designed to meet this Contract's RMD
                requirements.
Diversification
Code Section 817(h) and accompanying Treasury Department Regulations imposes diversification standards on the assets underlying
                variable annuity contracts. The Code provides that a variable annuity contract cannot be treated as an annuity contract for any period during which its investments are not adequately diversified as required by the United States Treasury
                Department. If the Contract no longer qualifies as an annuity contract, you would be subject to federal income tax each year with respect to Contract earnings accrued. We intend to manage all available Index Options, and we intend that all
                available variable investment options be managed by the investment advisers so that they comply with these diversification standards.
Owner Control
The Treasury Department has indicated that the diversification regulations do not provide guidance regarding the circumstances in
                which an Owner's control of the Separate Account's investments may cause the Owner to be treated as the owner of the Separate Account's assets, which would cause the Contract to lose its favorable tax treatment. In certain circumstances,
                variable annuity contract owners have been considered for federal income tax purposes to be the owners of the separate account's assets, due to their ability to exercise investment control over those assets. In this case, the contract
                owners have been currently taxed on income and gains attributable to the variable account assets. There is little guidance in this area and some of our Contract's features, such as the flexibility of an Owner to allocate Purchase Payments
                and transfer amounts among any available variable investment options, have not been explicitly addressed in published rulings. While we believe that the Contracts do not give Owners investment control over Separate Account assets, we
                reserve the right to modify the Contracts as necessary to prevent an Owner from being treated as the owner of the Separate Account assets.
Taxation of Annuity Payments
For Annuity Payments from Non-Qualified Contracts, the portion of each payment included in income is determined by an exclusion
                ratio. The exclusion ratio is a calculation that causes a portion of each Annuity Payment to be non-taxable, based upon the percentage of your Contract Value that is from Purchase Payments. We determine the exclusion ratio for Annuity
                Payments by dividing the investment in the Contract (adjusted for any guaranteed period or refund guarantee) by the expected return anticipated to be paid as Annuity Payments (which is determined by Treasury Regulations). We determine the
                amount of each Annuity Payment that is excluded from income by multiplying the Annuity Payment by the exclusion ratio. Annuity Payments received after the investment in the Contract has been recovered (for example, when the total of the
                amounts excluded from income equal the investment in the Contract) are fully taxable.
Generally, Annuity Payments from Qualified Contracts are fully taxable unless you have separately tracked and reported any after-tax
                contributions that you have made. Annuity Payments that are qualified distributions from Roth IRAs are federal income tax free. Owners, Annuitants and Beneficiaries under the Contracts should seek competent financial advice about the tax
                consequences of any distributions.
Distributions Upon the Owner's Death (or Annuitant's Death If the Owner Is a
                Non-individual)
Section 72(s) of the Code requires that, to be treated as an annuity contract for federal income tax purposes, a Non-Qualified
                Contract must contain certain provisions regarding distributions when an Owner dies. Specifically, Section 72(s) requires that: (a) if an Annuitant dies on or after you annuitize the Contract, but before distribution of the entire
                Contract's interest, the entire Contract's interest must be distributed at least as rapidly as under the distribution method being used as of the Annuitant's date of death; and (b) if any Owner (or the Annuitant if the Owner is a
                non-individual) dies before you annuitize the Contract, the Contract's entire interest must be distributed within five years after the Owner's date of death.
These requirements are satisfied as to any part of an Owner's interest that is payable to, or for the benefit of, a designated
                Beneficiary and distributed over the designated Beneficiary's life, or over a period not extending beyond that Beneficiary's life expectancy, provided that distributions begin within one year of the Owner's death. The designated Beneficiary
                refers to an individual designated by the Owner as a Beneficiary and to whom ownership of the Contract passes by reason of death.
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However, if the designated Beneficiary is the deceased Owner's surviving spouse, the surviving spouse can continue the Contract as the new Owner. If a
                couple is married in a jurisdiction (including a foreign country) that recognizes same-sex marriage, that marriage will be recognized for all federal tax purposes regardless of the law in the jurisdiction where they reside. However, the IRS
                did not recognize civil unions and registered domestic partnerships as marriages for federal tax purposes. Depending on the state in which your Contract is issued, we may offer certain spousal benefits to same-sex civil union couples,
                domestic partners or spouses. You should be aware, however, that, if state law does not recognize the civil union or registered domestic partnership as a marriage, we cannot permit the surviving partner/spouse to continue the Contract
                within the meaning of the federal tax law.
Same-sex civil union couples, domestic partners and spouses should contact their financial professional and a qualified tax adviser
                regarding their personal tax situation, the implications of any Contract benefits based on a spousal relationship, and their partner's/spouse's rights and benefits under the Contract.
Non-Qualified Contracts contain provisions that are intended to comply with these Code requirements.
Upon death of an Owner of a Qualified Contract, the Setting Every Community Up for Retirement (SECURE) Act (contained within the
                Further Consolidated Appropriations Act enacted December 20, 2019) made significant changes to the payment options available to Beneficiaries of Owners who die on or after January 1, 2020. The rules discussed below reference IRA Contracts,
                but similar rules also apply to qualified retirement plans. With some exceptions, IRA Beneficiaries must receive their entire death benefit by December 31 following the tenth anniversary of the IRA Owner's death.
The payment options for IRA Beneficiaries differ depending on several factors, including whether a Beneficiary is an Eligible
                Designated Beneficiary (EDB). An EDB includes any Beneficiary of the deceased IRA Owner who at time of death is: 1) the surviving spouse, 2) an individual not more than ten years younger than the IRA Owner, 3) a minor child of the IRA
                Owner, 4) a chronically ill individual, or 5) disabled individual. EDB status is determined at the IRA Owner's death.
If you are an EDB, then you can begin RMD payments based on your single life expectancy ("stretch payments") in the year following
                the deceased Owner's death. You must begin to receive these RMD payments by December 31 of the year following the deceased Owner's death (but see the exception for a spouse beneficiary below). If you are an EDB that elected to receive
                payments over your life expectancy, once you die, then your beneficiary must receive their entire death benefit by December 31 following the tenth anniversary of your death. Proposed Treasury regulations would also require your beneficiary
                in certain circumstances to continue stretch payments during this 10-year period.
For a minor child Beneficiary, the payments based on life expectancy may continue only until the minor child reaches the age of
                majority (age 21 or the age specified in Treasury Regulations). The minor child Beneficiary must receive their entire death benefit by December 31 following the tenth anniversary of reaching the age of majority.
If you were the spouse Beneficiary of the deceased Owner's IRA Contract and your spouse had not yet reached the date at which he/she
                was required to begin receiving RMD payments (treating a Roth IRA as a traditional IRA for this purpose only), then you can wait to begin receiving RMD payments until the year that your spouse would have reached age 73 (age 75 if your
                spouse would have reached age 74 after December 31, 2032). Alternatively, if the deceased Owner had already reached the date at which he/she was required to begin receiving RMD payments, you must begin to receive these RMD payments by
                December 31 of the year following the deceased Owner's death.
If you are a designated Beneficiary (generally an individual), but are not an EDB, the entire death benefit must be distributed by
                December 31 after the tenth anniversary of the IRA Owner's death. If you die before the end of the ten-year period and the entire death benefit has not been distributed, your beneficiary must receive the entire death benefit by the same
                date you would have been required to receive the death benefit. Proposed Treasury regulations would require you to receive a RMD each year if the Owner died on or after their required beginning date.
If the Beneficiary of the IRA Contract is a trust, current Treasury Regulations provide "see-through" treatment for trusts that meet
                certain requirements. If such treatment applies, the beneficiaries of the trust, rather than the trust itself will be treated as having been designated as beneficiaries of the IRA Contract for purposes of determining the distribution period
                for RMD payments. Due to the changes made by SECURE, there is uncertainty regarding which distribution options are available when a trust is the Beneficiary of an IRA Contract. Proposed Treasury regulations provide some additional
                information. Further clarification of situations involving trust Beneficiaries is expected to be provided when the Treasury Department finalizes proposed regulations. Individuals are encouraged to seek guidance from their own tax
                professional or legal counsel to determine how these new rules apply to their particular situation.
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If the IRA Beneficiary is not a "designated beneficiary" (e.g., beneficiary is an estate, charity, or a trust that does not meet the requirements for
                "see-through" treatment), then the payment options are unchanged by the SECURE Act. If the IRA Owner had not yet reached the date at which he/she was required to begin receiving RMD payments (treating a Roth IRA as a traditional IRA for
                this purpose only), then these IRA Beneficiaries must receive their entire death benefit by December 31 following the fifth anniversary of the IRA Owner's death. Alternatively, if the deceased Owner had already reached the date at which
                he/she was required to begin receiving RMD payments, these IRA Beneficiaries can begin RMD payments based on the single life expectancy of the Owner in the year of the deceased Owner's death, reduced by one. These Beneficiaries must begin
                to receive these RMD payments by December 31 of the year following the deceased Owner's death.
The SECURE Act impacts situations when the IRA Owner died before January 1, 2020 and the Beneficiary had elected stretch payments.
                In this situation, the stretch payments can continue to the Beneficiary, but once that Beneficiary dies, the successor beneficiary must receive any remaining death benefit by December 31 following the tenth anniversary of the original
                Beneficiary's death. Proposed Treasury regulations would require the successor beneficiary to receive a RMD payment each year.
The SECURE Act may limit the annuitization options that a Beneficiary may elect at the IRA Owner's death to comply with the new death
                benefit payment rules. Also, if an IRA Owner elected an annuitization option and then dies, action may be needed by the Beneficiary if any remaining Annuity Payments do not comply with the new death benefit payment rules for a Beneficiary.
Tax-Free Section 1035 Exchanges
Subject to certain restrictions, you can make a "tax-free" exchange under Section 1035 of the Code for all or a portion of one
                non-qualified annuity contract for another, or all of a life insurance policy for a non-qualified annuity contract. If you perform a partial 1035 exchange, please be aware that no distributions or withdrawals can occur from the old or new
                annuity contract within 180 days of the partial exchange, unless you qualify for an exception to this rule. IRS guidance also provides that certain partial exchanges may not qualify as tax-free exchanges. You should consult a tax adviser to
                discuss the potential tax effects before making a 1035 exchange.
Before making an exchange, you should compare both contracts carefully. Remember that if you exchange a life insurance policy or
                annuity contract for the Contract described in this prospectus:
•
you might have to pay a withdrawal charge on your previous contract,
•
there is a new withdrawal charge period for this Contract,
•
other fees and expenses under this Contract may be higher (or lower),
•
the benefits may be different, and
•
you no longer have access to any benefits from your previous contract.
If the exchange does not qualify for Section 1035 treatment, you also may have to pay federal income tax, including a possible
                additional federal tax, on the exchange. You should not exchange an existing life insurance policy or another annuity contract for this Contract unless you determine the exchange is in your best interest and not just better for the person
                selling you the Contract who generally earns a commission on each sale.
Multiple Non-Qualified Contracts Purchased In the Same Year By the Same Owner
Code Section 72(e)(12) provides that multiple Non-Qualified deferred annuity contracts issued within the same calendar year to the
                same owner by one company or its affiliates are treated as one annuity contract for purposes of determining a distribution's tax consequences. This treatment may result in adverse tax consequences, including more rapid taxation of
                distributions from combined contracts. For purposes of this rule, contracts received in a Section 1035 exchange are considered issued in the year of the exchange. You should consult a tax adviser before requesting a distribution if you
                purchased more than one Non-Qualified Contract in any calendar year period.
Assignments, Pledges and Gratuitous Transfers
Any assignment or pledge (or agreement to assign or pledge) the Contract Value is treated for federal income tax purposes as a full
                withdrawal. The Contract will not qualify for tax deferral while the assignment or pledge is effective. Qualified Contracts generally cannot be assigned, pledged, or transferred to another individual. For Non-Qualified Contracts, the
                Contract's cost basis is increased by the amount includible as income with respect to such amount or portion, though it is not affected by any other aspect of the assignment or pledge (including its release). If an Owner transfers a
                Non-Qualified Contract (an ownership change) without adequate consideration to a person other than their spouse (or to a former spouse
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incident to divorce), the Owner is taxed on the difference between his or her Contract Value and the Contract's cost basis at the time of transfer. In
                such case, the transferee's investment in the Contract is increased to reflect the increase in the transferor's income. An Owner should consult a tax adviser before requesting an assignment, transfer, or pledge.
Income Tax Withholding
Any part of a distribution that is taxable to the Owner or Beneficiary is subject to federal and/or state income tax withholding.
                Generally, we withhold amounts from Annuity Payments at the same rate as wages, and we withhold 10% from non-periodic payments, such as withdrawals. However, in most cases, you may elect not to have taxes withheld or to have withholding
                done at a different rate.
Certain distributions from retirement plans qualified under Code Section 401 that are not directly rolled over to another eligible
                retirement plan or IRA, are subject to a mandatory 20% federal income tax withholding. The 20% withholding requirement generally does not apply to:
•
a series of substantially equal payments made at least annually for the life or life expectancy of
                    the participant or joint and last survivor expectancy of the participant and a designated Beneficiary, or for a specified period of ten years or more; or
•
RMDs; or
•
any part of a distribution not included in gross income (for example, returns of after-tax
                    contributions); or
•
hardship withdrawals.
Plan participants should consult a tax adviser regarding income tax withholding requirements.
Federal Estate Taxes
While no attempt is being made to discuss the Contract's federal estate tax implications, an Owner should keep in mind the annuity
                contract's value payable to a Beneficiary upon the Owner's death is included in the deceased Owner's gross estate. Depending on the annuity contract, the annuity's value included in the gross estate may be the value of the lump sum payment
                payable to the designated Beneficiary, or the actuarial value of the payments to be received by the Beneficiary. Consult an estate planning adviser for more information.
Generation-Skipping Transfer Tax
The Code may impose a "generation-skipping transfer tax" when all or part of an annuity contract is transferred to, or a death
                benefit is paid to, an individual two or more generations younger than the Owner. Regulations may require us to deduct this tax from your Contract, or from any applicable payment, and pay it directly to the IRS.
Foreign Tax Credits
We may benefit from any foreign tax credits attributable to taxes paid by certain funds to foreign jurisdictions to the extent
                permitted under the federal tax law.
Possible Tax Law Changes
Although the likelihood of legislative or regulatory changes is uncertain, there is always the possibility that the Contract's tax
                treatment could change. Consult a tax adviser with respect to legislative or regulatory developments and their effect on the Contract.
We have the right to modify the Contract in response to legislative or regulatory changes that could otherwise diminish the favorable
                tax treatment that annuity owners currently receive. We make no guarantee regarding the tax status of any Contract and do not intend the above discussion as tax advice.
12.
Other Information
The Registered Separate Account
We established Allianz Life Variable Account B (the Separate Account) as a separate account under Minnesota insurance law on May 31,
                1985. The Separate Account is registered with the SEC as a unit investment trust under the Investment Company Act of 1940. The SEC does not supervise our management of the Separate Account.
The Separate Account holds the AZL Government Money Market Fund's shares that have been purchased with Contract assets. We keep the
                Separate Account assets separate from the assets of our general account and other separate accounts, including the non-unitized separate accounts we established in connection with the Index Options. The Separate Account is
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divided into subaccounts, each of which invests exclusively in a variable investment option. The only currently available variable investment option
                is the AZL Government Money Market Fund.
We own the assets of the Separate Account. Income, gains, and losses credited to, or charged against, the Separate Account reflect
                the Separate Account's own investment experience and not the investment experience of our other assets. The Separate Account's assets are insulated, so that the assets cannot be used to pay any of our liabilities, other than those arising
                from the investment of Contract assets in the AZL Government Money Market Fund.
If the Separate Account's assets exceed the required reserves and other liabilities, we may transfer the excess to our general
                account, to the extent of seed money invested by us or earned fees and expenses. The obligations under the Contracts are obligations of Allianz Life. We are obligated to pay all amounts promised to investors under the Contracts.
Our General Account
Our general account holds all our assets other than assets in our separate accounts. We own our general account assets, and,
                subject to applicable law, have sole investment discretion over them. The assets are subject to our general business operation liabilities and claims of our creditors and may lose value. We have not registered our general account as an
                investment company under the Investment Company Act of 1940.
Our general account assets fund guarantees provided in the Contracts, including obligations associated with the death benefit.
                Contract Value that you apply to Annuity Payments becomes part of our general account.
Our Unregistered Separate Account
We hold the assets you allocate to the Index Options in Separate Account IANA, which we established under Minnesota Insurance Law
                for the purpose of supporting our obligations to pay Performance Credits. We invest the assets in Separate Account IANA in hedging instruments, including derivative hedging instruments such as put and call options, as well as cash and fixed
                income securities. Like our general account, the assets in Separate Account IANA are subject to our general business operation liabilities and the claims of our creditors. An Owner who allocates Contract Value to an Index Option does not
                have any interest in or claim on the assets in Separate Account IANA. In addition, neither the Owner nor these Index Options participate in any way in the performance of assets held in Separate Account IANA.
Distribution
Allianz Life Financial Services, LLC (ALFS), a wholly owned subsidiary of Allianz Life Insurance Company of North America, serves as
                principal underwriter for the Contracts. ALFS is a limited liability company organized in Minnesota, and is located at 5701 Golden Hills Drive, Minneapolis, MN 55416. ALFS is registered as a broker-dealer with the SEC under the Securities
                Exchange Act of 1934, as well as with the securities commissions in the states in which it operates, and is a member of the Financial Industry Regulatory Authority (FINRA). ALFS is not a member of Securities Investors Protection
                Corporation. More information about ALFS is available at finra.org or by calling 1-800-289-9999. You also can obtain an investor brochure from FINRA describing its Public Disclosure Program.
We have entered into a distribution agreement with ALFS for the distribution of the Contracts. ALFS also may perform various
                administrative services on our behalf.
We may fund ALFS operating and other expenses, including:
•
overhead,
•
legal fees,
•
accounting fees,
•
Financial Professional training,
•
compensation for the ALFS management team, and
•
other expenses associated with the Contracts.
Financial Professionals and their managers may also be eligible for various benefits, such as production incentive bonuses, insurance
                benefits, and non-cash compensation items that we may provide jointly with ALFS. Non-cash items include conferences, seminars and trips (including travel, lodging and meals in connection therewith), entertainment, awards, merchandise and
                other similar items.
ALFS does not itself sell the Contracts on a retail basis. Rather, ALFS enters into selling agreements with other broker-dealers
                registered under the 1934 Act (selling firms) for the sale of the Contracts. We pay sales commissions to the selling firms and their Financial Professionals. The maximum commission payable to the selling firms for Contract sales is
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expected to not exceed 7% of Purchase Payments. Sometimes, we enter into an agreement with a selling firm to pay commissions as a combination of a
                certain amount of the commission at the time of sale and a trail commission which, when totaled, could exceed 7% of Purchase Payments.
As of December 31, 2022, no Contract offered by this prospectus had been sold. Therefore, we have not included any underwriting
                commissions paid to ALFS.
We and/or ALFS may make bonus payments to certain selling firms based on aggregate sales of our variable insurance contracts
                (including this Contract) or persistency standards, or as part of a special promotion. These additional payments are not offered to all selling firms, and the terms of any particular agreement governing the payments may vary among selling
                firms. In some instances, the amount paid may be significant.
A portion of the payments made to selling firms may be passed on to their Financial Professionals. Financial Professionals may
                receive cash and non-cash compensation and other benefits. Ask your Financial Professional for further information about what they and their firm may receive in connection with your purchase of a Contract.
Commissions paid on the Contract, including other incentives or payments, are not charged directly to the Owners or the Separate
                Account. We intend to recover commissions and other expenses indirectly through fees and expenses imposed under the Contract.
Broker-dealers and their Financial Professionals and managers involved in sales of the Contracts may receive payments from us for
                administrative and other services that do not directly involve the sale of the Contracts, including payments made for recordkeeping, the recruitment and training of personnel, production of promotional literature and similar services. In
                addition, certain firms and their Financial Professionals may receive compensation for distribution and administrative services when acting in a wholesaling capacity and working with retail firms.
In certain instances, we and/or ALFS may make payments to a broker-dealer for inclusion of this Contract in its list of products that
                it offers for sale.
We and/or ALFS may pay certain selling firms additional marketing support allowances for:
•
marketing services and increased access to their Financial Professionals;
•
sales promotions relating to the Contracts;
•
costs associated with sales conferences and educational seminars;
•
the cost of client meetings and presentations; and
•
other sales expenses incurred by them.
We retain substantial discretion in determining whether to grant a marketing support payment to a particular broker-dealer firm and
                the amount of any such payment.
We may also make payments for marketing and wholesaling support to broker-dealer affiliates of variable investment options that are
                available through the annuities we offer.
Additional information regarding marketing support payments can be found in the Distributor section of the Statement of Additional
                Information.
Some Financial Professionals may have a financial incentive to offer you a new contract in place of the one you already own. You
                should only exchange your contract if you determine, after comparing the features, fees and risks of both contracts, that it is better for you to purchase the new contract rather than continue to own your existing Contract.
The AZL Government Money Market Fund assesses a Rule 12b-1 fee of 0.25% of the fund's average daily net assets for the most recent
                calendar year. This fee is paid to ALFS as consideration for providing distribution and certain other services and incurring certain expenses permitted under the fund's plan.
In certain instances, an investment adviser and/or subadviser (and/or their affiliates) of a variable investment option may make
                payments for administrative services to ALFS or its affiliates.
We offer the Contracts to the public on a continuous basis. We anticipate continuing to offer the Contracts but reserve the right to
                discontinue the offering.
Additional Credits for Certain Groups
We may credit additional amounts to a Contract instead of modifying charges because of special circumstances that result in lower
                sales or administrative expenses or better than expected mortality or persistency experience.
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Administration/Allianz Service Center
The Allianz Service Center performs certain administrative services regarding the Contracts and is located at 5701 Golden Hills
                Drive, Minneapolis, Minnesota. The Service Center mailing address and telephone number are listed at the back of this prospectus. The administrative and routine customer services performed by our Service Center include processing and
                mailing of account statements and other mailings to Owners, responding to Owner correspondence and inquiries. Allianz Life also contracts with Tata Consultancy Services (Tata) located at #42(P) & 45(P), Think Campus, Electronic City,
                Phase II, Bangalore, Karnataka 560100, India, to perform certain administrative services including:
•
issuance and maintenance of the Contracts,
•
maintenance of Owner records, and
•
routine customer service including:
−
processing of Contract changes,
−
processing withdrawal requests (both partial and total), and
−
processing requests for fixed annuity payments.
Services performed by Tata are overseen and quality control checked by our Service Center.
To reduce expenses, only one copy of most financial reports and prospectuses, including reports and prospectus for the AZL
                Government Money Market Fund, may be mailed to your household, even if you or other persons in your household have more than one contract issued by us or our affiliate. Call our Service Center at the toll-free telephone number listed at the
                back of this prospectus if you need additional copies of financial reports, prospectuses, or annual and semiannual reports, or if you would like to receive one copy for each contract in future mailings.
Legal Proceedings
We and our subsidiaries, like other life insurance companies, from time to time are involved in legal proceedings of various kinds,
                including regulatory proceedings and individual and class action lawsuits. In some legal proceedings involving insurers, substantial damages have been sought and/or material settlement payments have been made. Although the outcome of any
                such proceedings cannot be predicted with certainty, we believe that, at the present time, there are no pending or threatened legal proceedings to which we, the Separate Account, or ALFS is a party that are reasonably likely to materially
                affect the Separate Account, our ability to meet our obligations under the Contracts, or ALFS ability to perform its obligations.
Status Pursuant to Securities Exchange Act of 1934
Allianz Life hereby relies on the exemption provided by Rule 12h-7 under the Securities Exchange Act of 1934 from the requirement to
                file reports pursuant to Section 15(d) of that Act.
13.
Information on Allianz Life
Allianz Life is a stock life insurance company organized under the laws of the State of Minnesota in 1896. Our address is 5701 Golden
                Hills Drive, Minneapolis, MN 55416. We are a wholly owned subsidiary of Allianz of America, Inc. (AZOA), a financial holding company. AZOA is a wholly owned subsidiary of Allianz Europe, B.V., which in turn is a wholly owned subsidiary of
                Allianz SE, which is registered in Munich, Germany. We currently offer fixed index annuities, individual life insurance, and registered index-linked annuities. We are licensed to do direct business in 49 states and the District of Columbia.
Directors, Executive Officers and Corporate Governance
BOARD OF DIRECTORS
The Board currently consists of eight members, including our Chair, our President and Chief Executive Officer, our Chief Financial
                Officer and Treasurer, four independent outside board members, and one non-independent board member. Age and positions are provided as of December 31, 2022, except as otherwise noted.
The Board holds regular quarterly meetings, generally in February, April/May, July/August, and October/November of each year, and
                holds special meetings or takes action by unanimous written consent as circumstances warrant. There was also one special joint meeting of the board held in 2022 with the Board of Directors of Allianz Life Insurance Company of New York, the
                Company's subsidiary. The Board has standing Executive, Audit, and Nomination, Evaluation and Compensation Committees, each of which is described in further detail below.
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The current members of our Board are as follows.
Andreas G. Wimmer
Director and Chair of the Board
Andreas G. Wimmer, age 48, joined Allianz Life January 1, 2022 and currently serves as the Chair of the Board of Directors and
                Chair of its Executive Committee. Mr. Wimmer also serves as a Member of the Board of Management of Allianz SE since October 2021. Mr. Wimmer served as the Chief Executive Officer of Allianz Lebensversicherungs-AG from January 2020 to March
                2022 and as a Member of the Board of Management of Allianz Deutschland AG from January 2020 to October 2021, respectively. Mr. Wimmer previously served as a member of the Board of Management, Corp. Clients of Allianz Lebensversicherungs-AG
                from 2015 to 2019. Mr. Wimmer also previously served as a Member of the Supervisory Board of IconicFinance GmbH from April 2021 to January 2022. Mr. Wimmer has held several other positions with Allianz affiliates.
Mr. Wimmer brings to the Board extensive experience in the financial services and insurance industries, as well as extensive
                experience in investments and asset management, including serving as a Member of the Board of Management of Allianz SE, Asset Management, US Life Insurance.
Jasmine M. Jirele
Director, President, and Chief Executive Officer
Jasmine M. Jirele, age 45, joined Allianz Life in 2018 and currently serves as the President and Chief Executive Officer and a member
                of the Board of Directors and its Executive Committee effective September 1, 2021. Ms. Jirele also serves as the Chair of the Board and the Chief Executive Officer of Allianz Life of New York and as the Chair of its Executive and Conflicts
                of Interest Committees. She also serves as the Chair of the Board of AZOA Services Corporation and as the Chair of its Shared Plans Management Committee. Ms. Jirele also serves as a Governor of Allianz Investment Management U.S. LLC, and as
                a Director of Allianz Australia Life Insurance Holdings Limited, Allianz Australia Life Insurance Limited and Allianz Australia Life Policy Services Pty Limited, respectively.
Previously, Ms. Jirele was the Senior Vice President, Chief Growth Officer of Allianz Life from October 2018 to September 2021. In
                that role, Ms. Jirele was responsible for the oversight of new business strategy, product innovation, marketing, and corporate communications. Previously, Ms. Jirele was a Governor of Allianz Strategic Investments, LLC from January to
                October 2021 and a Governor of Allianz Individual Insurance Group, LLC and TruChoice Financial Group, LLC from September 2021 to November 2022, respectively. She was previously a Governor of Allianz Investment Management LLC from January 1,
                2021 to February 15, 2022. Ms. Jirele was also the President of AZOA Services Corporation from September 2021 to March 2022. Prior to that, Ms. Jirele was the Executive Vice President, Head of Customer Excellence at Wells Fargo Consumer
                Bank/Consumer Auto.
Ms. Jirele brings to the Board extensive operations, product innovation, marketing and communications, growth strategy and insurance
                industry experience.
William E. Gaumond
Director, Senior Vice President, Chief
                Financial Officer and Treasurer
William E. Gaumond, age 49, joined Allianz Life in 2004 and currently serves as Senior Vice President, Chief Financial Officer and
                Treasurer, and as a member of the Board of Directors since January 1, 2016. Mr. Gaumond also serves as a Director of Allianz Life of New York, and as its Chief Financial Officer and Treasurer and as a member of its Executive Committee and
                Chair of Finance Committee, respectively.
Mr. Gaumond also serves as the Chief Financial Officer of Allianz Foundation for North America since March 2016. He also serves as a
                Governor of Allianz Life Financial Services, LLC, Allianz Investment Management U.S. LLC, and Allianz Strategic Investments, LLC, respectively. Mr. Gaumond also serves as a Director and President of Allianz Fund Investments, Inc., AZL PF
                Investments, Inc., and Dresdner Kleinwort Pfandbriefe Investments II, Inc., respectively.
Mr. Gaumond also serves as a Director and President of AZOA Services Corporation and PHP Holdings, Inc., respectively. He is also a
                Director of Questar Agency, Inc., Questar Capital Corporation, Yorktown Financial Companies, Inc., and Allianz Technology of America, Inc., respectively. Mr. Gaumond also serves as Director of Allianz of America, Inc., and as its Executive
                Vice President. He also serves as a Director of Allianz Finance Corporation, and as its Chief Financial Officer and Treasurer.
Mr. Gaumond previously served as a Director of Questar Asset Management, Inc. from January 2016 to September 2021, and as a Governor
                of Allianz Individual Insurance Group, LLC and TruChoice Financial Group, LLC from January 2018
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to November 2022, respectively. Mr. Gaumond previously served as the Interim Controller for Allianz Life and Allianz Life of New York, the Interim
                Treasurer for Allianz Foundation for North America, from October 2022 through March 2023. Mr. Gaumond also served as the interim Vice President, Controller and Assistant Treasurer and a Director of Allianz Life Insurance Company of Missouri
                until April 2023. Mr. Gaumond is responsible for all finance and risk management functions, with oversight of the controller, financial planning, treasury, and corporate risk management areas.
Mr. Gaumond brings to the Board extensive financial services, investment, and insurance industry experience, including serving as
                Chief Financial Officer and Treasurer of Allianz Life and Allianz Life of New York.
Lauren K. Day
Director
Lauren K. Day, age 46, joined Allianz Life's Board of Directors on May 9, 2023. Ms. Day is currently the Group Head of
                Communications and Reputation of Allianz SE since August of 2021. Ms. Day is also a Member of the Board of Directors of Allianz Foundation for North America since October of 2021, a Member of the Board of Directors of the American Council
                on Germany since 2022, and is the Chair of the Advisory Board of Annycent Capital Partners since August 2021.
Prior to joining Allianz SE, Ms. Day served as Head of Strategy and Capital Relationships at Annycent Capital Partners from January
                to July of 2021. She also served at Prudential Financial, Inc. as Chief Communications Officer from 2015 to 2021 and as Vice President, Corporate and Financial Communications from 2011 to 2013. Ms. Day also served as the Managing Director,
                Head of Communications and Corporate Responsibility at AXA from 2013 to 2015. Prior to that, she held high-level communications positions at American International Group, Inc., AIG Investments, and KfW Group.
Ms. Day earned a Master of Arts in Comparative Literature and a Bachelor of Arts in German Studies from Dartmouth College and a
                semester studying abroad at Freie Universität of Berlin.
Ms. Day will bring to the Board over 20 years of global communications, strategy and business development experience spanning the
                private and public sectors of developed and emerging markets in North America, Asia, and Western, Central and Eastern Europe.
Udo Frank
Director
Udo Frank, age 63, joined Allianz Life's Board of Directors on May 1, 2015 and also serves as the Lead Independent Director, the
                Chair of its Audit Committee and as a member of its Nomination, Evaluation and Compensation Committee and its Executive Committee. Mr. Frank has over 30 years of experience in the financial services and insurance industries. Mr. Frank
                worked for various Allianz SE investment and asset management affiliates from 1994 to 2014, including serving in numerous executive positions. In 2001, Mr. Frank was appointed as the Global Chief Executive Officer of RCM Capital Management,
                LLC. In 2012, he was appointed the Head of Product Management and Chief Marketing Officer of Allianz Global Investors – U.S.
Mr. Frank brings to the Board extensive experience in the financial services and insurance industries, as well as extensive
                experience in investments and asset management.
Kevin E. Walker
Director
Kevin E. Walker, age 60, joined Allianz Life's Board of Directors on May 23, 2017, and also serves as a member of its Audit
                Committee and Chair of its Nomination, Evaluation and Compensation Committee. Mr. Walker also serves as a Director of Allianz Life of New York, and as a member of its Audit and Evaluation Committee and its Executive Committee, respectively.
                Mr. Walker also serves as the Chair and Director of Allianz Reinsurance America, Inc., and is a member of its Audit Committee and Executive Committee. Mr. Walker has over 30 years of insurance and financial services experience. Mr. Walker
                served at various Allianz affiliates throughout his career, most recently as the President and Chief Executive Officer of Allianz Reinsurance America, Inc. from 2015 to 2016. Mr. Walker has also served as a director and officer for several
                other Allianz affiliates.
Mr. Walker brings to the Board extensive experience in the insurance industry, as well as extensive experience in finance and
                operations.
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Walter R. White
Director
Walter R. White, age 66, joined Allianz Life in 2009 and served as an Allianz Life Board member since January 1, 2012. Mr. White
                also currently serves as a member of its Audit Committee and its Nomination, Evaluation and Compensation Committee since May 2022. Previously, Mr. White served as the President, Chief Executive Officer, and member of the Executive Committee
                of Allianz Life from January 1, 2012 to September 1, 2021; and then as Senior Advisor through December 31, 2021. Mr. White also previously served as the Chair of the Board and the Chief Executive Officer, Chair of the Executive Committee
                and Chair of the Conflict of Interest Committee of Allianz Life of New York, and as a Board member and the President of AZOA Services Corporation and served as the Chair of its Shared Plans Management Committee. Mr. White also served as a
                Governor of Allianz Individual Insurance Group, LLC, Allianz Investment Management LLC, Allianz Investment Management U.S. LLC, and TruChoice Financial Group, LLC, respectively. In addition, Mr. White previously served as a Director of
                Questar Capital Corporation and Questar Agency, Inc.
Mr. White brings to the Board extensive financial services and brokerage experience as well as key strategic planning and
                leadership skills developed as the former President and Chief Executive Officer of Allianz Life and the former President of Woodbury Financial.
Howard E. Woolley
Director
Howard E. Woolley, age 65, joined Allianz Life's Board of Directors on May 1, 2020 and is a member of its Audit Committee and its
                Nomination, Evaluation and Compensation Committee. In 2015, Mr. Woolley formed Howard Woolley Group LLC, a strategic business and public policy firm serving leading technology and wireless industry clients, and serves as its President. He
                is a leader in the field of regulatory risk management, public policy, and government affairs. Mr. Woolley is an NACD Leadership Fellow and an international member of the Australian Institute of Company Directors. Mr. Woolley serves on the
                board of directors and a member of the Nomination and Governance Committee of Apple Hospitality REIT, Inc., a publicly traded real estate investment trust that owns hotels across the United States. He also serves as the Lead Independent
                Director, and is a member of the Compensation Committee for telecommunications company SOMOS Inc. He serves on the boards of trustees for Johns Hopkins Medicine, Johns Hopkins University and Syracuse University. Mr. Woolley is co-chair of
                the Johns Hopkins University & Medicine External Affairs Committee and serves on the Johns Hopkins Medicine Executive Committee and the Syracuse University Audit, Academic Affairs and Executive Committees.
Mr. Woolley brings to the Board more than 20 years of extensive board experience and brings a wealth of experience and insights in
                several areas, including risk management.
EXECUTIVE OFFICERS
The current executive officers (other than Ms. Jirele and Mr. Gaumond) are as follows. Age and positions are provided as of
                December 31, 2022, except as otherwise noted.
Karim Akhavan-Hezavei
Senior Vice President, Chief Operating Officer
Karim Akhavan-Hezavei, age 46, joined Allianz Life August 1, 2022 and currently serves as the Senior Vice President, Chief
                Operating Officer. He also serves as the Chief Operating Officer of Allianz Life of New York. Mr. Akhavan-Hezavei is responsible for Enterprise Operations, IT, and IT Security functions. Mr. Karim also serves as a Director of Allianz
                Technology of America, Inc. since November 2022.
Mr. Akhavan-Hezavei previously was the Chief Operating Officer for Allianz Services from January 2019 to July 2022. He was also a
                member of the Allianz Services Executive Management team with responsibility for operations and IT, global projects, and development of global business models.
Mr. Akhavan-Hezavei has served at various Allianz affiliates since 2013 in a variety of senior leadership roles. Prior to joining
                Allianz, he held positions with Siemens and Ernst & Young Consulting.  Mr. Akhavan-Hezavei has a Master's degree in Economics from Ludwig-Maximillans University in Munich, Germany.
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Gretchen Cepek
Senior Vice President, General Counsel, and Secretary
Gretchen Cepek, age 54, joined Allianz Life in 2009 and currently serves as Senior Vice President, General Counsel and Secretary
                since February 17, 2012. In this role, Ms. Cepek is responsible for the legal, ethics, and compliance departments as well as government relations and the special investigations unit. She also serves as the Chief Legal Officer and Secretary
                of Allianz Life of New York and as a member of its Conflict of Interest Committee, and General Counsel and Secretary of AZOA Services Corporation. Ms. Cepek received her J.D. from Valparaiso University School of Law in 1993.
Jenny L. Guldseth
Senior Vice President, Chief Human Resources Officer
Jenny L. Guldseth, age 47, joined Allianz Life in 2005 and currently serves as the Senior Vice President, Human Resources Officer,
                and as Chair of its Benefits Plans Administration Committee since January 1, 2019. In this position, Ms. Guldseth is responsible for setting strategy and leading the Human Resources and Facilities departments to improve business results and
                increase employee engagement. Ms. Guldseth is also a Director of the Allianz Foundation for North America, the Chief Human Resources Officer of AZOA Services Corporation, and the Chair of its Employee Benefits Administration Committee and a
                member of its Benefit Plans Investment Committee and the Shared Plans Management Committee, respectively. Ms. Guldseth has over ten years of experience at Allianz Life, including having served as the Vice President, Rewards and Performance
                from 2017 to 2018, the Assistant Vice President of Rewards and Performance from 2013 to 2017, and Manager, Human Resource Business Partner from 2010 to 2013. In these positions, she was responsible for the Performance and Compensation
                functions for Allianz Life and the benefits functions for multiple U.S.-based affiliate companies.
Neil H. McKay
Senior Vice President, Chief Actuary
Neil H. McKay, age 61, joined Allianz Life in 1999 and currently serves as the Senior Vice President, Chief Actuary of Allianz Life
                since May 15, 2000. Mr. McKay also serves as the Chief Actuary of Allianz Life of New York since April 8, 2014. Mr. McKay is responsible for all of the actuarial functions of Allianz Life and Allianz Life of New York, including the
                actuarial assumptions underlying its products and the rate setting associated with existing and new products.
Jean-Roch P.F. Sibille
Senior Vice President, Chief Investment Officer
Jean-Roch P.F. Sibille, age 40, joined Allianz Life in October 2018 and currently serves as the Senior Vice President, Chief
                Investment Officer since May 2022. He also currently serves as the Chief Investment Officer of Allianz Life of New York, and the Chief Investment Officer of Allianz Life Insurance Company of Missouri, LLC, respectively. Mr. Sibille is a
                Governor and the Chief Executive Officer of Allianz Investment Management U.S. LLC and a Governor of Allianz Investment Management LLC and Allianz Strategic Investments, LLC, respectively. In addition, he also serves as a Director and Vice
                President and Treasurer of AZL PF Investments Inc., Dresdner Kleinwort Pfandbriefe Investments II Inc., and Allianz Fund Investments, Inc., respectively. He also serves as a Director and the President of Allianz Finance Corporation.
Mr. Sibille leads the investment management, liquidity planning, hedging, and trading functions at Allianz Life. He is also a member
                of the global Allianz Investment Management Board, which serves the Allianz Group of insurance companies. Previously, Mr. Sibille served as the Senior Vice President, Chief Risk Officer and Chief Credit Officer of Allianz Life and as the
                Chief Risk Officer of Allianz Life of New York from January 2019 to May 2022. Prior to his current roles, he spent four years at Allianz SE as the Head of Market Risk Management and Risk Reporting, and Head of the Independent Validation
                Unit. Mr. Sibille also has broad work experience in risk management with AXA Belgium and Risk Dynamics.
Mr. Sibille earned an Executive Master of Business Administration at the Kellogg-WHU School of Management, a Ph.D. in Finance from
                the University of Liѐge, and a Master in Business Engineering at the University of Namur.
Eric J. Thomes
Senior Vice President, Chief Distribution Officer
Eric J. Thomes, age 50, joined Allianz Life in 1995 and currently serves as the Senior Vice President, Chief Distribution Officer of
                Allianz Life since April 1, 2019. He also serves as the President and a Director of Allianz Life of New York. Mr. Thomes also serves as a Governor, and as the Chief Executive Officer and Chief Manager of Allianz Life Financial Services,
                LLC. He also serves as the President and Chief Executive Officer and Board Chair of Yorktown Financial
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Companies, Inc., Questar Agency, Inc. and Questar Capital Corporation, respectively. Mr. Thomes previously served as Director of Questar Asset
                Management, Inc. from April 2019 to September 2021. He also served as a Governor of Allianz Individual Insurance Group, LLC, and TruChoice Financial Group, LLC, from April 2019 to November 2022, respectively. Mr. Thomes is responsible for
                the development, design and implementation of Allianz Life's and Allianz Life of New York's sales and distribution strategies. Prior to his current roles, Mr. Thomes served as the Field Senior Vice President, FMO Sales from 2009 to 2019.
Emmanuelle Thommerot
Senior Vice President, Chief Marketing and Strategy Officer
Emmanuelle Thommerot, age 49, joined Allianz Life April 1, 2023, and currently serves as the Senior Vice President, Chief Marketing
                and Strategy Officer of Allianz Life. Ms. Thommerot previously served as the Head of Strategic Market Management for Allianz BeNeLux (Belgium, Netherlands, Luxembourg), from 2020-2023, where she has been responsible for strategic marketing
                including market intelligence, customer experience, customer insights and analytics, customer journey, and value proposition for all lines of business (life and non-life, retail and commercial). Prior to joining Allianz, she held senior
                leadership roles at AXA as Head of Business Transformation Programs and Change Management from 2017 to 2020.
Ms. Thommerot brings over 15 years of marketing, strategy and transformation experience in insurance, financial services and
                consulting. She will oversee development of the company strategy, and will have accountability for Marketing, Digital, Corporate Strategy, Sustainability, Strategic Communications, Community Engagement and Sponsorships.
CORPORATE GOVERNANCE
Committees of the Board
The Executive Committee of the Board ("Executive Committee") is currently composed of Mr. Wimmer (Chair), effective January 1,
                2022, and Ms. Jirele and Mr. Frank. The function of the Executive Committee is to exercise the authority of the Board between meetings of the Board, with the exceptions set forth in Allianz Life's By-Laws. The Executive Committee did not
                meet in 2022.
The Audit Committee of the Board is currently composed of Messrs. Frank (Chair), Walker, White (who joined the Audit Committee as
                of May 12, 2022) and Woolley. The Audit Committee is responsible for overseeing Allianz Life's accounting and financial reporting and control processes on behalf of the Board, which includes assisting with Board oversight of (1) quality and
                integrity of Allianz Life's financial statements, (2) Allianz Life's compliance with legal and regulatory requirements, (3) the qualifications, independence and fees of the independent-auditors, (4) Allianz Life's system of internal
                controls and (5) the performance of Allianz Life's internal audit function. The Board has determined that each member of the Audit Committee is financially literate. The Audit Committee met four times in 2022.
The Nomination, Evaluation and Compensation Committee (NEC Committee) is currently composed of Messrs. Walker (Chair), Frank, White
                (who joined the NEC Committee as of May 12, 2022) and Woolley. The NEC Committee's purpose is to (1) nominate candidates for director for election, (2) evaluate the performance of officers deemed to be "principal officers," and (3)
                recommend to the Board the selection and compensation of the "principal officers." The NEC Committee met two times in 2022.
Independence of Certain Directors
Allianz Life is not subject to the independence standards of the New York Stock Exchange or any other national securities exchange,
                but is subject to the independence standards required under the Model Audit Rule. Applying the independence standards of the Model Audit Rule to the current members of the Board, the Board has determined that Messrs. Frank, Walker, White,
                and Woolley are "independent" under the Model Audit Rule.
Code of Ethics
All of our officers and employees, including our Chief Executive Officer, Chief Financial Officer and Controller, are subject to
                Allianz Life's Code of Ethics.
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Executive Compensation
Compensation Discussion and Analysis
In this section, we provide an overview of the goals and principal components of our executive compensation program and describe
                how we determine the compensation of our "Named Executive Officers" or "NEOs." For 2022, our NEOs were:
•
Jasmine M. Jirele
, President and Chief Executive Officer
•
William E. Gaumond
, Senior Vice President, Chief Financial Officer and Treasurer
•
Eric J. Thomes
, Senior Vice President, Chief Distribution Officer
•
Neil H. McKay
,
                    Senior Vice President, Chief Actuary
•
Catherine A. Mahone
, Senior Vice President, Chief Administration Officer
(1)
•
Gretchen Cepek
,
                    Senior Vice President, General Counsel, and Secretary
(1)
Ms. Mahone served as Senior Vice President, Chief Administration Officer through April
                    1, 2022, she then transitioned to Senior Advisor until her termination on October 1, 2022.
The details of each NEO's compensation may be found in the Summary Compensation Table and other compensation tables included in
                this Executive Compensation section.
Executive Summary
Allianz Life's compensation programs are intended to align our NEOs' interests with those of our ultimate stockholder, Allianz SE,
                the ultimate parent company of Allianz Life. Allianz Life's compensation programs are designed to reward performance that meets or exceeds the goals established by the Compensation Committee, a management committee of Allianz Life. Allianz
                Life is tasked with establishing the executive compensation philosophy. In line with Allianz Life's compensation philosophy described below, the total compensation received by our NEOs will vary based on individual and corporate performance
                in light of annual and long-term performance goals. Our NEOs' total compensation is composed of a mix of annual base salary, annual cash awards based on corporate objectives and executive performance factors and long-term equity incentive
                awards in the form of restricted stock units of the equity securities of Allianz SE.
Compensation Philosophy and Strategy
Overview
The overriding goal of Allianz Life's executive compensation programs is to attract, retain and motivate top-performing executive
                officers who will dedicate themselves to long-term financial and operational success. To this end, Allianz Life has structured the executive compensation programs to foster a pay-for-performance management culture by:
•
providing total compensation opportunities that are competitive with the levels of total
                    compensation available at the large diversified financial services companies with which Allianz Life most directly competes in the marketplace;
•
setting performance metrics and objectives for variable compensation arrangements that reward
                    executives for attaining both annual targets and long-term business objectives, thereby providing individual executives with the opportunity to earn above-average compensation by achieving above-average results;
•
establishing equity-based arrangements that align executives' financial interests with those of
                    Allianz SE by ensuring executives have a material financial stake in the equity value of Allianz SE and the business success of its affiliates; and
•
structuring compensation packages and outcomes to foster internal pay equity.
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Compensation Components
To support this pay-for-performance strategy, Allianz Life's total compensation program provides a mix of compensation components
                that bases the majority of each executive's compensation on their success and on an assessment of each executive's overall contribution to that success.
Compensation Element
Description
Objective
Base Salary
Fixed rate of pay that compensates employees for fulfilling their
basic job responsibilities. For NEOs, increases are generally
provided in the case of a significant increase in responsibilities
or a significant discrepancy versus the market.
Attract and retain high-caliber
leadership.
Annual Incentive Plan
Incentive compensation that promotes and rewards the
achievement of annual performance objectives through awards
under the Allianz Life Annual Incentive Plan ("AIP").
• Link compensation to annual
performance results.
• Attract and motivate
high-caliber leadership.
• Align the interests of NEOs
and our stockholder.
Performance-Based Equity
Incentives
Incentive compensation through restricted stock unit awards
made under the Allianz Equity Incentive Plan ("AEI") that
promotes and rewards the achievement of long term
performance objectives.
• Retain high-caliber leadership
with multi-year vesting.
• Align the interests of NEOs
and our stockholder.
Severance Arrangements
Severance payments to employees, including NEOs, under
certain company-initiated termination events.
Compensate employees for
situations where the employee's
employment is involuntarily
terminated in a qualifying
termination of employment.
Perquisites-Benefits
Perquisites provided to our NEOs include employer matching
contributions to the NEOs' accounts in the 401(k) plan and may
also include the payment of life insurance premiums, relocation
reimbursements, and reimbursements for financial planning, tax
preparation services, and spousal travel expenses.
Provide market competitive total
compensation package.
In addition, Allianz Life offers all employees, including our NEOs, broad-based benefits, including comprehensive medical, dental and
                vision insurance, group term life insurance and participation in a 401(k) plan.
How Compensation Decisions Are Made
Role of the Board of Directors and Compensation Committee
The framework governing the executive compensation policies for Allianz Life, except as such policies relate to the compensation
                for the Chief Executive Officer, is set through the Compensation Committee of Allianz Life. Decisions affecting the compensation of the Chief Executive Officer are outside the scope of the Allianz Life Compensation Committee. Any such
                decisions are made by Allianz SE, subject to review by the NEC Committee, and final approval by Allianz Life's Board of Directors. With respect to the compensation of other "principal officers" selected by the Board for purposes of the
                duties of the NEC Committee under Minn. Stat. § 60D.20, subd. 3(d), the Compensation Committee's decisions are similarly subject to review by the NEC Committee and final approval by Allianz Life's Board. The "principal officers" include the
                Chief Executive Officer, Chief Financial Officer, and General Counsel. Allianz Life's Board has delegated the following responsibilities to the Compensation Committee:
•
In general, establish the compensation philosophy and strategy of Allianz Life and oversee the
                    development and implementation of compensation, benefit, and perquisite programs for corporate executives consistent with the principles of ensuring that leadership is compensated effectively in a manner consistent with the stated
                    compensation strategy, internal equity considerations, competitive practices, shareholder interests, and the requirements of any applicable regulatory bodies in order to attract and retain high-quality leadership. This responsibility
                    includes periodic review of Allianz Life's compensation programs to pursue certain goals, with the expectation that changes will be made periodically to ensure these goals are attained.
•
Review and approve the establishment of, or material modification to, any executive incentive
                    compensation plans or programs for Allianz Life.
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•
Review and approve any special benefits or perquisites in effect for, or offered to, any
                    prospective, current or former Allianz Life employee, regardless of the employee's level or assignment within Allianz Life. Such benefits and perquisites are those that are unusual or different from the benefits offered to all
                    similarly-situated employees.
•
Review and approve any employment agreements proposed to be made with any prospective or current
                    employee of Allianz Life.
•
Review and approve any individual severance agreement with any Allianz Life officer. This does not
                    include an arrangement where the employee receives severance or incentive payments under existing terms of a broad-based benefit or compensation plan.
•
Oversee Allianz Life's compliance with regulations with respect to compensation matters and adopt
                    and monitor adherence to global and local process requirements and timelines, including those required under the Corporate Rules (as defined under the Allianz Life Standard for Corporate Rules) mandated by Allianz SE.
The Compensation Committee will at all times be composed of at least three members who are appointed by the full Board of Directors
                of Allianz Life. The Compensation Committee currently consists of the following members: the Chair of the Board, the Chief Executive Officer, and the Chief Human Resources Officer. The Compensation Committee also utilizes internal personnel
                to provide advice to the Compensation Committee regarding market trends in compensation policies at competing companies and on a more macro level.
Following its review and decision, the Compensation Committee produces and submits a report on executive compensation to Allianz
                Life's Board of Directors at its request. With respect to the compensation of "principal officers" selected by Allianz Life's Board for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), the
                Compensation Committee produces and submits a report on executive compensation proposed for the designated "principal officers" to the NEC Committee for its review and recommendation to Allianz Life's Board for final approval.
Role of the Chief Executive Officer
Our Chief Executive Officer assists the Compensation Committee in its review of the total compensation of all the NEOs except
                themself. The Chief Executive Officer provides the Compensation Committee with their assessment of the NEOs' respective performance relative to the corporate and individual goals and other expectations set for them for the preceding year.
                The Chief Executive Officer then provides their recommendation for each NEO's total compensation and the appropriate goals for each NEO in the year to come. However, the Compensation Committee is not bound by the Chief Executive Officer's
                recommendations.
Role of Allianz Life's Human Resources
Allianz Life's Human Resources supports the Compensation Committee on executive compensation matters by being responsible for many
                of the organizational and administrative tasks that underlie the compensation review and determination process and making presentations on various topics. Allianz Life's Human Resources efforts include, among other things:
•
evaluating the compensation data from industry groups, national executive pay surveys, and other
                    sources for the NEOs and other executive officers as appropriate;
•
gathering and correlating performance ratings and reviews for individual executive officers,
                    including the NEOs;
•
reviewing executive compensation recommendations against appropriate market data and for internal
                    consistency and equity; and
•
reporting to, and answering requests for information from, the Compensation Committee.
Allianz Life's Human Resources officers also coordinate and share information with their counterparts at Allianz SE.
Use of Competitive Compensation Data
Because Allianz Life competes most directly for executive talent with other large diversified financial services companies, Allianz
                Life regards it as essential to regularly review the competitiveness of the total compensation programs for executives to ensure that Allianz Life provides compensation opportunities that compare favorably with the levels of total
                compensation offered to similarly situated executives by other companies that participate in the compensation surveys in which Allianz Life participates. Allianz Life relies primarily on external market surveys of corporate compensation and
                benefits published by various national compensation consulting firms, especially salary surveys focusing on insurance companies. In addition, other factors taken into account include the average revenues and number of employees of companies
                that participate in such surveys.
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All these information sources are employed to measure and compare actual pay levels not only on an aggregate, total compensation basis, but also to
                break down the total compensation program component by component to review and compare specific compensation elements as well as the particular mixes of fixed versus variable, short-term versus long-term, and cash versus equity-based
                compensation at the surveyed companies. This information, as collected and reviewed by Allianz Life's Human Resources, is submitted to the Compensation Committee for review and discussion.
Internal Pay Equity Analysis
Allianz Life's compensation programs are designed with the goal of providing compensation to our NEOs that is fair, reasonable, and
                competitive. To achieve this goal, Allianz Life believes it is important to compare compensation paid to each NEO not only with compensation paid by the surveyed companies, as discussed above, but also with compensation paid to each of our
                other NEOs. Such an internal comparison is important to ensure that compensation is equitable among our NEOs.
Components of Total Compensation For Our NEOs
Allianz Life provides total compensation to our NEOs that consists of several components. These components include the three
                components of the total compensation program (i.e., base salary, annual incentives, and equity) as well as: (i) retirement, health, and other benefit programs; (ii) severance benefits; and (iii) perquisites.
Base Salary
Allianz Life's philosophy is to make base salary a relatively small portion of the overall compensation package for our NEOs, which
                Allianz Life believes is common in the industry in which we operate. The amount of the base salary awarded to NEOs is based on the position held, the NEO's tenure, the scope of the position's responsibilities, and the NEO's own performance,
                all of which are reviewed with the aid of market survey data. Using this data, Allianz Life maintains a 50th percentile pricing philosophy, comparing base salaries against the median for comparable salaries at surveyed companies, unless
                exceptional conditions require otherwise.
With respect to the base salary of our Chief Executive Officer, the Chair of the Board considered the Chief Executive Officer's
                experience, performance, and contribution to overall corporate performance when determining their base salary for 2022 for recommendation to the NEC Committee. Base salaries for our other NEOs for 2022 were also set by the Compensation
                Committee based upon each NEO's individual experience and contribution to the overall performance of Allianz Life, and subject to Allianz SE Compensation Committee reviews and, with respect to the base salaries of "principal officers"
                selected by Allianz Life's Board of Directors for purposes of the duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life's Board for final approval.
AIP
Allianz Life offers annual cash bonuses to certain executive officers under the AIP. The AIP is designed to improve performance and
                profitability by motivating employees to accomplish organizational objectives and financial goals. Bonus awards that may be paid pursuant to the AIP are within the sole discretion of the Compensation Committee, and with respect to our CEO,
                the Chair of the Board, and are intended to:
•
reward the performance of participants who have made significant contributions to the achievement
                    of annual goals and objectives;
•
provide an incentive that will encourage future superior individual performance; and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are
                    anticipated to significantly contribute to the long-term success of Allianz Life.
Following the performance year, the Compensation Committee approved a specific amount of cash awards to be made pursuant to the AIP
                to executive officers, including our NEOs, for the 2022 performance year. The amount determined to be available for such awards was at the discretion of the Compensation Committee and was dependent upon many factors as outlined previously,
                including, but not limited to, current financial performance and contributions of our NEOs in achieving performance objectives, and with respect to the awards to the "principal officers" selected by Allianz Life's Board for purposes of the
                duties of the NEC Committee under Minnesota Statutes § 60D.20, subd. 3(d), subject to NEC Committee review and recommendation to Allianz Life's Board for final approval.
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AEI
The AEI is (a) one part of the variable compensation component for certain individuals within designated classes of employees at
                Allianz Life or (b) offered by Allianz Life to select senior employees as an additional part of their variable compensation on a case by case basis. The AEI is granted in the form of restricted stock units of Allianz SE ("RSUs"). The award
                of RSU's are intended to:
•
reward the performance of participants who have made significant contributions to the achievement
                    of their company's annual goals and objectives,
•
provide an incentive that will encourage future superior individual performance, and
•
encourage the retention of employees who have demonstrated exceptional performance and/or are
                    anticipated to significantly contribute to the long-term success of Allianz.
Awards made pursuant to the AEI are based upon both the performance of Allianz Life and Allianz Life of New York and the
                performance of the NEO. The Compensation Committee (and, with respect to those NEOs that are "principal officers" for purposes of the NEC Committee's duties, the NEC Committee with final approval of Allianz Life's Board of Directors)
                reviewed the performance of our NEOs following the end of our 2022 fiscal year relative to the AEI allocation amount.
Benefit Perquisites
Allianz Life provides our NEOs with certain limited perquisites. All of our employees, including our NEOs, may participate in the
                qualified 401(k) plan. Allianz Life and Allianz Life of New York generally provide our executive officers, including our NEOs, with a matching contribution up to $22,875 annually. In addition, Allianz Life and Allianz Life of New York
                provide excess liability insurance coverage to all of our NEOs and provide financial planning and tax preparation services, relocation reimbursements, and reimbursements of spousal travel expenses to certain of our NEOs. The incremental
                costs of perquisites for the NEOs during 2022 are included in the column entitled "All Other Compensation" in the Summary Compensation Table included in this section.
Certain Retention Arrangements
Allianz Life's offer letter to Jasmine M. Jirele included a retention bonus arrangement related to her onboarding in her capacity as
                Senior Vice President, Chief Growth Officer. The retention bonus payments will be paid through 2022 so long as she remains employed with Allianz Life, and the arrangement requires repayment of certain amounts if Ms. Jirele voluntarily
                terminates her employment within a certain period. In addition, Allianz Life maintains retention bonus arrangements with certain executives, pursuant to which retention bonus payments are paid so long as such executive remains employed with
                Allianz Life in good standing.
Severance Arrangements
Allianz Life entered into a Confidential Severance Agreement and General Release of All Claims with our former Chief Administrative
                Officer, Catherine A. Mahone. The severance arrangements for Ms. Mahone were prescribed by the Executive Severance Plan, which is described later in this section.
Pursuant to the Confidential Severance Agreement and General Release of All Claims, Ms. Mahone was entitled to a lump sum cash
                payment of $660,000 upon separation in the event she was terminated without "cause", which is defined as engaging in conduct detrimental to the best interests of the Company (including, but not limited to, certain specified acts such as
                commission of a felony, theft, dishonesty, fraud or embezzlement) in the Executive Severance Plan. In addition, pursuant to the Confidential Severance Agreement and General Release of All Claims, Ms. Mahone was also bound by other
                restrictive covenants, including covenants relating to non-solicitation for 1 year and covenants relating to confidentiality and non-disparagement. Ms. Mahone would also be entitled to continuation of medical and dental coverage at the
                employee premium rates for a period of 18 months following termination if Ms. Mahone timely elected continuation coverage and paid the required premiums.
We have not entered into any other specific severance agreements with any of our NEOs.
The remainder of our NEOs are eligible for severance payments under the Executive Severance Plan if they experience a qualifying
                termination of employment and otherwise satisfy the conditions set forth in the plan.
Other than the Executive Severance Plan, which is described later in this section, our NEOs are not eligible for severance payments.
                Certain of our executive officers receive offer letters which set forth the terms relating to base salary, sign-on incentives, and equity compensation. However, Allianz Life does not view these offer letters as employment agreements as each
                offer letter states that employment with Allianz Life is "at will."
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Other Compensation Policies
Tax and Accounting Implications
Stock-Based Compensation
.
                Stock-based compensation, comprised of Allianz SE restricted stock units (RSUs) granted pursuant to the AEI, are accounted for in accordance with the requirements of Financial Accounting Standards Board Accounting Standards Codification
                ("FASB ASC") Topic 718. The fair value of the RSUs at grant is the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on that day and the nine
                immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE share over the vesting period, and less the fair value of payout restrictions deriving from the vesting period and the payout cap.
Recently Discontinued Compensation Programs
The purpose of the ALTPUP was to advance the interests of Allianz Life, including Allianz Life of New York, and our indirect
                stockholder. The ALTPUP sought to accomplish this purpose by providing an incentive in addition to current compensation to certain individuals within designated classes of employees of Allianz Life who contribute significantly to their
                company's long-term performance. Such incentive was in the form of Long-Term Performance Units ("ALTPUP Units"), which were contingent awards, subject to the terms, conditions, and restrictions described in the ALTPUP and the Award
                Agreement under which such awards were made, by which participants in the ALTPUP may have become entitled to receive cash on the payment date for redemption of the ALTPUP Units valued on the valuation date. The award of ALTPUP Units was
                discretionary. In March 2020, the Group Compensation Committee determined all Allianz entities would move forward with the Allianz SE long term incentive program or AEI. As a result, the ALTPUP program has been discontinued and provided a
                final grant in March 2020 for 2019 performance. The final payout under the ALTPUP program is expected to occur in 2023.
Summary Compensation Table
The following table sets forth the compensation paid by Allianz Life to the NEOs for the years ended December 31, 2022, 2021, and
                2020, as applicable.
Name and Principal
Position
(a)
Year
(b)
Salary
(c)
Bonus
(d)
Stock
Awards
(e)
(2)
Non-Equity
Incentive Plan Compensation
(g)
All Other
Compensation
(i)
(3)
Total
(j)
Jasmine M. Jirele
(1)
President and Chief Executive Officer
2022
$
750,000
$
200,000
$
1,348,875
$
899,250
$
23,810
$
3,221,935
2021
$
561,958
$
390,000
$
1,068,303
$
712,202
$
22,516
$
2,754,979
2020
$
458,380
$
200,000
$
471,436
$
314,291
$
22,787
$
1,466,894
William E. Gaumond
Senior Vice President, Chief Financial
Officer and Treasurer
2022
$
505,225
$
0
$
942,501
$
428,334
$
24,842
$
1,900,902
2021
$
475,900
$
300,000
$
770,958
$
513,922
$
22,437
$
2,083,267
2020
$
468,885
$
0
$
482,241
$
321,494
$
26,300
$
1,298,920
Eric J. Thomes
Senior Vice President, Chief Distribution
Officer
2022
$
555,750
$
0
$
719,772
$
479,848
$
29,026
$
1,784,396
2021
$
535,500
$
320,000
$
867,510
$
578,340
$
22,548
$
2,323,898
2020
$
525,000
$
0
$
699,629
$
333,119
$
30,427
$
1,588,225
Neil H. McKay
Senior Vice President, Chief Actuary
2022
$
517,500
$
0
$
657,981
$
438,654
$
23,622
$
1,637,757
2021
$
510,000
$
50,000
$
926,200
$
550,800
$
24,397
$
2,061,397
2020
$
510,000
$
0
$
490,212
$
326,808
$
27,538
$
1,354,558
Catherine A. Mahone
Senior Vice President, Chief Administrative
Officer (Former)
2022
$
330,000
$
0
$
309,929
$
206,620
$
685,458
$
1,532,007
Gretchen Cepek
Senior Vice President, General Counsel and
Secretary
2022
$
487,125
$
0
$
549,641
$
366,427
$
23,294
$
1,426,487
2021
$
469,500
$
110,000
$
733,825
$
422,550
$
22,167
$
1,758,042
(1)
Ms. Jirele's 2021 executive compensation represents compensation paid during her time
                    as Senior Vice President, Chief Growth Officer and President and Chief Executive Officer. Her 2020 executive compensation represents compensation paid during her time as Senior Vice President and Chief Growth Officer. As part of her
                    Bonus (d) compensation, Ms. Jirele was paid a retention bonus of $800,000, which was paid over four years in increments of $200,000 with the first payment paid in March 2019 and the final payment in 2022.
(2)
Represents the grant date fair value of the RSUs issued pursuant to the AEI. The RSUs
                    vest over a four-year period. The grant price of the RSUs was the arithmetic average of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on the date of grant and the
                    nine immediately preceding trading days, less the present value of dividends expected to be paid on one Allianz SE
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90
share over the vesting period, and less the fair value of the payout restrictions deriving from the vesting period and
                the payout cap. These numbers show the amount realized for financial reporting purposes as calculated in accordance with the FASB ASC Topic 718. Under FASB ASC Topic 718, the grant date fair value is calculated using the closing market
                price of the common stock of Allianz SE on the date of grant, which is then recognized over the requisite service period of the award.
(3)
The following table provides additional details regarding compensation found in the
                    "All Other Compensation" column.
Name
Year
Spousal
Travel
(4)
Milestone/
Anniversary/
Recognition
(5)
Life
Insurance
Premiums
Employer
Match to
401(k) Plan
ASAAP
Contribution
(6)
Other
Compensation
Total
Jasmine M.
Jirele
2022
--
$
250
$
685
$
20,500
$
2,375
--
$
23,810
2021
--
$
350
$
416
$
19,500
$
2,250
--
$
22,516
2020
--
$
1,000
$
412
$
19,500
$
1,875
--
$
22,787
William E.
Gaumond
2022
--
$
1,270
$
697
$
20,500
$
2,375
--
$
24,842
2021
--
--
$
687
$
19,500
$
2,250
--
$
22,437
2020
$
4,257
--
$
668
$
19,500
$
1,875
--
$
26,300
Eric J. Thomes
2022
$
5,366
--
$
785
$
22,875
--
--
$
29,026
2021
--
--
$
798
$
19,500
$
2,250
--
$
22,548
2020
$
6,445
$
1,800
$
807
$
19,500
$
1,875
--
$
30,427
Neil H. McKay
2022
--
--
$
747
$
22,875
--
--
$
23,622
2021
$
200
$
1,700
$
747
$
21,750
--
--
$
24,397
2020
$
5,431
--
$
732
$
21,375
--
--
$
27,538
Catherine A.
Mahone
2022
--
$
2,046
$
537
$
22,875
--
$
660,000
(7)
$
685,458
Gretchen
Cepek
2022
--
--
$
419
$
22,875
--
--
$
23,294
2021
--
--
$
417
$
21,750
--
--
$
22,167
(4)
Represents reimbursement or payments made to defray the costs of a spouse's travel.
(5)
Represents Milestone Anniversary Program, which pays a bonus at three and five year
                    anniversaries, and then every five years thereafter.
(6)
Represents company matching contribution to the Allianz Supplemental Asset
                    Accumulation Plan for deferrals in excess of IRS compensation limit.
(7)
Represents severance arrangement payable. Ms. Mahone was entitled to a severance
                    arrangement of a lump sum cash payment of $660,000 upon separation.
Performance-Based Incentive Compensation Plans
AIP
The AIP is intended to provide an incentive that will encourage superior individual performance and encourage retention of
                employees who have demonstrated exceptional performance or who are anticipated to significantly contribute to the long-term success of Allianz Life. The AIP seeks to accomplish this purpose by providing a bonus opportunity to eligible
                employees who have made significant contributions during the plan year to the achievement of annual goals and objectives. The guidelines for target awards are meant to be illustrative of competitive market bonuses for similar job levels in
                the marketplace. While the target awards may be used for illustrative, budget planning, or distribution scenarios, all bonus awards are discretionary and are in no way guaranteed.
The Compensation Committee or other duly authorized committee determines allocation of bonus awards to employees. With respect to
                "principal officers" for purposes of the NEC Committee's duties, the NEC Committee recommends to Allianz Life's Board of Directors awards for final approval.
AEI
The AEI is designed to recognize the participant's continuous employment with Allianz Life over the relevant period and shall be an
                incentive to continue employment. Grants under the AEI will generally only be made if the participant is employed with Allianz Life at the date of grant. Payments will be made only if the participant remains employed with Allianz Life
                during the vesting period of the RSU, or leaves employment under circumstances set out in the AEI, including after retirement or early retirement eligibility, disability, or under certain other circumstances. The securities issuable under
                the AEI are RSUs. An RSU constitutes the right to receipt of the market value of Allianz SE common stock at the time of exercise. This amount will be paid in cash. RSUs are subject to a four-year vesting period. At the end of the four-year
                vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life, terminate after retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may
                accelerate if a participant leaves employment under other "good leaver" circumstances set forth in the AEI. The grant at fair value cannot be greater than 165% of a participant's target amount. The maximum value of an exercise is an
                increase of 200% over the grant value (i.e., 300% of the grant value).
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Grants of Plan-Based Awards
The following table provides additional information about plan-based compensation disclosed in the Summary Compensation Table. This
                table includes both equity and non-equity awards granted for the year ended December 31, 2022.
Name
(a)
Grant Date
(b)
Estimated Future Payouts Under
                            Non-Equity
Incentive Plan Awards
(1)
Estimated Future Payouts Under Equity
                            Incentive
Plan Awards
(2,3)
Threshold ($)
(c)
Target ($)
(d)
Maximum ($)
(e)
Threshold ($)
(f)
Target ($)
(g)
Maximum ($)
(h)
Jasmine M. Jirele
3/3/2023
RSUs (under AEI)
$
0
$
1,125,000
$
5,062,500
AIP Award
$
0
$
750,000
$
1,125,000
William E. Gaumond
3/3/2023
RSUs (under AEI)
$
0
$
545,788
$
2,456,046
AIP Award
$
0
$
363,858
$
545,787
Eric J. Thomes
3/3/2023
RSUs (under AEI)
$
0
$
600,310
$
2,701,395
AIP Award
$
0
$
400,207
$
600,311
Neil H. McKay
3/3/2023
RSUs (under AEI)
$
0
$
558,937
$
2,515,217
AIP Award
$
0
$
372,625
$
558,938
Catherine A. Mahone
3/3/2023
RSUs (under AEI)
$
0
$
355,424
$
1,599,406
AIP Award
$
0
$
236,949
$
355,424
Gretchen Cepek
3/3/2023
RSUs (under AEI)
$
0
$
438,485
$
1,973,183
AIP Award
$
0
$
292,323
$
438,485
(1)
The target and maximum columns show the target award and maximum award for 2022 for
                    each NEO under the AIP. There is no threshold amount for any participant in the AIP. The actual 2022 awards granted to the NEOs are listed in the Non-Equity Incentive Compensation column of the Summary Compensation Table. AIP target and
                    maximum awards are a pre-designated percentage of base salary determined at the executive's level.
(2)
RSUs have a vesting schedule as disclosed in the footnotes to the Summary Compensation
                    Table. See "Outstanding Equity Awards at December 31, 2022" for disclosure regarding the number of RSUs that are unvested as of December 31, 2022.
(3)
The target and maximum columns show the target award and maximum award for 2022 for
                    each NEO under the AEI. There is no threshold amount for any participant in the AEI. The actual 2022 awards granted to the NEOs are listed in the Stock Awards column of the Summary Compensation Table.
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Outstanding Equity Awards at December 31, 2022
The following table sets forth the outstanding equity awards at the December 31, 2022 fiscal year-end. The table shows RSUs granted
                pursuant to the AEI.
Name
(a)
RSUs
Number of RSUs
That Have Not
Vested
(g)
(1,2)
Market Value of
RSUs That Have
Not Vested
(h)
(3)
Jasmine M. Jirele
1,467
$
314,730
1,886
$
404,622
2,407
$
516,398
6,195
$
1,329,075
William E. Gaumond
1,538
$
329,963
1,948
$
417,924
1,463
$
313,872
4,471
$
959,208
Eric J. Thomes
457
$
98,045
1,474
$
316,232
3,625
$
777,708
5,031
$
1,079,351
Neil H. McKay
1,731
$
371,369
2,123
$
455,468
2,503
$
536,994
5,362
$
1,150,363
Catherine A. Mahone
1,370
$
293,920
1,689
$
362,358
1,924
$
412,775
3,307
$
709,484
Gretchen Cepek
1,413
$
303,145
1,512
$
324,384
1,789
$
383,812
4,246
$
910,937
(1)
Represents unvested RSUs issued pursuant to the AEI. RSUs issued under the AEI during
                    2022 are subject to a four-year vesting period from the grant date. At the end of the respective vesting period, the RSUs are exercised uniformly for all participants, provided they remain employed by Allianz Life or terminate after
                    retirement or early retirement eligibility, or under certain other circumstances. Vesting and exercise may accelerate if a participant leaves employment under other "good leaver" circumstances set forth in the AEI.
(2)
For each of the NEOs, the number of RSUs listed on the first line were exercised in
                    2023, the RSUs listed on the second line will exercise in 2024, the RSUs listed on the third line will exercise in 2025, and the RSUs listed on the fourth line will exercise in 2026.
(3)
Based on an assumed stock price of $214.54 per share, which was the arithmetic average
                    of the closing prices of an Allianz SE share in the electronic cash market trading system Xetra (or any successor system) on December 30, 2022 and the nine immediately preceding trading days, converted from Euros into U.S. dollars.
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Allianz SE Option Exercises and Stock Grants Vested in 2022
The following table summarizes the value received from Allianz SE stock grants vested during the year ended December 31, 2022.
Name
Stock Awards
Number of
Shares
Acquired
on Vesting (#)
Value Realized
on Vesting ($)
(1)
Jasmine M. Jirele
-
-
William E. Gaumond
2,039
$
458,095
Eric J. Thomes
492
$
110,536
Neil H. McKay
2,203
$
494,941
Catherine A. Mahone
1,750
$
393,167
Gretchen Cepek
1,538
$
345,537
(1)
Represents Allianz SE RSUs that were exercised during 2022 pursuant to the AEI.
                    Amounts realized were paid in cash.
Executive Severance Plan
Executive officers who have the title of Senior Vice President or above and report directly to a senior executive officer at a
                specific level are eligible to receive severance benefits under the Executive Severance Plan if they experience a qualifying termination of employment, meaning an involuntary termination for any reason other than for "cause" with no offer
                of an equivalent position, and otherwise satisfy the conditions set forth in the plan. The purpose of the Executive Severance Plan is to provide severance benefits to executive officers whose employment is involuntarily terminated in a
                qualifying termination of employment in order to assist with job transition. Pursuant to the Executive Severance Plan, eligible executive officers who are involuntarily terminated in a qualifying termination of employment will receive a
                lump sum cash payment equal to one and one-half times their "annual base pay" in effect at the time of termination. Annual base pay, for purposes of this agreement, equals base salary and excludes special payments, such as bonuses, expense
                reimbursements, living, or other allowances. Eligible executive officers would also be entitled to continuation of medical and dental coverage at employee premium rates for a period of 18 months following termination, if the executive
                officer timely elects continuation coverage and pays the required premiums.
The following table shows the lump sum payments that would have been payable to each of our NEOs had they been terminated on
                December 31, 2022 and been eligible for severance payments pursuant to the Executive Severance Plan.
NEOs
Lump Sum Payment
Jasmine M. Jirele
$
1,125,000
William E. Gaumond
$
772,500
Eric J. Thomes
$
843,750
Neil H. McKay
$
780,000
Catherine A. Mahone
-
Gretchen Cepek
$
739,500
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Director Compensation
The following table provides information on compensation paid to the directors of Allianz Life for the year ended December 31,
                2022.
Name
Fees Earned
or Paid in
Cash
($)
(1)
Total
($)
(a)
(b)
(h)
Andreas G. Wimmer
(2)
Chair of the Board
N/A
N/A
Jasmine M. Jirele
(3)
President and Chief Executive
Officer
N/A
N/A
William E. Gaumond
(3)
Senior Vice President, Chief
Financial Officer and Treasurer
N/A
N/A
Walter R. White
(4)
Former President and Chief
Executive Officer; Independent
Director
N/A
N/A
Anna Sophie Herken
(2)(5)
Non-Independent Director
N/A
N/A
Howard E. Woolley
Independent Director
$
60,000
$
60,000
Kevin E. Walker
Independent Director
$
60,000
$
60,000
Udo Frank
Independent Director
$
90,000
$
90,000
(1)
Represents cash compensation provided to our independent directors that is formalized
                    in the Non-Employee Director Compensation Plan for the year ended December 31, 2022.
(2)
Mr. Wimmer and Ms. Herken did not receive any compensation for their services as
                    directors since they are employed by one of our affiliates.
(3)
As employee directors, Ms. Jirele and Mr. Gaumond did not receive any compensation for
                    their service as directors. The compensation Ms. Jirele and Mr. Gaumond received as executive officers of Allianz Life is disclosed in the Summary Compensation Table as set forth herein.
(4)
Mr. White became a non-employee director as of January 1, 2022 following his
                    employment retirement. He was re-elected as an independent director as of May 12, 2022. Mr. White waived his right to director compensation under his Non-Employee Director Agreement, dated January 1, 2022, and the Company's Non-Employee
                    Director Compensation Plan, pursuant to an Amendment to Non-Employee Director Agreement and Waiver effective January 1, 2022 (the "Amendment and Waiver"). The Amendment and Waiver was terminated effective as of January 1, 2023 for any
                    non-employee director compensation Mr. White would be entitled to receive beginning in 2023 under the Non-Employee Director Compensation Plan.
(5)
Ms. Herken served as Director until March 31, 2023.
CEO Pay Ratio
In accordance with SEC rules, we determined the annual total compensation of our median compensated employee and present a
                comparison of that annual total compensation to the annual total compensation of our President and Chief Executive Officer ("CEO"), Jasmine M. Jirele.
•
The 2022 annual total compensation of our CEO was $3,221,935.
•
The 2022 annual total compensation of our median compensated employee was $114,713.
Accordingly, we estimate the ratio of our CEO's annual total compensation to the annual total compensation of our median
                compensated employee for 2022 was 28 to 1.
Determining the Median Compensated Employee
In 2022, we determined the median compensated employee by collecting compensation data for all employees, including full-time,
                part-time, seasonal, and temporary employees, excluding our CEO, employed by the Company as of December 31, 2022. We selected December 31, 2022 as the date upon which we would identify the median employee because it enabled us to make such
                identification in a reasonably efficient manner and it aligns with the methodology used in the other compensation-based disclosures above. As of December 31, 2022, our employee population consisted of 2,214 individuals. We do not have any
                employees who work outside of the U.S.
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We identified our median compensated employee, using total compensation as our compensation measure, which included annual base salary, cash-based
                incentive compensation, long-term incentive compensation, and sales-based incentive compensation earned for 2022, plus employer contributions to the Allianz Asset Accumulation Plan, life insurance premiums, and other compensation.
                Compensation for full-time employees hired after January 1, 2022, was annualized for the full year 2022. We did not make any cost of labor adjustments as the majority of our employees are compensated based upon the cost of labor in
                Minneapolis, MN, the location of our corporate headquarters. We did not include amounts representing employer medical and dental contributions. This methodology was consistently applied to all our employees included in the calculation and
                is consistent with the methodology we use for our NEOs as set forth in the 2022 Summary Compensation Table.
Our pay ratio and compensation amount have been calculated using methodologies and assumptions consistent with SEC rules. The ratio
                and compensation amount may not be directly comparable to those of other companies because the methodologies and assumptions used to identify the median employee and determine that employee's total compensation may vary significantly among
                companies.
Security Ownership of Certain Beneficial Owners and Management
We are an indirect wholly owned subsidiary of Allianz SE. Allianz SE's principal executive offices are located at Königinstrasse
                28, 80802 Munich, Germany. As of June 30, 2023, the directors and executive officers of Allianz Life held less than 1% of Allianz SE's ordinary shares issued and outstanding.
Transactions with Related Persons, Promoters and Certain Control Persons
We are a wholly owned subsidiary of AZOA, which is a wholly owned subsidiary of Allianz Europe B.V. Allianz Europe B.V. is a wholly
                owned subsidiary of Allianz SE, our ultimate parent, which is registered in Munich, Germany.
Business and Operational Risks Relevant to the Contract
As an insurance company, a number of risks may affect our business. However, because the Contract (and any other insurance contract
                that we offer) is a regulated insurance product, as opposed to an investment in our business, many of the risks that may be relevant to an investor in our business are unlikely to be relevant to you. The risks described below are only those
                business and operational risks that are likely to be relevant to you as a purchaser of the Contract.
Risks Primarily Related to Our Financial Strength and Claims-Paying Ability
We make Annuity Payments, pay death benefits, and apply Performance Credits for this Contract from our general account. We also pay
                benefits for other insurance contracts from our general account, and our general account is subject to claims by our creditors. Our ability to make payments from our general account is subject to our financial strength and claims-paying
                ability. The following risks relate to circumstances and events that may negatively affect our general account and, in turn, our financial strength and claims-paying ability.
Financial losses may threaten our financial strength and claims-paying ability.
As an Owner of the Contract, you do not share in the profits and losses generated by our business. However, if we were to
                experience significant losses, we might not have sufficient assets in our general account to satisfy all of our financial obligations under the Contract. Circumstances and events that may result in financial losses include, but are not
                necessarily limited to, the circumstances and events listed below. We cannot predict what specific impact that any of these circumstances or events may ultimately have on our financial strength or claims-paying ability.
•
Difficult Economic Conditions.
Our financial condition is materially affected by conditions in the global capital markets and the economy generally. During an economic downturn, the demand for our financial insurance products and services could be
                    adversely affected. In addition, an economic downturn could cause the number and amount of full and partial withdrawals under our insurance products to increase significantly, and owners of our insurance products may choose to defer
                    making purchase payments or paying insurance premiums or stop them altogether.
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•
Unfavorable Interest Rate Environments.
During periods of declining interest rates, we may experience financial losses as the spread between interest rates that we credit to customers under our insurance products and returns on our investments
                    tighten. A sustained low interest rate environment presents challenges for us and other life insurance companies, as it generally reduces investment returns, raises the value of future obligations, and challenges asset-liability
                    matching. During periods of increasing interest rates, we may experience financial losses due to increases in full and partial withdrawals under our insurance products as our customers choose to forgo insurance protection in favor of
                    potentially higher returns. In an attempt to curb rising inflation, the Federal Reserve and other central banks raised interest rates multiple times in 2022. It is unclear whether and how interest rates will change in future periods.
                    Although we take measures to manage economic risks associated with different interest rate environments, we may not be able to fully mitigate those risks.
•
Losses on Fixed Maturity Investments.
Our fixed maturity investments are subject to interest rate risk and credit risk. Interest rate risk refers to how the values of our fixed maturity investments fluctuate in response to changes in market
                    interest rates. Increases and decreases in prevailing interest rates generally result in decreases and increases, respectively, in the values of our fixed maturity investments. Credit risk refers to the risk that a counterparty will
                    default on its commitments to us under a fixed maturity investment. See "Defaults by Counterparties" below.
•
Losses on Equity Investments.
Our equity investments are generally valued based on quoted market prices and are subject to market risk. Market risk refers to how market prices for equity investments are subject to fluctuation. A downward
                    fluctuation in the market price for an equity investment could result in losses upon the sale of that investment. Fluctuations in market prices may result from, among other things, actual or perceived changes in the attractiveness of
                    specific investments or in general market conditions.
•
Losses on Real Estate Investments.
A portion of our investment portfolio consists of mortgage loans and mortgage-backed securities related to commercial, agricultural and residential real estate. The value of our real estate investments
                    may be negatively impacted by general economic conditions in the real estate sector, including supply and demand, market volatility, interest rate fluctuations, and geographic and extreme weather risks, as well as the creditworthiness
                    of obligors.
•
Losses upon the Sale of Illiquid Investments.
We hold certain investments that may lack liquidity, such as privately placed fixed maturity investments, mortgage loans, collateralized debt obligations, commercial mortgage-backed securities,
                    equity real estate and limited partnership interests. Although we seek to minimize the likelihood that we would need to sell illiquid investments, if we were required to liquidate these investments on short notice, we may have
                    difficulty doing so and may be forced to sell them for less than their fair value.
•
Prolonged and Elevated Inflationary Periods.
During inflationary periods, the value of our fixed maturity investments may fall, see "Losses on Fixed Maturity Investments" above. Inflation also increases expenses, which will negatively
                    impact our financial condition in the event that such additional costs cannot be offset. Prolonged and elevated inflation could adversely affect the financial markets and the economy generally, and dispelling it may require governments
                    to pursue a restrictive fiscal and monetary policy, which could constrain overall economic activity and our growth. During 2022, the economy experienced elevated inflation and inflationary pressures, which may continue for future
                    periods.
•
Loss of Market Share to Competitors.
There is strong competition among insurers, banks, brokerage firms and other financial institutions and providers seeking clients for the types of products and services that we provide. A loss of market
                    share to our competitors could result in financial losses to our business. Our ability to successfully compete is dependent on numerous factors, some of which include the successful implementation of our business strategy, our financial
                    strength, the attractiveness of our products and services, our relationships with distributors, and our reputation. Our ability to compete may also be hindered if our competitors obtain or seek to enforce intellectual property rights
                    against us, or if we are otherwise precluded from offering products or services that are in demand. Our ability to compete may also be hindered if we are not able to protect or enforce our own intellectual property rights.
•
Defaults by Counterparties.
Third-parties that owe us, or hold on our behalf (i.e., custodians), money, securities, or other assets may not fulfill their obligations to us. These parties may include issuers of investments that we may hold,
                    borrowers under loans that we may hold or extend, reinsurers, counterparties under swap and other derivative contracts and other third-parties (e.g., customers, trading counterparties, brokers, dealers, banks, investment funds, clearing
                    agents, exchanges and clearing houses). In addition, with respect to secured transactions, the risk of default may be exacerbated when the collateral held by us, or for us, cannot be fully recovered cannot be liquidated or is liquidated
                    at a price that is not sufficient to cover the full amount owed to us. A party may default on its obligations for a variety of reasons, including bankruptcy, lack of liquidity, downturns in the economy or real estate market and
                    operational failure. General economic conditions and trends may also result in increased defaults.
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•
Impairments of Other Financial Institutions.
We routinely execute transactions with counterparties in the financial services industry, including brokers, dealers, commercial banks, investment banks, insurers, reinsurers and other investment
                    and financial institutions. A disruption to, or decline in the financial condition of, such financial institutions may expose us to financial losses.
•
Payments through Guaranty Associations.
When an insurance company becomes insolvent, state insurance guaranty associations have the right to assess other insurance companies doing business in their state for funds to pay obligations to
                    policyholders of the insolvent company, up to the state-specified limit of coverage. The future failure of a large life, health or annuity insurer could trigger assessments which we would be obligated to pay. Further, amounts for
                    historical insolvencies may be assessed over many years, and there can be significant uncertainty around the total obligation for a given insolvency.
•
Ineffectiveness of Risk Management Policies.
Our risk management policies and procedures intended to identify, monitor and manage economic risks may not be fully effective at mitigating our risk exposure in all market environments or
                    against all types of risk. This could cause us to incur investment losses or cause our hedging and other risk management strategies to be ineffective.
•
Impacts of Climate Change.
We are exposed to economic risks related to climate change. Our financial condition could be negatively impacted by increased costs, or financial losses on investments, arising from various events related to climate
                    change, such as changes in public policy (either contributing to the adverse effects of climate change or promoting adaption to climate change), changes in global investment asset values, systemic risk to financial systems, short-term
                    or long-term market distributions, changes in mortality/morbidity assumptions, changes in consumer behavior, business disruptions, extreme weather events, litigation, increased regulatory requirements, advancements in technology, and
                    longer-term shifts in climate patterns. Climate change could also impact the types of assets in which we invest. For example, as the transition to a lower-carbon, more energy-efficient economy continues, regulators could require us (or
                    we could voluntarily choose) to invest less in carbon-based industries, even though investments in carbon-based industries may have better returns in the short or long term. In addition, real estate investments may expose us to greater
                    climate change risk, as climate change may negatively impact market prices or supply and demand, and may make extreme weather events more likely or frequent. Further, we may not be able to adequately predict and mitigate climate-change
                    risk due to significant uncertainty and unknowns regarding the manifestations and timing of climate-change-driven events, absence of adequate historical data that captures this risk and the dependency of this risk on the extent of the
                    actions taken in the short term by governments, corporations and communities around the world.
•
COVID-19 Pandemic.
The economic conditions and uncertainties during the COVID-19 pandemic have at times negatively impacted our net income, surplus, and capital and liquidity positions. The extent to which a pandemic (including the COVID-19
                    pandemic or a future public health crisis) will impact our business and operations in the future cannot be predicted. Any risk management or contingency plans or preventative measures we take may not adequately predict or address the
                    impact of a pandemic on our business. As such, a pandemic could have a material adverse effect on our financial condition and operations and may also have the effect of heightening the other risks described in this section of the
                    prospectus.
•
Banking Sector Stress
. Recently, in March 2023, multiple banks (such as Silicon Valley Bank and Signature Bank) were placed into receivership or acquired by another bank pursuant to the Federal Deposit Insurance Corporation's regulatory
                    authority. Additional banks appeared to be at risk of failing. These events have elevated concerns among market participants about the liquidity, default, and non-performance risk associated with banks, other financial institutions, and
                    the financial services industry generally, and have added to already adverse market and economic conditions. We continue to closely monitor these events. If more banks or financial institutions enter receivership or become insolvent in
                    the future, there could be a material adverse effect on our business and financial condition.
Changes in applicable law may negatively affect our financial strength and claims-paying ability.
We are subject to detailed and comprehensive regulation and supervision in all the jurisdictions in which we operate. Our operations,
                products and services are subject to varying state and federal laws. In addition, our operations, products and services are regulated by various regulatory authorities and self-regulatory authorities including state insurance departments,
                state securities administrators, state banking authorities, the Securities and Exchange Commission, the Financial Industry Regulatory Authority, the Internal Revenue Service, the Department of Labor, and the U.S. Commodity Futures Trading
                Commission.
Changes to federal and state laws and regulations may materially affect the way in which we conduct our business. We are faced with
                significant challenges due to the fact that our regulatory environment is evolving rapidly. Federal and state governments, including federal and state regulatory authorities, have become increasingly active in the regulation of the
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businesses in which we engage. In addition, federal and state regulatory authorities are assuming active, and in some cases increasingly aggressive,
                roles in interpreting and enforcing laws and regulations related to our business. We cannot predict the potential effects that any new laws or regulations, changes in existing laws or regulations, or the interpretation or enforcement of
                laws or regulations may have on our business, but such changes may negatively affect our financial strength and claims-paying ability.
The Securities and Exchange Commission adopted rules effective on June 30, 2020 (i) imposing a "best interest" standard of care on
                broker-dealers making recommendations to their customers and (ii) requiring broker-dealers and investment advisers to provide a written summary of the relationship between a broker-dealer or investment adviser, as applicable, and its
                customer. It remains unclear the extent to which these rules, and the evolving nature of the enforcement and interpretation of these rules by the Securities and Exchange Commission, could ultimately affect broker-dealers' willingness to
                recommend our registered annuity products. These rules could increase, and to some extent have increased, our overall compliance costs and could also increase our exposure to legal claims in certain circumstances, including an increased
                risk of regulatory enforcement actions or potentially private claims.
Various states have also adopted laws raising the standard of care owed by broker-dealers, investment advisers, or insurance agents
                to their customers. For example, at least 30 states have adopted the National Association of Insurance Commissioners ("NAIC") revisions to its Suitability in Annuity Transactions Model Regulation, which imposes a requirement that any
                recommendation of an annuity product be in the consumer's best interest. Some states have also adopted laws that differ from the NAIC's Suitability in Annuity Transactions Model Regulation but impose similar obligations. As changes are
                adopted by our state regulator(s) and made applicable to us or the third-party firms that distribute our products, they could have an adverse impact on our business. In states that have adopted these increased standards with respect to
                annuity recommendations, this may lead to an increased risk of regulatory enforcement actions or potentially private claims.
Our reserves could be inadequate due to differences between our actual experience and management's estimates and
                assumptions.
We establish and carry reserves to pay future benefits and claims of contract owners. Our reserves are calculated based on a number
                of estimates and assumptions, including estimates and assumptions related to future mortality, morbidity, interest rates, future equity performance, reinvestment rates, persistency, claims experience, and contract owner elections (i.e., the
                exercise or non-exercise of contract benefits). The assumptions and estimates used in connection with the reserve estimation process are inherently uncertain, involve the exercise of significant judgment and reflect evolving information.
                For example, the current rates of mortality and morbidity may continue to improve in the future due to medical and technological advancements that result in contract owners living longer than anticipated. We periodically review the adequacy
                of reserves and the underlying assumptions and make adjustments when appropriate. We cannot, however, determine with precision the amounts that we will pay for, or the timing of payment of, actual benefits and claims or whether the assets
                supporting the contract liabilities will grow to the level assumed prior to payment of benefits or claims. If actual results differ significantly from our estimates and assumptions, our claim costs could increase significantly and our
                reserves could be inadequate. If so, we will be required to increase reserves. However, we cannot be certain that our reserves will ultimately be sufficient to pay future benefits and claims of contract owners.
The amount of statutory capital that we must hold to meet our statutory capital requirements can vary
                significantly from time to time.
Statutory accounting standards and capital and reserve requirements are prescribed by the applicable state insurance regulators and
                the NAIC. State insurance regulators have established regulations that govern reserving requirements and provide minimum capitalization requirements based on risk-based capital ("RBC") ratios for life insurance companies. In any particular
                year, statutory surplus amounts and RBC ratios may increase or decrease depending on a variety of factors, including but not limited to, the amount of statutory income or losses that we generate, changes in reserves, the amount of
                additional capital that we must hold to support business growth, changes in equity market levels, the value of certain fixed-income and equity securities in our investment portfolio, changes in interest rates, and changes to existing RBC
                formulas. Additionally, state insurance regulators have significant leeway in interpreting existing regulations, which could further impact the amount of statutory capital or reserves that we must maintain. There can be no assurance that we
                will be able to maintain our current RBC ratio in the future or that our RBC ratio will not fall to a level that could have a material adverse effect on our business. If we are unable to maintain minimum capitalization requirements, our
                business may be subject to significant increases in supervision and control by state insurance regulators.
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Litigation and regulatory proceedings may negatively affect our financial strength and claims-paying ability.
We have been named as defendants in lawsuits (both class actions and individual lawsuits) and have been involved in various
                regulatory investigations and examinations, and we may be involved in more in the future. These actions arise in various contexts, including in connection with our activities as an insurer, securities issuer, employer, investor, and
                taxpayer. Lawsuits and regulatory proceedings may involve significant amounts of damages (including punitive damages) or fines that we must pay, and certain regulatory authorities involved in regulatory proceedings have substantial power
                over our business operations. An adverse outcome in any lawsuit or regulatory proceeding that results in significant financial losses or operational burdens may negatively affect our financial strength and claims-paying ability.
Reinsurance may not be available or affordable, or may not be adequate to protect against harm to our financial
                strength and claims-paying ability.
As part of our overall risk management strategy, we purchase reinsurance for certain risks underwritten by our various business
                segments. While reinsurance agreements generally bind the reinsurer for the life of the business reinsured at generally fixed pricing, market conditions beyond our control can determine the availability and cost of the reinsurance
                protection for new business. If we are unable to purchase the desired amount of reinsurance protection on acceptable terms, our risk of loss may increase. As our risk of loss increases, so does the risk that we may not be able to meet our
                financial obligations.
Our hedging programs may be inadequate to protect against harm to our financial strength and claims-paying
                ability.
Certain types of insurance and investment products that we offer expose us to risks associated with fluctuations in financial
                markets. Although we use hedging techniques to manage risks associated with our insurance guarantees, increased volatility in the financial markets and unanticipated contract owner behavior may increase the cost of these hedges and/or
                negatively affect our ability to hedge certain risks. We may lose money on the derivatives that we hold as part of our hedging programs or otherwise. Ultimately, our hedging programs may be inadequate to protect us against the full extent
                of the exposure or losses we seek to mitigate, which in turn may negatively impact our financial strength and claims-paying ability.
Downgrades and potential downgrades to our claims-paying and financial strength ratings may signal a higher risk
                that we may be unable to meet our financial obligations, and may themselves negatively affect our financial strength and claims-paying ability.
Our claims-paying and financial strength ratings, which various ratings organizations publish as measures of an insurance company's
                ability to meet contract owner obligations, are important to maintaining public confidence in Allianz Life and our products, and the ability to market our products and services. A downgrade or an announced potential downgrade by credit
                rating agencies in our claims-paying and financial strength ratings may reflect an increased risk that we may not be able to meet our financial obligations. Any such downgrade or potential downgrade may itself harm our financial strength
                and claims-paying ability by causing financial losses to our business. Such losses may be the result of:
•
reductions in new sales of insurance products, annuities and other investment products;
•
increases in our cost of capital or limitations on our access to sources of capital;
•
harm to our relationships with distributors and sales specialists;
•
material increases in the number or amount of full and partial withdrawals under our insurance
                    products;
•
pressure on us to reduce prices or increase crediting rates for many of our insurance products;
                    and
•
harm to our ability to obtain reinsurance or obtain reasonable pricing for reinsurance.
Similarly, credit rating agencies also evaluate the insurance industry as a whole and may change Allianz Life's and other insurance
                companies' financial strength ratings based on the agencies' overall view of the industry. It is possible that Allianz Life's credit rating could be similarly downgraded in the future based on credit rating agencies' evaluation of the life
                insurance industry as a whole due to changes in their view of Allianz Life relative to the industry or a change in their rating assessment methodologies. In addition, downgrades or announced potential downgrades in the financial strength
                ratings of the financial institutions with which we do business may adversely impact our business operations and may cause financial losses to our business.
The evolving landscape of environmental, social and governance standards could adversely affect our reputation or
                business results and could lead to litigation or regulatory proceedings that harm our financial condition.
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Customers, regulators, and other market participants may evaluate our business or other practices according to a variety of environmental, social and
                governance ("ESG") standards, expectations, or metrics, all of which may evolve, may be subjective or underdeveloped in nature, and may reflect contrasting or conflicting values. Standard-setting organizations and regulators including, but
                not limited to, the NAIC, SEC, and state insurance regulators, have proposed or adopted, or may propose or adopt, ESG rules or standards applicable to us. For example, the NAIC has generally modified the Insurer Climate Risk Disclosure
                survey to align with aspects of the Financial Stability Board's Task Force on Climate-Related Financial Disclosures (TCFD) framework, a recognized framework of recommendations that were developed to enhance climate-related disclosures. In
                addition, as , the SEC has proposed new disclosure rules that, if adopted, would generally require a wide range of registered companies, including us, to prepare extensive disclosures and financial information on climate-related risk. Final
                SEC rules have not yet been adopted. Due to the sometimes conflicting, uncertain, and subjective ESG regulatory and market environment, we may be seen as acting inconsistently with ESG standards or values from the perspective of certain
                customers, regulators, or other constituents. As a result, we may face adverse regulatory, customer, media, or public scrutiny related to ESG that potentially could have a negative impact on our business or reputation or lead to legal
                challenges.
Risks Primarily Related to Our Business Operations
Breaches of security, or interference with our technology infrastructure, could harm our business.
Our business relies on technology systems and networks, including systems and networks managed by third parties to process,
                transmit and store information, and to conduct business activities and transactions with clients, distributors, vendors, and other third parties. We are also subject to certain federal and state regulations that require us to establish and
                maintain policies and procedures designed to protect sensitive client information. Maintaining the integrity of our systems is critical to the success of our business operations, including the retention of clients, and to the protection of
                our clients' personal information. To date, we have not identified any material breaches or interference with our systems and networks; however, we routinely encounter and address such threats, including an increasing frequency of phishing
                scams, introductions of malware and unauthorized payment requests. Any such breaches or interference by third parties or by our employees that may in the future occur could have a material adverse impact on our business operations and our
                financial condition.
We have implemented and maintain security measures designed to protect against breaches of security and other interference with
                systems and networks resulting from attacks by third parties, including hackers, and from employee error or malfeasance. We also require third party vendors who, in the provision of services to us, are provided with or process information
                pertaining to our business or our clients to meet certain information security standards. Changes in our technology platforms, such as an evolution to accommodate mobile computing, may also require corresponding changes in our systems,
                networks and data security measures. In addition, the increasing reliance on technology systems and networks and the occurrence and potential adverse impact of attacks on such systems and networks, both generally and in the financial
                services industry, have enhanced government and regulatory scrutiny of the measures taken by companies to protect against cyber-security threats. As these threats, and government and regulatory oversight of associated risks, continue to
                evolve, we may be required to expend additional resources to enhance or expand upon the security measures we currently maintain.
Despite the measures we have taken and may in the future take to address and mitigate these risks, we cannot ensure that our
                systems and networks will not be subject to breaches or interference. Any such event may result in operational disruptions as well as unauthorized access to or the disclosure or loss of our proprietary information or our clients' personal
                information, which in turn may result in legal claims, regulatory scrutiny and liability, reputational damage, the incurrence of costs to eliminate or mitigate further exposure, the loss of clients or other damage to our business. Any such
                event may interfere with, impede or cause delays in our calculation of values, processing of transactions and making of payments under the Contract. In addition, the trend toward broad consumer and general public notification of such
                incidents could exacerbate the harm to our business operations and our financial condition. Even if we successfully protected our technology infrastructure and the confidentiality of sensitive data, we may incur significant expenses in
                responding to any such attacks as well as the adoption and maintenance of appropriate security measures. We could also suffer harm to our business and reputation if attempted security breaches are publicized. We cannot be certain that
                advances in criminal capabilities, discovery of new vulnerabilities, attempts to exploit vulnerabilities in our systems, data thefts, physical system or network break-ins or inappropriate access, or other developments will not compromise or
                breach the technology or other security measures protecting our networks and systems used in connection with our products and services. There may be an increased risk of cyberattacks during periods of geo-political or military conflict.
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The failure to protect our clients' confidential information and privacy could adversely affect our business.
A number of our businesses are subject to privacy regulations and confidentiality obligations, including the Gramm-Leach-Bliley Act
                and state privacy laws and regulations. We also have contractual obligations to protect certain confidential information we obtain from our existing vendors and clients. These obligations generally include protecting such confidential
                information in the same manner and to the same extent as we protect our own confidential information. The actions we take to protect confidential information vary by business segment and may include, among other things:
•
training and educating our employees regarding our obligations relating to confidential
                    information;
•
monitoring changes in state or federal privacy and compliance requirements;
•
drafting appropriate contractual provisions into any contract that raises proprietary and
                    confidentiality issues;
•
maintaining secure storage facilities for tangible records;
•
limiting access to electronic information; and
•
in the event of a security breach, providing credit monitoring or other services to affected
                    customers.
In addition, we must develop, implement and maintain a comprehensive written information security program with appropriate
                administrative, technical and physical safeguards to protect such confidential information. If we do not properly comply with privacy regulations and protect confidential information, we could experience adverse consequences, including
                regulatory sanctions, such as penalties, fines and loss of license, as well as loss of reputation and possible litigation. This could have an adverse impact on our Company's reputation and business results.
Protection from system interruptions and operating errors is important to our business. If we were to experience
                a sustained interruption to our telecommunications or data processing systems or other failure in operational execution could harm our business operations and our business results.
Operating errors and system or network interruptions could delay and disrupt our ability to develop, deliver or maintain our products
                and services, causing harm to our business and reputation and resulting in loss of customers or revenue. Operating errors and system or network interruptions may also interfere with, impede or cause delays in our calculation of values,
                processing of transactions and making of payments under the Contract. Interruptions could be caused by operational failures arising from employee error or malfeasance, interference by third parties (including hackers and other
                cyber-attacks), implementation of new technology, and maintenance of existing technology. Our financial, accounting, data processing or other operating systems and facilities may fail to operate or report data properly, experience
                connectivity disruptions or otherwise become disabled as a result of events that are wholly or partially beyond our control, adversely affecting our ability to process transactions or provide products and services to customers. The cause of
                these interruptions can include fires, floods, earthquakes and other natural disasters, power losses, equipment failures, attacks by third parties, failures of internal or vendor software or systems and other events beyond our control.
In addition, we rely on third party service providers and vendors for certain communications, technology and business functions and
                face the risk of operational failure (including, without limitation, failure caused by an inaccuracy, untimeliness or other deficiency in data reporting), termination or capacity constraints of any of the clearing agents, exchanges,
                clearing houses or other third party service providers that we use to facilitate or are component providers to our transactions and other product manufacturing and distribution activities. These risks are heightened by the evolution in the
                financial markets of increasingly sophisticated products, by business-driven hedging, by compliance issues and by other risk management or investment or by financial management strategies. Any such failure, termination or constraint could
                adversely impact our ability to implement transactions, service our clients, manage our exposure to risk or otherwise achieve desired outcomes.
The occurrence of natural or man-made disasters and catastrophes could adversely affect our business operations
                and our business results.
The occurrence of natural or man-made disasters and catastrophes, including extreme weather events, acts of terrorism, geo-political
                disputes, public health crises (e.g. COVID-19), industrial accident, blackout, cyber-attack, computer virus, insider threat, insurrections and military actions, unanticipated problems with our disaster recovery systems, or a support failure
                from external providers, could adversely affect our business operations and our business results, particularly if those events affect our computer-based data processing, transmission, storage, and retrieval systems or destroy data. Such
                disasters and catastrophes may damage our facilities, preventing our employees from performing their roles or otherwise disturbing our ordinary business operations, and by impacting claims. Such disasters and catastrophes may also impact us
                indirectly by changing the condition and behaviors of our customers, business counterparties and regulators, as well as by causing declines or volatility in the economic and financial markets. Climate change could increase our overall risk
                as
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extreme weather events may become more likely or frequent. We rely on certain third-parties to provide certain services important to our business
                operations. While we monitor the performance of such third-parties, including those with employees who operate remotely, successful implementation and execution of their business continuity strategies are largely outside of our control.
                Weaknesses or failures within a vendor's business continuity plan in light of a natural or man-made disaster or catastrophe could materially disrupt our business operations.
Inadequate or failed processes or systems, human factors or external events may adversely affect our reputation or
                operational effectiveness, as well as our financial condition.
Operational risk is inherent in our business and can manifest itself in various ways, including business interruption, poor vendor
                performance, information systems malfunctions or failures, regulatory breaches, human errors, employee misconduct, external fraud, and inability to recruit, motivate, and retain key employees. These events can potentially result in
                financial loss, harm to our reputation and/or hinder our operational effectiveness. Management attempts to control these risks and keep operational risk at low levels by maintaining a sound and well controlled environment in light of the
                characteristics of our business, markets and regulatory environment in which we operate. Notwithstanding these measures, operational risk is part of the business environment in which we operate, and we may experience operational disruptions
                and incur losses from time to time due to these types of risks.
14.
Financial Statements
The statutory financial statements of Allianz Life Insurance Company of North America as of December 31, 2022 and 2021 and for each
                of the three years in the period ended December 31, 2022 included in Appendix F of this prospectus have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the
                authority of said firm as experts in auditing and accounting.
The unaudited statutory financial statements of Allianz Life Insurance Company of North America as of June 30, 2023 and unaudited
                statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022, as well as the related unaudited statutory statements of operations, capital and surplus and cash flow for the six month periods ended
                June 30, 2023 and June 30, 2022 are also included in Appendix F.
The financial statements of the subaccounts of Allianz Life Variable Account B of Allianz Life Insurance Company of North America
                ("Variable Account B") as of December 31, 2022 are incorporated herein by reference to Variable Account B's
Form N-VPFS
(File No. 811-05618) filed with the SEC have been so incorporated in reliance on the
                report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.
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SM
Variable Annuity Prospectus – October 23, 2023
103
Appendix A – Available
                Indexes
S&P 500
®
Index
The S&P 500
®
Index is comprised of 500 stocks representing major U.S. industrial sectors.
The "S&P 500
®
Index" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Allianz Life Insurance Company of North America ("Allianz"). S&P
®
and S&P 500
®
are trademarks of S&P Global, Inc. or its affiliates ("S&P"); Dow Jones
®
is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow
                Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Allianz. It is not possible to invest directly in an index. Allianz products are not sponsored, endorsed, sold or promoted by SPDJI,
                Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). Neither S&P Dow Jones Indices nor any third party licensors make any representation or warranty, express or implied, to the owners of
                the Allianz products or any member of the public regarding the advisability of investing in securities generally or in Allianz products particularly or the ability of the S&P 500
®
Index to track general market performance. Past performance of an index is not an indication or guarantee of future
                results. S&P Dow Jones Indices' only relationship to Allianz with respect to the S&P 500
®
Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500
®
Index is determined, composed and calculated by S&P Dow Jones Indices
                without regard to Allianz or the Allianz products. S&P Dow Jones Indices have no obligation to take the needs of Allianz or the owners of Allianz products into consideration in determining, composing or calculating the S&P 500
®
Index. S&P Dow Jones Indices have no obligation or liability in
                connection with the administration, marketing or trading of Allianz products. There is no assurance that investment products based on the S&P 500
®
Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC
                is not an investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter" (as defined in the Investment Company Act of 1940, as amended), "expert" as enumerated within 15 U.S.C. § 77k(a) or tax
                advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it
                considered to be investment advice or commodity trading advice.
NEITHER S&P DOW JONES INDICES NOR THIRD PARTY LICENSOR GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF
                THE S&P 500
®
INDEX OR ANY DATA RELATED THERETO OR ANY
                COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR
                DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY ALLIANZ, OWNERS OF
                THE ALLIANZ PRODUCTS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500
®
INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR
                CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P
                DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDIES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO
                THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND ALLIANZ, OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Russell 2000
®
Index
The Russell 2000
®
Index is an equity index that measures the performance of the 2,000 smallest companies in the Russell 3000
®
Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000
®
Index is constructed to provide a comprehensive and unbiased small-cap
                barometer and is completely reconstituted annually to ensure larger stocks do not affect the performance and characteristics of the true small-cap index.
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Appendix A
104
The Russell 2000
®
Index (the "Index") is a trademark of Frank Russell Company ("Russell") and has been licensed for use by Allianz Life Insurance Company of North America ("Allianz"). Allianz products
                are not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies ("LSEG") (together the "Licensor Parties") and none of the Licensor Parties make any claim, prediction, warranty or
                representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the Index (upon which the Allianz product is based), (ii) the figure at which the Index is said to stand at any particular time
                on any particular day or otherwise, or (iii) the suitability of the Index for the purpose to which it is being put in connection with the Allianz product. None of the Licensor Parties have provided or will provide any financial or
                investment advice or recommendation in relation to the Index to Allianz or to its clients. The Index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person
                for any error in the Index or (b) under any obligation to advise any person of any error therein.
Nasdaq-100
®
Index
The NASDAQ-100 Index
®
includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market
®
based on market capitalization.
The Product(s) is not sponsored, endorsed, sold or promoted by Nasdaq, Inc. or its affiliates (Nasdaq, with its affiliates, are
                referred to as the "Corporations"). The Corporations have not passed on the legality or suitability of, or the accuracy or adequacy of descriptions and disclosures relating to, the Product(s). The Corporations make no representation or
                warranty, express or implied to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly, or the ability of the Nasdaq-100 Index
®
to track general stock market performance. The Corporations' only
                relationship to Allianz Life Insurance Company of North America ("Licensee") is in the licensing of the NASDAQ
®
, and Nasdaq-100 Index
®
registered trademarks, and certain trade names of the Corporations and the use of the Nasdaq-100 Index
®
which is determined, composed and calculated by NASDAQ without regard to Licensee or the Product(s). Nasdaq has no obligation to take the needs of the Licensee or the owners of the
                Product(s) into consideration in determining, composing or calculating the Nasdaq-100 Index
®
. The Corporations are not responsible for and have not participated in the determination of the timing of, prices of, or quantities of the Product(s) to be issued or in the determination or calculation of the
                equation by which the Product(s) is to be converted into cash. The Corporations have no liability in connection with the administration, marketing or trading of the Product(s).
THE CORPORATIONS DO NOT GUARANTEE THE ACCURACY AND/OR UNINTERRUPTED CALCULATION OF THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO WARRANTY, EXPRESS
                OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, OWNERS OF THE PRODUCT(S), OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. THE CORPORATIONS MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL
                WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE NASDAQ-100 INDEX
®
OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE CORPORATIONS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR SPECIAL, INCIDENTAL, PUNITIVE,
                INDIRECT, OR CONSEQUENTIAL DAMAGES, EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
EURO STOXX 50
®
The EURO STOXX 50
®
, Europe's leading blue-chip index for the Eurozone, provides a blue-chip representation of supersector leaders in the Eurozone. The index covers 50 stocks from 11 Eurozone countries:
                Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain.
STOXX Limited, Deutsche Börse Group and their licensors, research partners or data providers have no relationship to Allianz Life
                Insurance Company of North America ("Allianz"), other than the licensing of the EURO STOXX 50
®
and the related trademarks for use in connection with Allianz products.
STOXX, Deutsche Börse Group and their licensors, research partners or data providers do
not
:
• sponsor, endorse, sell or promote Allianz products.
• recommend that any person invest in Allianz products or any other securities.
• have any responsibility or liability for or make any decisions about the timing, amount or pricing of Allianz products.
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Appendix A
105
• have any responsibility or liability for the administration, management or marketing of Allianz products.
• consider the needs of Allianz products or the owners of Allianz products in determining, composing or calculating the EURO STOXX 50
                or have any obligation to do so.
STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty, and exclude
                any liability (whether in negligence or otherwise), in connection with the Allianz products or their performance.
STOXX does not assume any contractual relationship with the purchasers of Allianz products or any other third parties.
Specifically,
• STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, express or implied,
                and exclude any liability about:
• The results to be obtained by Allianz products, the owner of Allianz products or any other person in connection with the use of the
                EURO STOXX 50 and the data included in the EURO STOXX 50;
• The accuracy, timeliness, and completeness of the EURO STOXX 50 and its data;
• The merchantability and the fitness for a particular purpose or use of the EURO STOXX 50 and its data;
• The performance of Allianz products generally.
• STOXX, Deutsche Börse Group and their licensors, research partners or data providers give no warranty and exclude any liability,
                for any errors, omissions or interruptions in the EURO STOXX 50 or its data;
• Under no circumstances will STOXX, Deutsche Börse Group or their licensors, research partners or data providers be liable (whether
                in negligence or otherwise) for any lost profits or indirect, punitive, special or consequential damages or losses, arising as a result of such errors, omissions or interruptions in the EURO STOXX 50 or its data or generally in relation to
                Allianz products, even in circumstances where STOXX, Deutsche Börse Group or their licensors, research partners or data providers are aware that such loss or damage may occur.
The licensing Agreement between Allianz and STOXX is solely for their benefit and not for the benefit of the owners of Allianz
                products or any other third parties.
i
Shares
®
MSCI Emerging Markets ETF
The iShares
®
MSCI Emerging Markets ETF distributed by BlackRock Investments, LLC. iShares
®
, BLACKROCK
®
, and the corresponding logos are registered trademarks of BlackRock, Inc. and its affiliates ("BlackRock") and are used under license. These trademarks have been licensed for certain purposes by Allianz Life Insurance Company of
                North America ("Allianz") and its wholly-owned subsidiaries. Products offered by Allianz or its wholly-owned subsidiaries are not sponsored, endorsed, sold or promoted by BlackRock, and purchasers of such products do not acquire any
                interest in the iShares
®
MSCI Emerging Markets ETF nor enter
                into any relationship of any kind with BlackRock. BlackRock makes no representations or warranties, express or implied, to the owners of any products offered by Allianz or its wholly-owned subsidiaries, or any member of the public regarding
                the advisability of purchasing a product from Allianz or its wholly-owned subsidiaries. BlackRock has no obligation or liability for any errors, omissions, interruptions or use of the iShares MSCI Emerging Markets ETF or any data related
                thereto, or with the operation, marketing, trading or sale of any products or services offered by Allianz and its wholly-owned subsidiaries.
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Variable Annuity Prospectus – October 23, 2023
Appendix A
106
Appendix B – Daily
                Adjustment
Generally
We designed the Daily Adjustment to provide an Index Option Value on Business Days other than the Term Start Date or the Term End
                Date. The Daily Adjustment approximates the Index Option Value that will be available on the Term End Date. It is the estimated present value of the future Performance Credit that we will apply on the Term End Date. The Daily Adjustment
                takes into account:
(i)
any Index gains during the Term subject to the applicable Trigger Rate, Cap, and/or
                    Participation Rate,
(ii)
for the Index Dual Precision Strategy, any Index losses less than or equal to the 10% Buffer,
(iii)
either any Index losses greater than the 10%, 20%, or 30% Buffer, or Index losses down to the
                    -10% Floor (not applicable to the Index Protection Strategy with Trigger), and
(iv)
the number of days until the Term End Date.
The Daily Adjustment formula has two primary components, (i) the change in Proxy Value and (ii) accumulated proxy interest, which are
                added together and then multiplied by the Index Option Base. We designed the Daily Adjustment to estimate the present value of positive or negative Performance Credit that will be available on the Term End Date taking into account any
                applicable Buffer, Floor, Trigger Rate, Cap, and/or Participation Rate. You should note that even if your selected Index(es) experience positive growth, the Daily Adjustments may be negative because of other market conditions, such as the
                expected volatility of Index prices and interest rates. Therefore, the Daily Adjustment could result in a loss beyond the protection of the Buffer or Floor. However, the Daily Adjustment for the Index Protection Strategy with Trigger cannot
                be negative. The Daily Adjustment for Index Options with a Term length of more than 1-year may be more negatively impacted by changes in the expected volatility of Index prices than 1-year Term Index Options due the difference in Term
                length. Also, the risk of a negative Daily Adjustment is greater for Index Options with a Term length of more than 1-year than for 1-year Term Index Options because the Buffer is exposed to a longer time period. The impact of the Cap and
                Buffer on the Daily Adjustment for a 1-year Term Index Option is greater than it is for a 3-year or 6-year Term Index Option because we apply the Cap and Buffer for the entire Term length, and the Term length is shorter for a 1-year Term.
Daily Adjustment Formula
The formula for the calculation of the Daily Adjustment is as follows:
Daily Adjustment = [(a) change in Proxy Value + (b) proxy interest] x Index Option Base
Where:
(a)
change in Proxy Value = (current Proxy Value – beginning Proxy Value)
(b)
proxy interest = beginning Proxy Value x (1 – time remaining during the Term)
Calculating Change in Proxy Value
The change in Proxy Value represents the current hypothetical value of the Proxy Investment (current Proxy Value), less the cost of
                the Proxy Investment on the Term Start Date (beginning Proxy Value).
The current Proxy Value is the Proxy Value calculated on the same day as the Daily Adjustment. The beginning Proxy Value is the Proxy
                Value calculated on the Term Start Date.
The Proxy Value is calculated differently for each Crediting Method.
For the
Index Dual
                Precision Strategy
, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:
[Trigger Rate x (in-the-money binary call)] – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the in-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value divided by the Index Value on the Term Start Date is greater than -10%, and the out-of-the-money put to value the potential for Index losses greater than the 10% Buffer. It is important
                to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is because the risk that the Index Value
                could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date.
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Appendix B
107
For the
Index Precision Strategy
, the Proxy Value involves tracking two hypothetical derivatives and is calculated using the following formula:
[Trigger Rate x (at-the-money binary call)] – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the at-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date, and the out-of-the-money put to value the potential for Index losses greater than the 10% Buffer for the Index
                Precision Strategy. It is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is
                because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date.
For the
Index Guard
                Strategy
, the Proxy Value involves tracking four hypothetical derivatives and is calculated using the following formula:
Proxy Value = (at-the-money call) – (out-of-the-money call) – (at-the-money put) + (out-of-the-money put)
With respect to our Proxy Value formula, we designed the at-the-money call and out-of-the-money call to value the potential for
                Index gains up to the Cap and the at-the-money put to value the potential for Index losses, but add back the out-of-money put to mimic the protection of the -10% Floor for the Index Guard Strategy. It is important to note that the
                at-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. It is also important to note that the out-of-money put will almost
                always reduce, and never exceed, the negative impact of the at-the-money put for the Index Guard Strategy.
For the
Index
                Performance Strategy
, the Proxy Value involves tracking three hypothetical derivatives and is calculated using the following formula:
Proxy Value = (at-the-money call) – (out-of-the-money call) – (out-of-the-money put)
With respect to our Proxy Value formula, we designed the at-the-money call and out-of-the-money call to value the potential for
                Index gains subject to any applicable Participation Rate up to the Cap, and the out-of-the-money put to value the potential for Index losses greater than the 10%, 20%, or 30% Buffer for the Index Performance Strategy. Similar to the Index
                Precision Strategy, it is important to note that the out-of-the-money put will almost always reduce the Daily Adjustment, even when the current Index price on a Business Day is higher than the Index Value on the Term Start Date. This is
                because the risk that the Index Value could be lower on the Term End Date is present to some extent whether or not the current Index price on a Business Day is lower than the Index Value on the Term Start Date. For purposes of the Proxy
                Value formula the value of the out-of-the-money call will be zero if an Index Option is uncapped.
For the
Index Protection
                Strategy with Trigger
, the Proxy Value involves tracking one hypothetical derivative and is calculated using the following formula:
Proxy Value = Trigger Rate x (at-the-money binary call)
With respect to our Proxy Value formula, we designed the at-the-money binary call to value the potential for gains equal to the
                Trigger Rate if on the Term End Date, the Index Value is greater than or equal to the Index Value on the Term Start Date.
Calculating Proxy Interest
The proxy interest is an amount of interest that is earned to provide compensation for the cost of the Proxy Investment on the Term
                Start Date. The proxy interest is approximated by the value of amortizing the cost of the Proxy Investment over the Term to zero. The formula for proxy interest involves the calculation of (i) the beginning Proxy Value (the formula for
                which varies depending on the Crediting Method, as previously discussed) and (ii) the time remaining during a Term. The time remaining during a Term is equal to the number of days remaining in the Term divided by the Term length. Term
                length equals the number of days from the Term Start Date to the Term End Date. The proxy interest may be significantly different from current interest rates available on interest bearing investments.
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Appendix B
108
Additional Information
You can find a more detailed explanation of the calculation of the Proxy Value, including examples, in Exhibit 99 of the Form S-1
                Registration Statement filed with the SEC, of which this prospectus is a part. This Exhibit is incorporated by reference into this prospectus. You can obtain a copy of Exhibit 99 by calling (800) 624-0197, or visiting our website at
                allianzlife.com.
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Appendix B
109
Appendix C – Rider Fee
                Calculation Example
Please note that this example may differ from your actual results due to rounding.
You purchase a Contract with the Maximum Anniversary Value Death Benefit. On the Quarterly Contract Anniversary your annual rider fee
                is 0.20% and your Contract Value and Charge Base are $100,000. This Contract Value includes any gains or losses on the AZL Government Money Market Fund (if applicable) and any Daily Adjustments or Performance Credits on the Index Options.
                During the quarter you make no additional Purchase Payments and take no withdrawals. We calculate the daily rider fee amount for this quarter as follows:
(the Charge Base) x (annual rider fee ÷ 365) = daily rider fee amount, or:
$100,000 x (0.20% ÷ 365) = $0.55
If there are 89 days in the current quarter (which includes the next Quarterly Contract Anniversary), then the total quarterly rider
                fee is:
(number of days in the current quarter) x (daily rider fee amount), or: 89 x $0.55 = $48.77
On the next Quarterly Contract Anniversary we would deduct $48.77 from the Contract Value. We first account for any gains/losses on
                the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Performance Credits to the Index Option Values, then process any additional Purchase Payments, withdrawals you take, and deductions we make for the total
                quarterly rider fee. We then set the Charge Base equal to this new Contract Value. If the Contract Value at the end of the day on the Quarterly Contract Anniversary after all processing is $101,250 we would begin computing the daily rider
                fee for the next quarter on the next day as:
(the Charge Base) x (annual rider fee ÷ 365) = daily rider fee amount, or: $101,250 x (0.20% ÷ 365) = $0.55
If you make an additional Purchase Payment of $15,000 on the 43rd day of the next quarter, your Charge Base would increase by the
                dollar amount of the payment to $116,250 ($101,250 + $15,000). We would then use this new Charge Base to begin computing the daily rider fee for the remainder of the quarter on the next day as:
(the Charge Base) x (annual rider fee ÷ 365) = daily rider fee amount, or: $116,250 x (0.20% ÷ 365) = $0.64
If there are 92 days in the current quarter (which includes the next Quarterly Contract Anniversary), then the total quarterly rider
                fee is:
(number of days in the current quarter) x (daily rider fee amount), or:
(43 x $0.55) + (49 x $0.64) = $23.86 + $31.21 = $55.07
On the next Quarterly Contract Anniversary we would deduct $55.07 from the Contract Value after we account for any gains/losses on
                the AZL Government Money Market Fund (if applicable) and add any Daily Adjustments or Performance Credits to the Index Option Values. We would then process any additional Purchase Payments, withdrawals you take, and deductions we make for
                the total quarterly rider fee and set the Charge Base equal to this new Contract Value and begin computing the daily rider fee for the next quarter on the next day.
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110
Appendix D – Material
                Contract Variations by State
Your Contract is subject to the law of the state in which it is issued. Some of the features of your Contract may differ from the
                features of a Contract issued in another state because of state-specific legal requirements. In addition, not all features and benefits are approved in all states. All material state variations in the Contract are disclosed in this
                Appendix. If you would like more information regarding state specific Contract provisions, you should contact your Financial Professional or contact our Service Center at the toll-free telephone number listed at the back of this prospectus.
Crediting Method and/or Index Option Availability Restrictions
Crediting Method / Index Options
Availability Restrictions:
Index Dual Precision Strategy available only to Contracts issued on or
after November 14, 2023
– Not available to Contracts issued before November 14, 2023.
– Not available to Contracts issued in Idaho, Indiana, Louisiana,
Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey,
Virginia, and Wyoming.
– For Contracts issued in all other states, this Crediting Method first
became available to newly issued Contracts on November 14,
2023.
Index Performance Strategy 1-year Term with 20% Buffer or 30%
Buffer available only to Contracts issued on or after November 14,
2023
– Not available to Contracts issued before November 14, 2023.
– Not available to Contracts issued in Idaho, Indiana, Louisiana,
Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey,
Virginia, and Wyoming.
– For Contracts issued in all other states, these first became
available to newly issued Contracts on November 14, 2023.
Index Performance Strategy 6-year Term with 20% Buffer available
only to Contracts issued on or after November 14, 2023
– Not available to Contracts issued before November 14, 2023.
– Not available to Contracts issued in Idaho, Indiana, Louisiana,
Maryland, Missouri, Montana, Nebraska, Nevada, New Jersey,
Virginia, and Wyoming.
– For Contracts issued in all other states, these first became
available to newly issued Contracts on November 14, 2023.
Material State Contract Variations
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
California
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of ownership
.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Free Look/Right to Examine
Period
See section 3
For Owners age 60 or older (or Annuitants age 60 or older for
non-individually owned Contracts), we are required to allocate your
                            initial
Purchase Payment to the AZL Government Money Market Fund during the
30 day free look period unless you specify otherwise on the appropriate
form. If you want to immediately apply your Purchase Payment to the
                            Index
Options you must opt out of this allocation. If you do not opt out of
                            this
allocation to the AZL Government Money Market Fund your Index Effective
Date cannot occur until the free look period has ended.
Waiver of Withdrawal Charge
Benefit
See section 7
• Qualification for the portion of the benefit based on confinement for
                            care
requiring a stay in an eligible facility is not available.
• Qualification for the benefit is expanded to include requiring
                            substantial
supervision due to severe cognitive impairment.
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Appendix D
111
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
Connecticut
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We can only restrict assignments to settlement
                            companies and
institutional investors as described in your Contract
.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Florida
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of
                            ownership.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Free Look/Right to Examine
Period
See section 3
We cannot allocate your initial Purchase Payment to the AZL Government
Money Market Fund during the free look period.
When Annuity Payments
Begin
See section 8
The earliest acceptable Annuity Date is the first Index Anniversary.
Massachusetts
Waiver of Withdrawal Charge
Benefit
See section 7
This benefit is not available.
Montana
Access to Your Money
See section 7
If you take a partial withdrawal that reduces the Contract Value below
$2,000, we contact you and give you the option of modifying your
                            withdrawal
request. If we cannot reach you within seven days of our receipt of
                            your
request in Good Order at our Service Center, we process your request as
                            a
full withdrawal.
Ohio
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of
                            ownership.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Pennsylvania
Waiver of Withdrawal Charge
Benefit
See section 7
The requirement to begin confinement after the first Contract
                            Anniversary in
an eligible facility (a hospital, nursing facility, or assisted living
                            facility) is at
least 90 days provided each day of confinement is no more than 6 months
after the previous day of confinement.
Texas
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of
                            ownership.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Access to Your Money
See section 7
We only treat a partial withdrawal that reduces the Contract Value
                            below
$2,000 as a full withdrawal if you have not made an additional Purchase
Payment in the past two calendar years.
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
Appendix D
112
ISSUE STATE
FEATURE AND BENEFITS
VARIATION
Wisconsin
Assignments, Changes of
Ownership and Other
Transfers of Contract Rights
See section 2
We cannot restrict assignments or changes of
                            ownership.
• We do not change the Determining Life (Lives) following an assignment
                            or
ownership change. If you assign the Contract and the Determining Life
(Lives) are no longer an Owner (or Annuitant if the Owner is a
non-individual) the Traditional Death Benefit or Maximum Anniversary
Value Death Benefit may not be available and on the Owner's death the
Beneficiary(s) will only receive the Contract Value.
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
Appendix D
113
Appendix E – Variable
                Investment Option Under the Contract
The following includes information about the AZL Government Money Market Fund. More information about the AZL Government Money Market
                Fund is available in the fund's prospectus, which may be amended from time to time and can be found online at allianzlife.com/variableoptions. You can also request this information at no cost by calling (800) 624-0197, or by sending an
                email request to contact.us@allianzlife.com.
The current expenses and performance information below reflects fees and expenses of the AZL Government Money Market Fund, but do not
                reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. The AZL Government Money Market Fund's past performance is not necessarily an
                indication of future performance.
Investment Objectives
Variable Investment Option
and
Adviser/Subadviser
Current
Expenses
Average Annual Total Returns
(as of December 31, 2022)
1 Year
5 Years
10 Years
Current income consistent with
stability of principal
AZL
®
Government Money
Market Fund
(1)
Adviser: Allianz Investment
Management LLC
Subadviser: BlackRock
Advisors, LLC
0.87%
0.78%
0.68%
0.35%
(1)
The AZL
®
Government Money Market Fund's annual expenses reflect a temporary fee reduction.
                    Please see the AZL
®
Government
                    Money Market Fund's prospectus for information regarding the expense reimbursement or fee waiver arrangement.
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
Appendix E
114
Appendix F – Unaudited
                Selected Financial Data and Statutory Financial Statements
Management's Discussion and Analysis of Financial Condition and Results of Operations (For
                the 6 month period ending June 30, 2023)
The following discussion of our financial condition and results of operations should be read in conjunction with
                our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are subject to risks, uncertainties and other factors,
                as described in "Risk Factors" and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and opportunities in the remainder of 2023 and beyond to
                differ materially from those expressed in, or implied by, those forward-looking statements. See "Forward-Looking Statements."
Unaudited Statutory Financial Statements as of June 30, 2023
The following unaudited statutory financial statements of Allianz Life Insurance Company of North America as of
                June 30, 2023 and unaudited statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022, as well as the related unaudited statutory statements of operations, capital and surplus and cash flow for
                the six month periods ended June 30, 2023 and June 30, 2022 are included in this Appendix.
Management's Discussion and Analysis of Financial Condition and Results of Operations (For
                the 12 month period ending December 31, 2022)
The following discussion of our financial condition and results of operations should be read in conjunction with
                our statutory financial statements and notes to those statements included in this Appendix. The discussion and analysis in this Appendix includes certain forward-looking statements that are subject to risks, uncertainties and other factors,
                as described in "Risk Factors" and elsewhere in this prospectus, that could cause our actual growth, results of operations, performance, financial position and business prospects and opportunities in 2023 and beyond to differ materially
                from those expressed in, or implied by, those forward-looking statements. See "Forward-Looking Statements."
Statutory Financial Statements as of December 31, 2022
The statutory financial statements of Allianz Life Insurance Company of North America as of December 31, 2022 and 2021 and for each
                of the three years in the period ended December 31, 2022 included in this Appendix F have been so included in reliance on the report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of
                said firm as experts in auditing and accounting. The principal business address of PricewaterhouseCoopers LLP is 45 South Seventh Street, Suite 3400, Minneapolis, MN.
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
Appendix F
115
Part I
Item 11(f).
Selected Financial Data
(dollars in millions, unless otherwise stated)
The following table sets forth the Company's selected historical financial
          data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of
          Operations" and the Company's Statutory Financial Statements.
These historical results are not necessarily indicative of results to be
          expected for any future period.
Period ended
Selected income data
June 30, 2023
December 31, 2022
December 31, 2021
December 31, 2020
December 31, 2019
Premium and annuity considerations*
$
9,156
14,427
14,291
10,542
13,029
Net investment income
2,310
4,544
4,866
4,864
4,839
Ceded reinsurance
                  reserve and expense adjustments
(745)
(545)
639
(45)
329
Fees from separate accounts
222
488
574
567
613
Other income
141
(503)
(32)
694
(13)
Total
                  income
11,084
18,411
20,338
16,622
18,797
Policyholder benefits
                  and surrenders
5,752
8,499
10,876
10,343
10,368
Change in aggregate reserves
2,917
3,113
4,316
2,465
1,034
General and
                  administrative and commission
1,351
2,236
2,195
1,739
1,878
Net transfers to separate accounts
208
1,732
2,424
1,460
5,254
Total
                  benefits and other expenses
10,228
15,580
19,811
16,007
18,534
Income tax expense (benefit)
394
(2)
1,091
18
773
Net realized capital
                  (loss) gain
(194)
(1,986)
1,856
142
1,053
Net income
$
268
847
1,292
739
543
Capital and Surplus:
Change in unrealized capital gain (loss)
408
(516)
(142)
(61)
719
Dividends to parent
(175)
(4,100)
(900)
(750)
(325)
Other change in capital & surplus
(87)
(421)
2,794
(220)
441
Net change in
                  capital & surplus
$
414
(4,190)
3,044
(292)
1,378
*Includes premiums and annuity and
                  supplementary contract considerations.
As of
Selected balance sheet
                  data
June 30, 2023
December 31, 2022
December 31, 2021
December 31, 2020
December 31, 2019
Total cash and invested assets
$
121,210
115,664
122,829
125,229
121,870
Investment income due
                  and accrued
1,353
1,273
947
1,040
1,031
Other admitted assets
2,125
1,684
1,480
1,218
945
Separate account assets
50,176
43,502
48,279
45,901
34,638
Total
                  admitted assets
174,864
162,123
173,535
173,388
158,484
Total policyholder
                  liabilities
107,893
105,229
103,933
109,353
107,098
Other liabilities
9,866
6,877
10,618
10,473
8,794
Separate account liabilities
50,176
43,502
48,279
45,901
34,638
Total
                  liabilities
167,935
155,608
162,830
165,727
150,530
Total capital
                  and surplus
$
6,929
6,515
10,705
7,661
7,954
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 1 of 18
Item 11(h).
Management's Discussion and Analysis of Financial Condition and Results of
          Operations
The following discussion and analysis provides an assessment by management
          of the Company's financial condition as of June 30, 2023, compared with December 31, 2022, and its results of operations for the six months ended June 30, 2023 and 2022, respectively. The information contained herein should be read in conjunction
          with the June 30, 2023 unaudited Statutory Financial Statements, the financial statements, notes, exhibits and schedules in the 2022 Annual Statement and the December 31, 2022 audited Statutory Financial Statements of the Company. Amounts are
          presented on a non-consolidated basis in accordance with Statutory Accounting Principles (SAP).
Forward-looking Statements
This report reviews the Company's financial condition and results of
          operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include "forward-looking statements" within the meaning of the Private Securities
          Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like "believe", "expect",
          "estimate", "project", "budget", "forecast", "anticipate", "plan", "will", "shall", "may", and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are cautioned not
          to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.
Company Overview
Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
          (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company's ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company domiciled in
          the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed annuities, and
          individual ordinary fixed-indexed universal life (FIUL) products. The Company's products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed registered
          representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of fixed and variable annuities, individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not
          actively issue new policies related to these products.
The Company has organized its principal operations into the following
          segments: Individual Annuities, Life, and Legacy.
Individual Annuities
The Individual Annuities segment provides tax-deferred investment growth
          and lifetime income opportunities for our customers through fixed, fixed-indexed, variable-indexed and variable products. The "fixed" and "variable" classifications describe whether we or the contractholders bear the investment risk of the assets
          supporting the contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual Annuity products are sold
          through both independent distribution channels made up of agents and registered representatives.
Fixed annuities provide guarantees related to the preservation of principal
          and interest credited. In 2023, sales of our fixed-indexed annuity products were higher than the prior year due to a 2023 sales promotion for the Allianz Benefit Control®, Core Income 7® Annuity and Essential Income 7® Annuity products (the 2023
          sales promotion) and a favorable market environment.
Variable annuities allow the contractholder to make deposits into various
          investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable
          annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits
          shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account
          option that is similar to a fixed-indexed annuity. In 2023, sales of variable-indexed annuities were consistent with prior year results.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 2 of 18
Life
Our life insurance products provide flexibility and control over a person's
          assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products. Deposits are
          credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow for the last several
          years and was driven by strong product proposition.
Legacy
The Legacy business consists of closed blocks of LTC and Special Markets
          products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate additional
          resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of these product
          lines is not material enough to warrant discussion as separate operating segments.
Income and Expense Allocation
We maintain segregated investment portfolios for the Company but do not
          maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by
          segment are not included herein.
Income and expense related to assets backing policyholder reserves are
          allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are
          allocated to the segments based on estimated required capital levels for each segment.
Basis of Presentation
The Statutory Financial Statements have been prepared in accordance with
          accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and reporting the
          financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC) Accounting Practices and
          Procedures Manual as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects from
          accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.
The preparation of Statutory Financial Statements in conformity with NAIC
          SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of June 30, 2023, and December 31, 2022
          and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates
          used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
Adoption of New Financial Accounting Standards
The Company has not adopted any new accounting pronouncements during the
          periods ended June 30, 2023, and December 31, 2022.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 3 of 18
Application of Critical Accounting Policies
Our accounting policies require management to make interpretative and
          valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
          entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be
          found in Note 2 of the accompanying Statutory Financial Statements and are summarized below.
Accounting for Investments
Investment valuation and presentation are determined to be in accordance
          with methods prescribed by the NAIC. See Note 3 and 4 of the June 30, 2023 unaudited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.
Derivatives
See Note 3 and 4 of the June 30, 2023 unaudited Statutory Financial
          Statements for additional information regarding our derivatives and hedging instruments.
Reinsurance
See Note 6 of the June 30, 2023 unaudited Statutory Financial Statements
          for additional information regarding reinsurance agreements we have entered into during six months ended June 30, 2023 to manage insurance risk.
Income Taxes
See Note 5 of the June 30, 2023 unaudited Statutory Financial Statements for a reconciliation
          of the federal income tax rate to the actual effective rate.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 4 of 18
Results of Operations
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Income:
Premium and annuity considerations*
$
9,156
7,352
$
1,804
24.5
%
Net investment income
2,310
2,285
25
1.1
Ceded reinsurance reserve and expense adjustments
(745)
(239)
(506)
(211.7)
Fees from separate accounts
222
254
(32)
(12.6)
Other income
141
(473)
614
129.8
Total income
11,084
9,179
1,905
20.8
Benefits and other expenses:
Policyholder benefits and surrenders
5,752
4,120
1,632
39.6
Change in aggregate reserves
2,917
1,799
1,118
62.1
General and administrative and commission
1,351
1,083
268
24.7
Net transfers to separate accounts
208
851
(643)
NM**
Total benefits and other expenses
10,228
7,853
2,375
30.2
Pretax income (loss)
856
1,326
(470)
(35.4)
Income tax expense (benefit)
394
(273)
667
244.3
Net realized capital gain (loss)
(194)
(1,496)
1,302
87.0
Net income
$
268
103
$
165
160.2
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
408
(460)
$
868
188.7
Dividends to parent
(175)
(4,100)
3,925
95.7
Other change in capital & surplus
(87)
(112)
25
22.3
Net change in capital & surplus
$
414
(4,569)
$
4,983
109.1
%
*Includes

                  premiums and annuity and supplementary contract considerations.
**NM - Not meaningful.
Six Months Ended June 30, 2023
Compared to Six Months Ended June 30, 2022
Overview
The increase in capital and surplus was primarily driven by spread margin
          from Fixed-indexed annuities, impacts from positive equity markets, and a lower dividend payment to AZOA.
Income
•
Premium and annuity considerations
: Individual Annuities premiums and annuity considerations increased primarily due to higher fixed-indexed annuity premium driven by the 2023 sales promotion within the Individual Annuities
          segment. The Life segment increased as a result of an increase in first year and renewal premiums on Life Pro Plus Advantage® due to a growing block of business.
•
Net investment income:
Net investment income slightly increased primarily due to growth in the fixed-indexed annuity block of business, higher investments yields, and an increase in Life average invested assets. These impacts were partially offset
          by decreases in investment income on the traditional variable annuity line of business.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to ceded Modco activity including reserves, investment income, option values and realized gains & losses, as a
          result of favorable market activity.
•
Fees from separate accounts
: Fees from separate accounts slightly decreased primarily due to lower separate account assets on the traditional variable annuity block of business.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 5 of 18
•
Other income:
Other income increased primarily due to changes in the effective portion of interest rate swaps that hedge cash flows for traditional variable annuities. This activity is driven by interest rates, which
          decreased slightly in 2023, compared to a significant increase in 2022.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in surrenders within both the Individual Annuity and Life segments as well as an increase in death claims
          within the Life segment.
•
Change in aggregate reserves:
Change in aggregate reserves increased primarily in the Individual Annuities segment due to an increase in fixed reserves due to increases in premium as a result of the 2023 sales
          promotion and an increase in index crediting, partially offset by a decrease in variable annuity reserves due to positive equity market movements. Reserves also increased in the Life segment due to the establishment of a voluntary reserve,
          partially offset by a decrease in index credit levels as a result of year-over-year market movements as policies reach their anniversaries.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium from the sale of fixed-indexed annuities in
          the Individual Annuity segment. Expenses in the Life segment also increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.
•
Net transfers to separate accounts:
Net transfers to separate accounts are driven by new premium and offset by contractholder withdrawals, and decreased due to increased surrenders in the Individual Annuities segment.
•
Income tax expense (benefit)
: There is a federal income tax expense in 2023 and a tax benefit in 2022 due to impacts from realized and unrealized gains on derivatives hedging liabilities in the Company's Individual
          Annuity and Life segments.
•
Net realized capital gain (loss):
Net realized capital losses decreased due to gains on derivatives hedging fixed-indexed annuities and life products, partially offset by losses on derivatives hedging
          variable-indexed annuities as a result of an increase in equity markets.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital gains are primarily due to gains on derivatives used to hedge product liabilities on fixed-indexed annuities in the Individual Annuities segment and the Life segment,
          partially offset by losses on derivatives hedging variable-indexed annuities in the Individual Annuities segment.
•
Dividends
: Dividends paid to parent were significantly lower in 2023, as dividends in 2022 were driven by a reinsurance transaction from Q4 2021 that allowed excess capital to be paid out.
•
Other change in capital and surplus:
Other change in capital and surplus is negative, and is driven by amortization of gains on reinsurance transactions. This activity is capital neutral, as it is amortized into earnings
          through the Ceded reinsurance reserve and expense adjustments line item.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 6 of 18
Individual Annuities
Segment Results of Operations
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Income:
Premium and annuity considerations*
$
8,282
6,587
$
1,695
25.7
%
Net investment income
2,053
2,047
6
0.3
Ceded reinsurance reserve and expense adjustments
(748)
(241)
(507)
(210.4)
Fees from separate accounts
222
254
(32)
(12.6)
Other income
138
(469)
607
129.4
Total income
9,947
8,178
1,769
21.6
Benefits and other expenses:
Policyholder benefits and surrenders
5,542
3,968
1,574
39.7
Change in aggregate reserves
2,092
1,250
842
67.4
General and administrative and commission
1,116
898
218
24.3
Net transfers to
                  separate accounts
208
853
(645)
(75.6)
Total benefits and other expenses
8,958
6,969
1,989
28.5
Pretax income
989
1,209
(220)
(18.2)
Income tax expense (benefit)
456
(249)
705
283.1
Net realized capital gain (loss)
(230)
(1,260)
1,030
81.7
Net income
$
303
198
$
105
53.0
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
292
(341)
$
633
185.6
%
Other change in capital & surplus
(98)
(105)
7
6.7
Net change in capital & surplus
$
497
(248)
$
745
300.4
%
*Includes premiums and annuity and supplementary contract considerations.
Selected Operating Performance Measures
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Individual Annuities
Deposits
$
8,812
6,860
$
1,952
28.5
%
Inforce
144,704
136,371
8,333
6.1
Deposits and inforce amounts in the table above are for direct and assumed
          business. Deposits reflect amounts collected on both new and renewal business. Inforce represents account values of the annuity. In 2023, sales of our fixed-indexed annuity products were higher than the prior period due to the 2023 sales
          promotion.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 7 of 18
Change in Key Market Factors
Our Individual Annuities segment is impacted by various market impacts and
          movements which are summarized below:
Six months ended June 30,
% change
2023
2022
2023 - 2022
Stock Index
S&P 500
15.91%
(20.58)%
36.49%
NASDAQ 100
38.75%
(29.51)%
68.26%
BUDBI
5.06%
(11.25)%
16.31%
BUDBI II
4.82%
(9.42)%
14.24%
Six months ended June 30,
Basis point (bps) change
2023
2022
2023 - 2022
Interest Rates
Swap rate - 10 year
3.84%
3.01%
83 bps
Swap rate - 20 year
3.72%
3.10%
62 bps
Six Months Ended June 30, 2023
Compared to Six Months Ended June 30, 2022
Overview
The Individual Annuities segment net increase in capital and surplus was
          primarily driven by spread margin from Fixed-indexed annuities, and impacts from positive equity markets.
Income
•
Premium and annuity considerations
: Premium and annuity considerations increased primarily due to higher fixed-indexed annuity premium driven by the 2023 sales promotion, partially offset by lower variable-indexed annuity sales.
•
Net investment income:
Net investment income slightly increased primarily due to growth in the fixed-indexed and variable annuity blocks of business, partially offset by decreases in allocated investment income from corporate.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to ceded Modco activity including reserves, investment income, option values and realized gains &
          losses, as a result of favorable market activity.
•
Fees from separate accounts
: Fees from separate accounts slightly decreased primarily due to lower separate account assets on the traditional variable annuity block of business.
•
Other income:
Other income increased primarily due to changes in the effective portion of interest rate swaps that hedge cash flows for traditional variable annuities. This activity is driven by interest rates, and rates
          decreased slightly in 2023, compared to a significant increase in 2022.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in surrenders on both the fixed and variable annuity lines of business.
•
Change in aggregate reserves:
Change in aggregate reserves increased primarily due to an increase in fixed reserves due to increases in premium as a result of the 2023 sales promotion and an increase in index crediting due to positive equity market
          movements. This impact was partially offset by a decrease in variable annuity reserves due to positive equity market movements.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commission expense as a result of higher premium from the sale of fixed-indexed annuities.
•
Net transfers to separate accounts:
Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to increased surrender benefits and withdrawals for variable annuity
          contracts.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 8 of 18
•
Net realized capital gain (loss):
Net realized capital losses decreased due to gains on derivatives hedging fixed-indexed annuities, partially offset by losses on derivatives hedging variable-indexed annuities as a result of an increase in
          equity markets.
•
Income tax expense (benefit)
: Income tax expense increase is driven by the pre-tax items discussed above and is allocated to segments based on the Company's effective rate.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital gains are primarily due to gains on derivatives used to hedge product liabilities on fixed-indexed annuities, partially offset by losses on derivatives hedging
          variable-indexed annuities.
•
Other change in capital and surplus:
Other change in capital and surplus is negative, and is driven by amortization of gains on reinsurance transactions. This activity is capital neutral, as it is amortized into earnings
          through the Ceded reinsurance reserve and expense adjustments line item.
Life
Segment Results of Operations
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Income:
Premium and annuity considerations
$
785
679
$
106
15.6
%
Net investment income
176
159
17
10.7
Ceded reinsurance reserve and expense adjustments
(1)
(2)
1
50.0
Other income
2
(2)
4
200.0
Total income
962
834
128
15.3
Benefits and other expenses:
Policyholder benefits and surrenders
144
96
48
50.0
Change in aggregate
                  reserves
709
447
262
58.6
General and administrative and commission
215
181
34
18.8
Total benefits
                  and other expenses
1,068
724
344
47.5
Pretax income (loss)
(106)
110
(216)
(196.4)
Income tax expense
                  (benefit)
(49)
(23)
(26)
(113.0)
Net realized capital gain (loss)
33
(236)
269
114.0
Net income
                  (loss)
$
(24)
(103)
$
79
76.7
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
116
(141)
$
257
182.3
%
Other change in capital & surplus
8
(7)
15
214.3
Net change in capital & surplus
$
100
(251)
$
351
139.8
%
Selected Operating Performance Measures
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Life
First year and renewal premiums
$
821
709
$
112
15.8
%
Inforce
87,846
66,964
20,882
31.2
First year and renewal premiums and inforce amounts in the table above are
          for direct and assumed business. Inforce amounts represent life insurance inforce on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2023 and 2022 is a result of
          continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are driven by policyholder charges,
          surrenders, and claims.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 9 of 18
Six Months Ended June 30, 2023
Compared to Six Months Ended June 30, 2022
Overview
The Life segment net change in capital and surplus increased primarily due
          to gains on derivatives backing policyholder liabilities, driven by positive equity markets. This was partially offset by an establishment of a voluntary reserve and increased surrender and death benefits.
Income
•
Premium and annuity considerations
: Premiums and annuity considerations increased as a result of first year and renewal premiums on Life Pro Plus Advantage
®
due to a growing block of business.
•
Net investment income:
Net
          investment income increased primarily due to an increase in Life average invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased slightly as a result of modified coinsurance reserves on certain Life products.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in surrender and death claim activity on a growing block of business.
•
Change in aggregate reserves:
Change in aggregate reserves increased due to the establishment of voluntary reserves and new premium, partially offset by a decrease in index credits paid as a result of year-over-year market movements as policies reach
          their anniversaries.
•
General and administrative and commission:
General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production, as well as an increase in allocated
          expenses.
•
Income tax expense (benefit):
Income tax expense (benefit) is driven by the pre-tax items discussed above and is allocated to segments based on the Company's effective rate.
•
Net realized capital gain (loss):
Net realized capital gain increased due to gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in the first half of 2023.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Change in unrealized capital gains increased due to gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in the first half of 2023.
•
Other change in capital and surplus:
Other change in capital and surplus has a limited impact on the Life segment.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 10 of 18
Legacy
Segment Results of Operations
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Income:
Premium and annuity considerations
$
89
86
$
3
3.5
%
Net investment income
81
79
2
2.5
Ceded reinsurance reserve and expense adjustments
3
3
—
—
Other income
1
(1)
2
200.0
Total income
174
167
7
4.2
Benefits and other expenses:
Policyholder benefits and surrenders
67
56
11
19.6
Change in aggregate reserves
116
103
13
12.6
General and administrative and commission
20
4
16
NM**
Net transfers to (from) separate accounts
—
(2)
2
NM**
Total benefits and other expenses
203
161
42
26.1
Pretax income (loss)
(29)
6
(35)
NM**
Income tax expense (benefit)
(13)
(1)
(12)
NM**
Net realized capital gain (loss)
3
—
3
NM**
Net income (loss)
$
(13)
$
7
$
(20)
(285.7)
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
—
23
$
(23)
(100.0)
%
Other change in capital & surplus
3
—
3
NM**
Net change in capital & surplus
$
(10)
30
$
(40)
(133.3)
%
**NM - Not meaningful
Selected Operating Performance Measures
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Legacy Products
Gross premiums written
$
138
135
$
3
2.2
%
Inforce
2,320
2,563
(243)
(9.5)
Gross premiums written in the table above are for direct and assumed
          business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2023 and 2022 with small movements due to
          assumed premium and policy rate increases outpacing decrements within LTC products. Inforce amounts represent gross life insurance within our Special Markets products. The continued decline in inforce volume is attributable to the Legacy segment
          being a closed block of business.
Six Months Ended June 30, 2023
Compared to Six Months Ended June 30, 2022
Overview
The Legacy segment unfavorable change in capital and surplus was driven by
          increased third-party administration (TPA) expenses, increased premium deficiency reserves and higher policyholder benefits and surrenders expenses. This was partially offset by income tax benefits and an increase in investment income.
Income
•
Premium and annuity considerations:
Premium increased driven by assumed premium and policy rate increases outpacing decrements within LTC products.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 11 of 18
•
Net investment income:
Net investment income increased driven by growth in LTC reserves on the aging block of business and higher allocated yields.
Benefits and Other Expenses
•
Policyholder benefits and surrenders:
Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.
•
Change in aggregate reserves:
Change in aggregate reserves increased driven by an increase in premium deficiency reserves.
•
General and administrative and commission
: Expenses increased primarily due to an increase in TPA administrative expenses on LTC.
•
Income tax (benefit) expense:
Income tax (benefit) expense
is driven by the pre-tax items discussed above
          and is allocated to segments based on the Company's effective rate.
Capital and Surplus
•
Change in unrealized capital losses:
Change in unrealized capital gain (loss) increased driven
by immaterial gains on credit default swaps in 2023, compared to gains in 2022.
Dividends
Six months ended June 30,
Increase
                  (decrease) and % change
2023
2022
2023 - 2022
Capital and Surplus:
Dividends to parent
$
175
4,100
$
(3,925)
95.7
%
We are required to meet minimum statutory capital and surplus requirements.
          Our statutory capital and surplus as of June 30, 2023 and 2022, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of
          the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
          annual statement. In accordance with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations
          before net realized capital gain of the insurer for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Commissioner of
          Commerce.
Financial Condition
Investment Strategy
Our investment strategy focuses on
          diversification by asset class. We seek to achieve economic diversification, while limiting overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio
          diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in
          estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return
          preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with
          contractholder liability cash flows and duration.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 12 of 18
The following table presents the investment portfolio at June 30, 2023 and
          December 31, 2022:
2023
2022
Carrying value
% of total
Carrying value
% of total
Bonds
$
91,496
75.5
%
$
89,143
77.1
%
Stocks
330
0.3
251
0.2
Investment in
                  subsidiaries
1,485
1.2
1,442
1.2
Mortgage loans on real
                  estate
18,067
14.9
17,728
15.3
Real estate
86
0.1
82
0.1
Cash and cash equivalents
2,895
2.3
2,232
1.9
Policy loans
396
0.3
309
0.4
Derivative assets
2,740
2.3
973
0.8
Other invested assets
3,715
3.1
3,504
3.0
Total cash
                  and invested assets
$
121,210
100.0
%
$
115,664
100.0
%
Bonds
Refer to Note 3 of the June 30, 2023 unaudited Statutory Financial
          Statements for information regarding the nature of our portfolio of bonds. The tables below presents the NAIC rating for the Company's bond portfolio at June 30, 2023 and December 31, 2022:
2023
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
45,983
56.3
%
$
51,237
56.0
%
2
33,958
41.6
38,384
42.0
Investment
                  grade
79,941
97.9
%
89,621
98.0
%
3
1,323
1.6
1,446
1.6
4
288
0.4
321
0.3
5
90
0.1
105
0.1
6
3
—
3
—
Below
                  investment grade
1,704
2.1
1,875
2.0
Total
$
81,645
100.0
%
$
91,496
100.0
%
2022
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
43,251
55.3
%
$
48,893
54.8
%
2
33,223
42.4
38,251
43.0
Investment
                  grade
76,474
97.7
87,144
97.8
3
1,484
1.9
1,648
1.8
4
234
0.3
264
0.3
5
75
0.1
84
0.1
6
2
—
3
—
Below
                  investment grade
1,795
2.3
1,999
2.2
Total
$
78,269
100.0
%
$
89,143
100.0
%
Sub-prime and Alt-A Mortgage Exposure
Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the high
          quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by residential
          mortgage collateral which is not clearly identifiable as prime or sub-prime.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 13 of 18
Commercial Mortgage-backed, Asset-backed, and
          Residential Mortgage-backed Securities
Commercial mortgage-backed securities (CMBS) represent pools of commercial
          mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC class and vintage year as of June 30, 2023 and December 31, 2022:
2023
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
4,645
99.9
%
2023
$
4
0.1
%
2
1
—
2022
14
0.3
3
2
0.1
2021
562
12.1
4
—
—
2020
214
4.6
5
—
—
2019 and prior
3,854
82.9
6
—
—
$
4,648
100.0
%
$
4,648
100.0
%
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
5,093
100.0
%
2022
$
11
0.2
%
2
1
—
2021
557
10.9
3
2
—
2020
208
4.1
4
—
—
2019
955
18.8
5
—
—
2018 and prior
3,365
66.0
6
—
—
$
5,096
100.0
%
$
5,096
100.0
%
Asset backed security (ABS) holdings consist primarily of aircraft leases,
          credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or other limits.
The following table summarizes our exposure to other ABS holdings by NAIC
          class and vintage year as of June 30, 2023 and December 31, 2022:
2023
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
8,439
78.6
%
2023
$
1,600
14.9
%
2
2,005
18.7
2022
2,817
26.2
3
123
1.1
2021
3,667
34.2
4
99
0.9
2020
660
6.2
5
68
0.6
2019 and prior
1,990
18.5
6
—
—
$
10,734
100.0
%
$
10,734
100.0
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
6,556
74.0
%
2022
$
2,782
31.4
%
2
2,028
22.9
2021
3,476
39.2
3
146
1.6
2020
593
6.7
4
50
0.6
2019
519
5.9
5
79
0.9
2018 and prior
1,489
16.8
6
—
—
$
8,859
100.0
%
$
8,859
100.0
%
Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of residential
          mortgage loans made to non-prime borrowers, diversified across geographies.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 14 of 18
The following table summarizes our exposure to NA RMBS holdings by NAIC
          class and vintage year as of June 30, 2023 and December 31, 2022:
2023
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
159
89.8
%
2023
$
—
—
%
2
—
—
2022
—
—
3
3
1.7
2021
—
—
4
9
5.1
2020
—
—
5
4
2.3
2019 and prior
177
100.0
6
2
1.1
$
177
100.0
%
$
177
100.0
%
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
170
87.6
%
2022
$
—
—
%
2
5
2.6
2021
—
—
3
4
2.1
2020
—
—
4
9
4.6
2019
—
—
5
4
2.1
2018 and prior
194
100.0
6
2
1.0
$
194
100.0
%
$
194
100.0
%
Unrealized investment losses on bonds, for investment grade (NAIC classes 1-2) and below investment grade (NAIC classes 3-6) securities
          by duration are as follows at June 30, 2023 and December 31, 2022:
2023
Investment Grade
% of
                  Total
Below Investment
                  Grade
% of
                  Total
Twelve
                  months or less below carrying value
$
915
8.8
%
$
13
0.1
%
More than
                  twelve months below carrying value
9,251
89.4
169
1.7
Total
$
10,166
98.2
%
$
182
1.8
%
2022
Investment Grade
% of Total
Below Investment
                  Grade
% of Total
Twelve
                  months or less below carrying value
$
8,543
75.6
%
$
102
0.9
%
More than
                  twelve months below carrying value
2,548
22.5
114
1.0
Total
$
11,091
98.1
%
$
216
1.9
%
See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements for additional disclosures in regards to unrealized investment
          losses on bonds.
Other-than-temporary impairments, by market sector, for impairments
          included in the Statutory Statements of Operations, were as follows at June 30, 2023 and 2022:
2023
2022
Impairment
No. of
                  Securities
Impairment
No. of
                  Securities
Foreign governments
$
—
1
$
—
—
Corporate securities
56
39
82
55
Partnerships
—
1
—
1
Commercial Mortgage
                  Loans
—
1
25
1
Total
$
56
42
$
107
57
Refer to Note 4 of the June 30, 2023 unaudited Statutory Financial
          Statements for information regarding the fair value and fair value hierarchy level of our financial instruments.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 15 of 18
Mortgage Loans on Real Estate
See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements
          and Schedules for information regarding Mortgage Loans on Real Estate.
Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
          measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the most
          recently received financial statements from the debtor, is calculated as the amount of the property's net income divided by the debt service payments.
See Note 3 of the June 30, 2023 unaudited Statutory Financial Statements
          for additional information relating to LTV and DSC ratios.
Properties collateralizing mortgage loans are geographically dispersed
          throughout the United States as follows at June 30, 2023 and December 31, 2022:
2023
2022
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Commercial mortgage
                  loans by region
East North
                  Central
$
1,417
8.8
%
$
1,429
9.0
%
East South
                  Central
519
3.2
448
2.8
Middle
                  Atlantic
1,323
8.2
1,303
8.2
Mountain
1,818
11.2
1,645
10.4
New England
606
3.8
576
3.7
Pacific
4,422
27.3
4,439
28.0
South
                  Atlantic
3,594
22.2
3,574
22.5
West North
                  Central
1,027
6.3
984
6.2
West South
                  Central
1,461
9.0
1,457
9.2
Total
                  commercial mortgage loans
16,187
100.0
%
15,855
100.0
%
2023
2022
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Residential mortgage
                  loans by region
East North
                  Central
$
139
7.4
%
$
139
7.4
%
East South
                  Central
36
1.9
30
1.6
Middle
                  Atlantic
436
23.2
440
23.5
Mountain
172
9.1
181
9.7
New England
112
6.0
115
6.2
Pacific
591
31.4
587
31.3
South
                  Atlantic
278
14.8
269
14.4
West North
                  Central
11
0.6
12
0.6
West South
                  Central
105
5.6
100
5.3
Total
                  residential mortgage loans
1,880
100.0
%
1,873
100.0
%
Properties collateralizing commercial mortgage loans are diversified by
          property type are as follows June 30, 2023 and December 31, 2022:
2023
2022
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Mortgage loans by
                  property type
Industrial
$
3,141
19.4
%
$
3,018
19.0
%
Retail
2,461
15.2
2,480
15.6
Office
4,706
29.1
4,748
30.0
Apartments
5,879
36.3
5,609
35.4
Total
$
16,187
100.0
%
$
15,855
100.0
%
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 16 of 18
Liquidity and Capital Resources
Overview
The Company's liquidity requirements are generally met through funds
          provided by investment income, receipt of insurance premiums, M&E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.
The Company has access to funding through securities lending under which
          the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned.
The Company is also a member of the Federal Home Loan Bank (FHLB) of Des
          Moines, which provides access to collateralized borrowings.  Funding from the FHLB of Des Moines is collateralized with bonds from the Company's general account investment portfolio.
Reinsurance may play a key role in funding the Company's continued growth,
          and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future profitability
          takes precedence over retaining a large percentage of risk.
The Company does not utilize the capital markets as a source of capital.
          Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department, as appropriate.
The primary uses of funds are policy benefits, commissions, other
          product-related acquisition costs, investment purchases, operating expenses, and dividends to parent. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.
Financial Ratings and Strength
•
Standard & Poor's    AA (Very Strong)
•
Moody's        A1 (Good)
•
AM Best        A+ (Superior)
Financial strength ratings are based upon an independent review of the
          Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its final rating.
          Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings.
Cash Flows
The following table sets forth information from our Statutory Statements
          of Cash Flows for the six months ended June 30, 2023, and 2022:
2023
2022
Net cash provided by
                  operating activities
$
3,333
3,105
Net cash (used in) investing activities
(2,762)
(568)
Net cash provided by
                  (used in) financing and miscellaneous activities
92
(4,776)
Net change in cash, cash equivalents, and short-term investments
$
663
(2,239)
We have the funds necessary to meet the capital requirements of all states
          in which we do business and to support our operations.
The increase in net cash provided by operating activities in 2023 as
          compared to 2022 is primarily due to an increase in premiums driven by fixed-indexed annuity line of business as a result of the 2023 sales promotion. This impact was partially offset by an increase in commissions and expenses and surrender
          payments.
The increase in net cash used in investing activities in 2023 as compared
          to 2022 is driven by higher net bonds purchased, partially offset by a increase in net derivative cashflows and a decrease in net mortgage loans purchased.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 17 of 18
The increase in net cash provided from financing and miscellaneous
          activities is primarily driven by a decrease in dividends paid to our parent and an increase in FHLB borrowings in 2023.
Risk-Based Capital
The Company's Risk Based Capital (RBC) ratio significantly exceeds required
          minimum thresholds as of June 30, 2023 and December 31, 2022.
Commitments & Contingencies
The Company has guarantees to provide for the maintenance of certain subsidiary's regulatory capital and
          surplus levels and
has limited partnerships and private placement investments that require a commitment of capital. See Note 8 of the June 30, 2023
          unaudited
Statutory Financial Statements for information regarding commitments and contingencies.
The Company has contractual obligations in the form of Policyholder
          liabilities, and has mortgage notes payable.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet transactions, arrangements
          or other relationships that management believes would be reasonably likely to have a material effect on the Company's liquidity or capital position.
The Company utilizes derivatives for which the Company is either required
          to settle variation margin or post collateral; see Note 3 in the June 30, 2023 unaudited Statutory Financial Statements for additional information regarding derivative collateral management.
Item 11(j).
Quantitative and Qualitative Disclosures about Market Risk
Market risk is the risk of the loss of fair value resulting from adverse
          changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded.
Sensitivity Analysis
To assess the impact of changes in interest rate and equity markets, we
          perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices constant.
          To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity
          prices by a hypothetical 15%.
Interest Rate Risk
One means of assessing exposure to interest rate changes is to measure the potential change in statutory
          value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates would cause our post-tax income to
          increase by $1 as of June 30, 2023.
We also examined the impact on post-tax income due to a hypothetical decrease in interest rates of 50 bps
          across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to decrease by $24 as of June 30, 2023. Note that the impacts referenced reflect reserve changes net
          of economic hedge impact and does not include economic impact related to our fixed-income investment portfolio or economic changes in
reserve calculations.
Equity Market Risk
One means of assessing exposure to changes in equity market prices is to estimate the potential changes in
          post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income to decrease by $343, while an
          increase in equity market prices would cause our post-tax income to increase by $300, based on our equity exposure as of June 30, 2023. Note that the impacts referenced reflect reserve changes net of economic hedge impact and does not include
          economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Management's Discussion and Analysis of Financial Condition and Results of
              Operations (For the 6 month period ended June 30, 2023)
Page 18 of 18
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Financial Statements (unaudited)
For the interim period ended June 30, 2023
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus (unaudited)
June 30, 2023 and December 31, 2022
(Dollars in millions, except share data)
Admitted Assets
2023
2022
Cash and
                  invested assets:
Bonds
$
91,496
89,143
Stocks
330
251
Investment
                  in subsidiaries
1,485
1,442
Mortgage
                  loans on real estate
18,067
17,728
Real
                  estate
86
82
Cash, cash
                  equivalents and short-term investments
2,895
2,232
Policy
                  loans
396
309
Derivative
                  assets
2,740
973
Other
                  invested assets
3,715
3,504
Total cash
                  and invested assets
121,210
115,664
Investment
                  income due and accrued
1,353
1,273
Current
                  federal and foreign income tax recoverable
319
270
Deferred
                  tax asset, net
621
379
Other
                  assets
1,185
1,035
Admitted
                  assets, exclusive of separate account assets
124,688
118,621
Separate
                  account assets
50,176
43,502
Total
                  admitted assets
$
174,864
162,123
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 1 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus (unaudited)
June 30, 2023 and December 31, 2022
(Dollars in millions, except share data)
Liabilities and
                  Capital and Surplus
2023
2022
Policyholder

                  liabilities:
Life
                  policies and annuity contracts
$
101,012
98,386
Accident
                  and health policies
2,554
2,440
Deposit-type

                  contracts
4,039
4,233
Life
                  policy and contract claims
11
10
Accident
                  and health policy and contract claims
22
22
Other
                  policyholder funds
255
138
Total
                  policyholder liabilities
107,893
105,229
Interest
                  maintenance reserve
136
172
General
                  expenses due and accrued
153
196
Due from
                  separate accounts
(1,213)
(751)
Current
                  income taxes payable
107
102
Borrowed
                  money
3,017
2,010
Asset
                  valuation reserve
1,379
1,266
Derivative
                  liabilities
2,391
747
Other
                  liabilities
3,896
3,135
Liabilities,

                  exclusive of separate account liabilities
117,759
112,106
Separate
                  account liabilities
50,176
43,502
Total
                  liabilities
167,935
155,608
Capital and
                  surplus:
Class A,
                  Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $2 and $10 at June 30, 2023 and December 31, 2022, respectively
9
9
Class A,
                  Series B preferred stock, $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $3 and $12 at June 30, 2023 and December 31, 2022, respectively
10
10
Common stock,
                  $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at June 30, 2023 and December 31, 2022, respectively
20
20
Additional
                  paid-in capital
3,676
3,676
Special
                  surplus funds
(165)
(301)
Unassigned
                  surplus
3,379
3,101
Total
                  capital and surplus
6,929
6,515
Total
                  liabilities and capital and surplus
$
174,864
162,123
See
                  accompanying notes to unaudited statutory financial statements.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 2 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Operations (unaudited)
Six months ended June 30, 2023 and 2022
(Dollars in millions)
2023
2022
Income:
Premiums and annuity considerations
$
9,083
7,280
Consideration

                  for supplementary contracts
73
72
Net investment income
2,310
2,285
Commissions

                  and expense allowances on reinsurance ceded
393
333
Reserve adjustments related to
                  reinsurance ceded
(1,138)
(572)
Fees from
                  separate accounts
222
254
Other
141
(473)
Total
                  income
11,084
9,179
Benefits and other expenses:
Policyholder

                  benefits
957
925
Surrenders
4,795
3,195
Change in
                  aggregate reserves and deposit funds
2,917
1,799
Commissions and other agent
                  compensation
947
768
General
                  and administrative expenses
404
315
Net transfers to separate accounts
208
851
Total
                  benefits and other expenses
10,228
7,853
Income from
                  operations before federal income taxes and net realized capital gain
856
1,326
Income tax
                  expense (benefit)
394
(273)
Net income
                  from operations before net realized capital loss
462
1,599
Net realized
                  capital loss, net of taxes and interest maintenance reserve
(194)
(1,496)
Net income
$
268
103
See accompanying notes to unaudited
                  statutory financial statements.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 3 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Capital and Surplus (unaudited)
Six months ended June 30, 2023 and 2022
(Dollars in millions)
2023
2022
Capital and
                  surplus at beginning of year
$
6,515
10,705
Net income
268
103
Change in
                  unrealized capital gain (loss)
408
(460)
Change in
                  net deferred income tax
191
(45)
Change in
                  asset valuation reserve
(113)
51
Dividends
                  paid to parent
(175)
(4,100)
Change in
                  unamortized gain on reinsurance transactions
(154)
(95)
Other
                  changes in capital and surplus
(11)
(23)
Capital and
                  surplus at June 30
$
6,929
6,136
See
                  accompanying notes to unaudited statutory financial statements.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 4 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Cash Flow (unaudited)
Six months ended June 30, 2023 and 2022
(Dollars in millions)
2023
2022
Cash flow
                  from operating activities:
Revenues:
Premiums and
                  annuity considerations, net
$
8,238
7,349
Net investment
                  income
2,278
2,131
Commissions
                  and expense allowances on reinsurance ceded
238
175
Fees from
                  separate accounts
222
254
Other
—
103
Cash
                  provided by operating activities
10,976
10,012
Benefits
                  and expenses paid:
Benefit and
                  loss-related payments
5,092
4,693
Net transfers
                  to separate accounts
670
459
Commissions,
                  expenses paid, and aggregate write-ins for deductions
1,462
1,131
Income tax
                  paid, net
419
624
Cash used
                  in operating activities
7,643
6,907
Net cash
                  provided by operating activities
3,333
3,105
Cash flow
                  from investing activities:
Proceeds
                  from investments sold, matured or repaid:
Bonds
4,658
13,351
Stocks
89
54
Mortgage loans
344
750
Real estate
—
4
Other invested
                  assets
36
33
Derivatives
87
—
Miscellaneous
                  proceeds
569
1,589
Cash
                  provided by investing activities
5,783
15,781
Cost of
                  investments acquired:
Bonds
7,080
11,386
Stocks
180
76
Mortgage loans
679
1,656
Real estate
6
5
Other invested
                  assets
226
165
Derivatives
—
2,811
Miscellaneous
                  applications
287
235
Cash used
                  in investing activities
8,458
16,334
Net increase
                  in policy loans and premium notes
87
15
Net cash
                  used in investing activities
(2,762)
(568)
Cash flow
                  from financing and miscellaneous activities:
Change in
                  borrowed money
1,000
300
Payments on
                  deposit-type contracts and other insurance liabilities, net of deposits
(619)
(679)
Dividends
                  paid to parent
(175)
(4,100)
Other cash
                  used
(114)
(297)
Net cash
                  provided by (used in) financing and miscellaneous activities
92
(4,776)
Net change
                  in cash, cash equivalents, and short-term investments
663
(2,239)
Cash, cash
                  equivalents, and short-term investments:
Beginning
                  of year
2,232
3,215
Balance at
                  June 30
$
2,895
976
See
                  accompanying notes to unaudited statutory financial statements.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 5 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(1)    Organization and Nature of Operations
Allianz Life Insurance Company of North America (the
          Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European
          company registered in Munich, Germany, and is the Company's ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a captive reinsurer,
          Allianz Life Insurance Company of Missouri (AZMO).
The Company is a life insurance company licensed to sell annuity, group and individual
          life, and group and individual accident and health policies in the United States, Canada, and several U.S. territories. Based on statutory net premium written, the Company's business is predominately annuity. The annuity business consists of
          fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits and consists principally of fixed-indexed
          universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of long-term care (LTC) insurance. The Company's
          primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations.
After evaluating the Company's ability to continue as a
          going concern, management is not aware of any conditions or events which raise substantial doubt concerning the Company's ability to continue as a going concern as of the date of filing these Statutory Financial Statements.
(2)    Summary of Significant Accounting Policies
(a)
Basis of Presentation
The following interim disclosures may exclude, or include
          condensed versions of certain disclosures required in the Annual Statutory Financial Statements. The intent of these disclosures is to present financial statement users with key information and significant changes since December 31, 2022. The
          information contained herein should be read in conjunction with the December 31, 2022 audited Statutory Financial Statements of the Company.
The Statutory Financial Statements have been prepared in
          accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
          reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC
          SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial
          Statements. The more significant of these differences are as follows:
(1)    Acquisition costs, such as
          commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance
          contracts are capitalized and charged to operations on a straight-line basis over the expected term of the related contracts.
(2)    Aggregate reserves for life
          policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 6 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(3)    Certain reinsurance
          transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only.
(4)    Ceded reinsurance recoverable
          are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S.
          GAAP, these ceded reserves are presented on a gross basis as an asset.
(5)    The Company reinsures a portion
          of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income as future
          earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing period of the
          policies.
(6)    Bonds are carried at values
          prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as "available-for-sale" are carried at fair value,
          with unrealized gains and losses recorded in stockholder's equity.
(7)    Changes in deferred income
          taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are generally recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred
          tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.
(8)    Investments in subsidiaries are
          carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under U.S. GAAP, wholly owned
          subsidiary results are consolidated.
(9)    The Company is required to
          establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded
          as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses, net of tax, resulting from changes in the level of prevailing market interest rates and amortize them into income within the
          Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.
(10)    Canadian asset and liability
          amounts are expressed in Canadian dollars without foreign exchange translation into U.S. dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
          with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S. dollars, with any translation adjustment recorded to
          stockholder's equity.
(11)    Certain assets designated as "nonadmitted assets" are not
          recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and affiliated (SCA) entities, electronic
          data
processing software, portions of goodwill, furniture and fixtures,
          prepaid expenses, receivables outstanding greater than 90 days, and portions of DTAs. There is no such concept under U.S. GAAP.
(12)    A provision is made for amounts
          ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S.
          GAAP.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 7 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(13)    Revenues for universal life
          policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy
          administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.
(14)    Benefits for universal life
          policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in
          excess of the policyholder's contract balance.
(15)    Derivatives are reported at
          fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair value of
          derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus. For derivatives
          reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus,
          for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value of derivatives are recorded
          in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.
(16)    Commissions allowed by
          reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
          recoverable.
(17)    The Statutory Financial
          Statements do not include a statement of comprehensive income as required under U.S. GAAP.
(18)    The Statutory Statements of
          Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.
(19)    The calculation of reserves and
          transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.
(20)    Sales inducements and premium
          bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and
          premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations in a manner similar to acquisition costs.
(21)    Negative cash balances are
          presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.
(22)    Embedded derivatives are not
          separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.
(23)    For certain annuity products
          with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and liabilities are
          required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 8 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(b)
Use of Estimates
The preparation of Statutory Financial Statements in conformity with
          NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of June 30, 2023 and December 31,
          2022, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
          estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
(c)
Recently Issued Accounting Standards
          – Adopted in 2023
Not applicable.
(d)     Recently Issued Accounting Standards – Adopted
          in 2022
Not applicable.
(e)     Aggregate Reserves for Life
          Policies and Annuity Contracts
Reserves are principally calculated as the minimum reserves permitted by the state where
          the contract is issued
for the year in which the contract is issued.
Aggregate reserves for life insurance policies are principally calculated using the
          Commissioners Reserve Valuation Method (CRVM) or VM-20, Requirements for Principle-Based Reserves for Life Products, depending on the policy's issue date. Additional reserves are held for supplemental benefits and for contracts with secondary
          guarantees, consistent with prescribed regulations and actuarial guidelines.
Statutory capital volatility arises on the Fixed Indexed Universal Life (FIUL) product due
          to a timing mismatch between when changes in the Company's derivative instruments and the hedged FIUL statutory reserve are recognized in income. To reduce the Company's capital sensitivity, a voluntary reserve, which accounts for policyholder
          index credits that are not included in minimum reserves minus expected investment income before credits are paid (floored at zero), is recorded to negate the mismatch in timing. The Company began recording this reserve in 2023, and the balance
          was $260 as of June 30, 2023.
(f)     Corrections of Errors
During 2023, an error was identified related to the
          consistency of presenting internal exchanges between lines of business. These internal exchanges represent 1035 exchanges initiated by the policyholder to transition from an existing annuity contract to a new annuity contract. On the Fixed
          Annuity line of business, the transaction is accounted for as a surrender within Surrenders on the Statement of Operations, and a subsequent application of premium on the new contract within Premiums and annuity considerations on the Statement of
          Operations. This methodology was not consistently applied to the Variable Annuity line of business, as the transaction was recorded net, with no financial statement impact. This error resulted in an equal and offsetting understatement of Premium
          and annuity consideration and Surrenders within the Statement of Operations for periods ended prior to January 1, 2023.
Beginning January 1, 2023, the Company began recording
          the Variable Annuity transactions similarly to Fixed Annuities. There was no impact recorded as a correction of an error in the Statements of Capital and Surplus as surplus was correct as of December 31, 2022. The comparative period for the six
          months ended June 30, 2022 was not restated due to the immateriality of the adjustment.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 9 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(3)
Investments
(a)    Bonds, Other Assets Receiving Bond Treatment, and Stocks
At June 30, 2023 and December 31, 2022, the amortized cost, gross
          unrealized gains, gross unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below:
2023
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                  government
$
5,188
2
506
4,684
Agencies not backed by the full faith and credit of the U.S. government
2
—
—
2
States and
                  political subdivisions
6,287
96
435
5,948
Foreign
                  governments
2,292
6
325
1,973
Corporate
                  securities
73,248
345
8,437
65,156
Mortgage-backed

                  securities
5,808
42
645
5,205
Collateralized

                  debt obligations
12
6
—
18
Total
                  bonds
92,837
497
10,348
82,986
Common stocks
322
17
9
330
Total
$
93,159
514
10,357
83,316
2022
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                  government
$
5,492
2
535
4,959
Agencies not backed by the full faith and credit of the U.S. government
2
—
—
2
States and
                  political subdivisions
6,768
76
600
6,244
Foreign
                  governments
1,949
2
336
1,615
Corporate
                  securities
69,765
315
9,191
60,889
Mortgage-backed

                  securities
6,287
29
645
5,671
Collateralized

                  debt obligations
12
8
—
20
Total
                  bonds
90,275
432
11,307
79,400
Common stocks
260
8
17
251
Total
$
90,535
440
11,324
79,651
At June 30, 2023 and December 31, 2022, amortized cost
          differed from the carrying value of bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rated bonds where the market value was lower than amortized cost. The total unrealized losses recorded by
          the Company for these bonds was $1 as of June 30, 2023 and December 31, 2022.
The Company had NAIC-6 rated bonds with a statement value
          of $3 and $2 as of June 30, 2023 and December 31, 2022. There was no interest due on bonds in default that was excluded from investment income due and accrued as of June 30, 2023 and December 31, 2022.
The Company had no hybrid securities as of June 30, 2023
          and December 31, 2022.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 10 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
As of June 30, 2023 and December 31, 2022, investments
          with a statement value of $21 and $32, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.
The amortized cost and fair value of bonds and other
          assets receiving bond treatment reported in the statutory Annual Statement schedule D Part 1A at June 30, 2023, by contractual maturity, are shown below:
Carrying
value
Fair value
Due in 1
                  year or less
$
2,325
$
2,314
Due after 1 year through 5 years
8,969
8,541
Due after 5
                  years through 10 years
19,613
17,749
Due after 10 years through 20 years
26,574
24,433
Due after
                  20 years
27,907
23,265
No maturity date
1,630
1,461
Mortgage-backed

                  and other structured securities
5,819
5,223
Total bonds and other assets
                  receiving bond treatment
$
92,837
$
82,986
Expected maturities will differ from contractual
          maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Proceeds from sales of bonds includes sales, maturities,
          paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the six months ended June 30 are shown below:
2023
2022
Proceeds
                  from sales
$
4,658
$
13,351
Gross gains
76
167
Gross
                  losses
142
198
Proceeds from sales of common stocks for the six months
          ended June 30 are shown below:
2023
2022
Proceeds
                  from sales
$
89
$
54
Gross gains
2
2
Gross
                  losses
1
—
For the six months ended June 30, 2023 and 2022, there
          were 34 and 196 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $0 and $82 for the six months ended June 30,
          2023 and 2022, respectively.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 11 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
The Company's bond portfolio includes mortgage-backed
          securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.
(b)    Unrealized Investment Losses
To determine whether or not declines in fair value are
          other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources.
Unrealized losses and the related fair value of
          investments held by the Company as of June 30, 2023 and December 31, 2022 are shown below:
2023
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S. government
$
1,215
77
2,371
429
3,586
506
Agencies not backed by the full faith and credit of the U.S. government
—
—
2
—
2
—
Foreign
                  government
486
18
1,280
307
1,766
325
States and
                  political subdivisions
1,865
82
2,534
353
4,399
435
Corporate
                  securities
15,662
727
40,051
7,710
55,713
8,437
Mortgage-backed
                  securities
377
24
4,587
621
4,964
645
Total bonds
19,605
928
50,825
9,420
70,430
10,348
Common stock
4
—
58
9
62
9
Total
                  temporarily impaired securities
$
19,609
928
50,883
9,429
70,492
10,357
2022
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S. government
$
3,023
319
744
216
3,767
535
Agencies not backed by the full faith and credit of the U.S. government
2
—
—
—
2
—
Foreign
                  government
1,105
202
423
134
1,528
336
States and
                  political subdivisions
4,770
574
49
26
4,819
600
Corporate
                  securities
46,456
7,027
7,507
2,164
53,963
9,191
Mortgage-backed
                  securities
4,912
524
512
121
5,424
645
Total bonds
60,268
8,646
9,235
2,661
69,503
11,307
Common stock
85
11
22
6
107
17
Total
                  temporarily impaired securities
$
60,353
8,657
9,257
2,667
69,610
11,324
As of June 30, 2023 and December 31, 2022 the number of
          investment holdings that were in an unrealized loss position was 5,962 and 5,895, respectively, for bonds, and 25 and 30, respectively, for common stocks.
As of June 30, 2023 and December 31, 2022, of the total
          amount of unrealized losses, $10,167, or 98.2%, and $11,091, or 97.9%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized
          losses on securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be received
          and does not consider these investments to be other-than-temporarily impaired.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 12 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(c)    Realized Investment Gains (Losses)
Net realized capital gains (losses) for the six months
          ended June 30 are shown below:
2023
2022
Bonds
$
(122)
(113)
Stocks
1
2
Mortgage
                  Loans
—
(23)
Real estate
—
1
Derivatives
(251)
(1,442)
Other
64
(20)
Total
                  realized capital gains (losses)
(308)
(1,595)
Income tax benefit (expense) on net
                  realized gains (losses)
18
18
Total
                  realized capital gains (losses), net of taxes
(290)
(1,577)
Net gains transferred to IMR, net of
                  taxes
(96)
(81)
Net
                  realized gains (losses), net of taxes and IMR
$
(194)
(1,496)
(d)    Net Investment Income
Major categories of net investment income for the six
          months ended June 30 are shown below:
2023
2022
Interest:
Bonds, unaffiliated
$
1,969
1,907
Bonds,
                  affiliated
17
5
Mortgage loans on real estate
365
345
Policy
                  loans
8
6
Cash, cash equivalents, and
                  short-term investments
71
2
Dividends:
Stocks
6
4
Investment
                  in subsidiaries
18
25
Rental income on real estate
11
10
Derivatives
(18)
9
Other
2
3
Gross
                  investment income
2,449
2,316
Investment expenses
(156)
(53)
Net
                  investment income before amortization of IMR
2,293
2,263
Amortization of IMR
17
22
Net
                  investment income
$
2,310
2,285
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 13 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(e)    Mortgage Loans on Real Estate
The Company's investment in mortgage loans on real
          estate includes commercial mortgage loans (CMLs) and residential mortgage loans (RMLs) as of June 30, 2023 and December 31, 2022.
At June 30, 2023 and December 31, 2022, the Company's
          CML portfolio includes concentrations exceeding 10% for the following states:
2023
2022
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
3,535
22.0
%
$
3,545
22.4
%
The maximum lending rates for CMLs made during the six
          months ended June 30, 2023 and the year ended December 31, 2022 were 8.9% and 6.6%, respectively. The minimum lending rates for CMLs made during the six months ended June 30, 2023 and the year ended December 31, 2022 were 3.9% and 2.8%,
          respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed or purchased money mortgages for CMLs was 86.4% and 76.5% during the six months ended June 30, 2023
          and the year ended December 31, 2022, respectively.
At June 30, 2023 and December 31, 2022, the Company's RML
          portfolio includes concentrations exceeding 10% for the following states:
2023
2022
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
546
29.1
%
$
546
29.2
%
New York
238
12.7
%
238
12.7
%
The maximum lending rates for RMLs made during the six
          months ended June 30, 2023 and the year ended December 31, 2022 were 14.0% and 12.0% respectively. The minimum lending rates for RMLs made during the six months ended June 30, 2023 and the year ended December 31, 2022 were 4.6% and 2.8%
          respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of insured, guaranteed or purchased money mortgages for RMLs was 156.6% and 160.9% during the six months ended June 30, 2023
          and the year ended December 31, 2022, respectively.
As of June 30, 2023 and December 31, 2022, there were no
          taxes, assessments, or amounts advanced that were excluded from the mortgage loan investment total.
(1) Age Analysis of
          Mortgage Loans
The following table presents an age analysis of the Company's mortgage loan investments as of June 30, 2023
          and December 31, 2022 by type:
2023
2022
Residential
Commercial
Residential
Commercial
Current
$
1,818
16,119
1,799
15,855
30-59 Days Past Due
14
—
27
—
60-89 Days Past Due
3
68
8
—
90-179 Days Past Due
16
—
16
—
180+ Days Past Due
29
—
23
—
Total
$
1,880
16,187
1,873
15,855
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 14 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
There were no mortgage loan investments greater than 90
          days past due and still accruing interest as of June 30, 2023 and December 31, 2022.
There were no mortgage loan investments for which interest was reduced as of
          June 30, 2023 and December 31, 2022.
As of June 30, 2023 and December 31, 2022 there were no
          RMLs in which the Company participated as a co-lender in a mortgage loan agreement. As of June 30, 2023 and December 31, 2022, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan
          agreement was $2,672 and $2,505, respectively.
(2) Impaired
          Mortgage Loans
For the six months ended June 30, 2023 and the year ended
          December 31, 2022, the recorded investment in impaired CMLs was $68, and $69, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the six months ended June 30, 2023 and the year ended
          December 31, 2022. There was no related allowance for credit losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status.
          There was no recorded investment in impaired RMLs for the six months ended June 30, 2023 and the year ended December 31, 2022.
There was $1 and $5 of interest income recognized on
          impaired mortgage loans for the six months ended June 30, 2023 and the year ended December 31, 2022, respectively. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.
There were $1 of mortgage loans derecognized as a result
          of foreclosure as of June 30, 2023. There were no mortgage loans derecognized as of December 31, 2022.
(3)
Credit

          Quality Indicators
The Company analyzes certain financing receivables for credit risk by using specific
          credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The loan-to-value ratio is based on the
          Company's internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio analysis is normalized to reflect a
          25 year amortization schedule.
The credit quality for CMLs as of June 30, 2023 and
          December 31, 2022, respectively, is shown below:
Debt Service Coverage Ratios
2023:
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of Total
Loan-to-value ratios:
Less than 50%
$
5,382
197
365
362
6,306
39.0
%
50% – 60%
4,919
927
411
211
6,468
40.0
%
60% – 70%
2,408
419
221
62
3,110
19.1
%
70% – 80%
92
—
134
50
276
1.7
%
80% – 90%
—
—
27
—
27
0.2
%
90% – 100%
—
—
—
—
—
—
%
Greater than
                  100%
—
—
—
—
—
—
%
Total
$
12,801
1,543
1,158
685
16,187
100
%
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 15 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
Debt Service Coverage Ratios
2022:
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of Total
Loan-to-value ratios:
Less than 50%
$
4,784
82
376
676
5,918
37.3
%
50% – 60%
4,298
896
202
950
6,346
40.0
%
60% – 70%
2,201
571
223
464
3,459
21.8
%
70% – 80%
90
28
0
14
132
0.9
%
80% – 90%
—
—
—
—
—
—
%
90% – 100%
—
—
—
—
—
—
%
Greater than
                  100%
—
—
—
—
—
—
%
Total
$
11,373
1,577
801
2,104
15,855
100
%
The Company has determined the delinquency status and the loan-to-value ratio are the most
          reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the
          characteristics of the property being evaluated.
The loan-to-value ratios of RMLs as of June 30, 2023 and December 31, 2022 are shown below:
2023
2022
Total
Percent of Total
Total
Percent of Total
Loan-to-value ratios:
Below 70%
$
631
33.6
%
$
604
32.2
%
70% to 79%
1027
54.6
%
1043
55.7
%
80% to 89%
200
10.6
%
208
11.1
%
90% to 95%
15
0.8
%
16
0.9
%
Above 95%
7
0.4
%
2
0.1
%
Total
$
1,880
100.0
%
$
1,873
100.0
%
(f)    Loan-Backed Securities
SSAP No. 43R requires the bifurcation of impairment losses on loan-backed or structured
          securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost basis of the security. The interest
          portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.
The Company recognized other-than-temporary impairments
          (OTTI) on loan-backed securities for the six months ended June 30, 2023 and 2022 as follows:
2023
2022
OTTI Recognized in Loss
OTTI Recognized in Loss
Amortized Cost Basis Before OTTI
Interest
Noninterest
Fair Value
Amortized Cost Basis Before OTTI
Interest
Noninterest
Fair Value
OTTI Recognized:
Intent to sell
$
45
9
—
36
136
23
3
110
Total
$
45
9
0
36
$
136
23
3
110
(g)    Derivatives and Hedging Instruments
The Company uses exchange-traded and OTC derivative instruments as a risk management
          strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 16 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
liabilities that do not qualify for hedge accounting treatment are recorded at fair value
          in the Statutory Financial Statements using valuation techniques further discussed in Note 4.
The Company does not have derivative contracts with financing premium as of June 30, 2023
          and December 31, 2022
Derivatives held by the Company are designated as either a fair value hedging instrument
          (fair value hedge), a cash flow hedging instrument (cash flow hedge), or a nonqualified hedging instrument (nonqualifying strategies).
(1) Cash Flow Hedges
Foreign Currency Swaps on Debt Securities
Foreign currency swaps have notional amounts and maturity dates equal and offsetting to
          the underlying debt securities and are determined to be highly effective as of June 30, 2023 and December 31, 2022.
(2) Fair Value Hedges
Interest Rate Swaps on Variable Annuity Insurance Liabilities
IRS traded after June 2013 are centrally cleared through an exchange. For IRS traded prior
          to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair values of the collateral posted for OTC and
          exchange traded derivatives are discussed in the derivative collateral management section below.
Prior to January 1, 2020, the Company designated hedge accounting for these IRS as a cash
          flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1, 2020, the Company de-designated its previous
          hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at June 30, 2023 and December 31, 2022.
(3) Nonqualifying Strategies
Futures and Options Contracts
OTC options and ETO are cleared through the Options Clearing Corporation, which operates
          under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are discussed in the derivative collateral
          management section below.
Interest Rate Swaps
The Company can receive the fixed or variable rate; IRS are traded in varying maturities.
          The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below.
Credit Default Swaps
The CDS within the investment portfolios assume credit risk from a single entity or
          referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit events include bankruptcy of the reference and
          failure to pay by the reference. As the potential future exposure (PFE) is not determinable, the PFE is zero for the following reasons:
(a) CDS are used to hedge indices allocated to products by policyholders. Fluctuations in
          value of the CDS are offset by credits provided to policyholders and results in a minimal amount of hedge inefficiency. It is impossible to determine the potential future amount of hedge inefficiency.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 17 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(b) The CDS used are exchange traded and daily variation margin is required to settle
          market movements. This minimizes counterparty credit risk. It also makes it impossible to determine what the potential future exposure related to counterparty risk, net of variation margin received could be.
The fair value of the collateral posted for centrally cleared CDS is discussed in the
          derivative collateral management section below.
Total Return Swaps
The Company engages in the use of OTC TRS,
which allow the parties to exchange cash flows based on a variable reference rate such as the three-month SOFR and the return of an underlying index.
The fair value of the collateral posted for OTC TRS is discussed in the derivative collateral management section below.
To Be Announced Securities (TBA)
The Company uses OTC TBA forward contracts to gain exposure to the investment risk and
          return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral posted for OTC TBA securities is discussed
          in the derivative collateral management section below.
The following table presents a summary of the aggregate notional amounts and fair values
          of the Company's derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of June 30, 2023 and December 31, 2022:
2023
2022
Gross Fair Value
Gross Fair Value
Notional
(1)
Assets
Liabilities
Notional
(1)
Assets
Liabilities
Cash flow
                  hedging instruments
Foreign currency swaps
$
2,066
160
(5)
1,959
243
(1)
Total cash
                  flow hedging instruments
160
(5)
243
(1)
Fair value
                  hedging instruments
IRS
136,408
20
(204)
69,692
21
(211)
Total fair
                  value hedging instruments
20
(204)
21
(211)
Nonqualifying

                  hedging instruments
OTC options
$
46,182
2,468
(2,009)
43,355
670
(494)
ETO
21,524
84
(138)
1,185
25
(5)
TBA securities
2,331
—
(8)
1,071
1
(8)
IRS
7,555
7
(13)
3,762
7
(14)
Futures
18,780
—
—
8,405
—
—
TRS
4,060
1
(14)
3,459
6
(14)
Total nonqualifying hedging instruments
2,560
(2,182)
709
(535)
Total
                  derivative instruments
$
2,740
(2,391)
973
(747)
(1)
Notional amounts are presented on an absolute basis.
Derivative Collateral Management
The Company manages derivative collateral for the general account and separate account
          combined. Additionally, said derivative collateral is managed separately between exchange-traded and OTC derivatives. The total collateral posted for
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 18 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
exchange-traded derivatives at June 30, 2023 and December 31, 2022, had a fair value of
          $2,140 and $1,203, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded collateral, but
          the collateral resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at June 30, 2023 and December 31, 2022, had a fair
          value of $186 and $25, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company posts collateral to OTC counterparties based upon
          exposure amounts. The Company retains ownership of the OTC collateral.
(h)    Offsetting Assets and Liabilities
The Company elects to disclose derivative assets and liabilities eligible for offset under
          SSAP No. 64 –
Offsetting and Netting of Assets and Liabilities
on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with the provisions set forth in SSAP No. 86.
          This treatment is consistent with the Company's historical reporting presentation.
(i)    Securities Lending
The Company loaned securities with a carrying value of
          $2,033 and $2,510 and a fair value of $1,778 and $2,102 as of June 30, 2023 and December 31, 2022, respectively. The aggregate amount of collateral received through securities lending at June 30, 2023 and December 31, 2022 is as follows:
Fair Value
2023
2022
Cash
Open
$
1,747
1,892
30 days or less
—
—
31 to 60
                  days
—
—
61 to 90 days
—
—
Greater
                  than 90 days
—
—
Subtotal
1,747
1,892
Securities
                  received
75
263
Total collateral received
$
1,822
2,155
The aggregate amount of cash collateral reinvested
          through securities lending at June 30, 2023 and December 31, 2022 is as follows:
2023
2022
Amortized cost
Fair value
Amortized cost
Fair value
Open
$
—
—
—
—
30 days or
                  less
685
685
969
969
31 to 60 days
389
389
338
338
61 to 90
                  days
68
69
26
26
91 to 120 days
93
93
117
117
121 to 180
                  days
111
111
156
156
181 to 365 days
335
335
286
287
Greater
                  than 1 year
—
—
—
—
Total collateral reinvested
$
1,681
1,682
1,892
1,893
As of June 30, 2023, the Company had borrowings
          outstanding of $66 from securities lending cash collateral, and therefore such amounts are excluded from the table above. The Company had no borrowings outstanding from securities lending collateral as of December 31, 2022.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 19 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
Reinvested collateral is recorded in Other invested
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at June 30, 2023 and December 31, 2022 is as follows:
2023
2022
Cash and
                  cash equivalents
$
1,023
1,254
Short-term investments
658
638
Total
$
1,681
1,892
(j)     Reverse Repurchase Agreements
The Company participates in both bilateral and tri-party
          repos. As of June 30, 2023 and December 31, 2022, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of June 30, 2023 and December 31, 2022.
All collateral received, as of June 30, 2023 and
          December 31, 2022, were bonds with a designated NAIC-1 rating.
Further information related to repos for the six months
          ended June 30, 2023 and the year ended December 31, 2022, is as follows:
As of end of period
2023
2022
1. Maturity
a. Overnight
$
765
460
b. 2 Days to
                  1 Week
—
—
2. Collateral Pledged and Securities
                  Acquired Under Repo
a. Cash
                  Collateral Pledged - Secured Borrowing
$
765
460
b. Fair Value of Securities Acquired
                  Under Repo - Secured Borrowing
765
460
Maximum Amount
2023
2022
1. Maturity
a. Overnight
$
850
997
b. 2 Days to
                  1 Week
—
303
c. Greater
                  than one week and less than one month
—
100
2. Collateral
                  Pledged and Securities Acquired Under Repo
a. Cash
                  Collateral Pledged - Secured Borrowing
$
850
1,165
b. Fair Value
                  of Securities Acquired Under Repo - Secured Borrowing
850
1,167
(k)    Non-insurance SCA Investments
A summary of the Company's SSAP No. 97 –
Investments in Subsidiary, Controlled and Affiliated Entities
, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of June 30, 2023 is as follows:
SCA Name
Gross Asset
Non-Admitted Asset
Net Admitted Assets
NAIC Filing Date
NAIC Filing Type
NAIC Filing Balance
Re-submission Required?
AZLPF
$
743
—
743
5/16/2022
S2
789
N
Total
$
743
—
743
XXX
XXX
789
XXX
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 20 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(l)    Federal Home Loan Bank (FHLB) Agreements
The Company held Class A FHLB membership stock of $10 and
          $10 at June 30, 2023 and December 31, 2022 and activity stock of $120 and $80 at June 30, 2023 and December 31, 2022. The Company has a fully collateralized funding agreement with a balance of $3,000 and $2,000 as of June 30, 2023 and
          December 31, 2022 which is recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.
Securities collateral pledged to FHLB at June 30, 2023 and December 31, 2022
          is as follows:
2023
2022
Carrying
                  value
$
3,848
2,372
Fair value
3,001
2,308
The maximum of collateral pledged to FHLB during the six months ended
          June 30, 2023 and for the year ended December 31, 2022 was as follows:
2023
2022
Carrying
                  value
$
4,642
2,774
Fair value
4,087
2,928
As of June 30, 2023 and December 31, 2022, the Company
          had $3,000 and $2,000 in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the six months ended June 30, 2023 and for the year ended December 31, 2022 was $4,085 and $2,400,
          respectively. Current borrowings are not subject to prepayment penalties. Outstanding borrowings as of June 30, 2023, were issued on various dates ranging from October 17, 2016 to June 20, 2023 and interest rates on those borrowings range from
          1.99% to 5.93%. Interest paid on borrowings was $84 and $9 for the six months ended June 30, 2023, and June 30, 2022, respectively.
(m)    Restricted Assets
As of June 30, 2023 and December 31, 2022, the Company
          had the following restricted assets with carrying values listed below, including assets pledged to others as collateral:
Gross Restricted
Percentage
Total general account
Total separate account
Total current year
Total from prior year
Increase
                  (decrease)
Total current year
                  admitted restricted
Gross restricted to total assets
Admitted restricted to total admitted assets
Collateral
                  held under security lending arrangements
$
1,822
896
2,718
3,334
(616)
2,718
1.0
%
1.0
%
FHLB Capital
                  Stock
130
0
130
90
40
130
0.1
%
0.1
%
On deposit
                  with states
4
0
4
4
—
4
—
%
—
%
On deposit
                  with other regulatory bodies
17
0
17
27
(10)
17
—
%
—
%
Pledged as
                  collateral to FHLB (including assets backing funding agreements)
3,848
0
3,848
2,372
1,476
3,848
2.2
%
2.2
%
Derivative
                  collateral
2,680
0
2,680
1,553
1,127
2,680
1.5
%
1.5
%
Modco assets
21,142
0
21,142
24,143
(3,001)
21,142
12.1
%
12.1
%
Total
                  restricted assets
$
29,643
896
30,539
31,523
(984)
30,539
16.9
%
16.9
%
(n)    Low Income Housing Tax Credits (LIHTC)
As of June 30, 2023 the Company had various LIHTC
          investments with a range of 2 to 11 remaining years of unexpired tax credits and no required holding period.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 21 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
The amount of tax credits and other tax benefits
          recognized during the six months ended June 30, 2023 and 2022 is $29 and $26, respectively.
The balance of the investment recognized in the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus is $421 and $448 as of June 30, 2023 and December 31, 2022, respectively.
Additionally, the Company's LIHTC investments require a commitment of
          capital. The Company has open capital commitments of $164 and $207 at June 30, 2023 and December 31, 2022, respectively, which are recorded as an unfunded commitment liability in other liabilities. LIHTC commitments are considered an open capital
          commitment beginning when the Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding the LIHTC.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 22 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(4)    Fair Value Measurements
SSAP No. 100R –
Fair Value
establishes a
          fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.
Level 1 –     Unadjusted quoted prices
          for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.
Level 2 –     Valuations derived from
          techniques that utilize observable inputs, other than quoted prices included in Level 1, which are observable for the asset or liability either directly or indirectly, such as:
(a)    Quoted prices for similar assets or liabilities in
          active markets.
(b)    Quoted prices for identical or similar assets or
          liabilities in markets that are not active.
(c)    Inputs other than quoted prices that are
          observable.
(d)    Inputs that are derived
          principally from or corroborated by observable market data by correlation or other means.
Level 3 –     Valuations derived from
          techniques in which the significant inputs are unobservable. Level 3 fair values reflect the Company's own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).
The Company has analyzed the valuation techniques and
          related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this evaluation and
          investment class analysis, each financial asset and liability was classified into Level 1, 2, or 3.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 23 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
The following presents the assets and liabilities
          measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at June 30, 2023 and December 31, 2022:
2023
Level 1
Level 2
(a)
Level 3
Total
Assets

                  at fair value:
Bonds
1
4
—
5
Common
                  stocks
195
—
5
200
Derivative
                  assets
84
2,655
1
2,740
Separate
                  account assets
16,055
8,124
—
24,179
Total assets
                  reported at fair value
16,335
10,783
6
27,124
Liabilities

                  at fair value:
Derivative
                  liabilities
138
2,239
14
2,391
Separate
                  account derivative liabilities
—
5,292
—
5,292
Total
                  liabilities reported at fair value
$
138
7,531
14
7,683
(a)
The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within
                    this table.
2022
Level 1
Level 2
(a)
Level 3
Total
Assets

                  at fair value:
Bonds
$
1
3
0
4
Common
                  stocks
155
—
5
160
Derivative
                  assets
25
1,065
6
1,096
Separate
                  account assets
15,872
3,062
—
18,934
Total assets
                  reported at fair value
16,053
4,130
11
20,194
Liabilities

                  at fair value:
Derivative
                  liabilities
5
741
14
760
Separate
                  account derivative liabilities
—
2,940
—
2,940
Total
                  liabilities reported at fair value
$
5
3,681
14
3,700
(a)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.
The following is a discussion of the methodologies used
          to determine fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability). The
          Company has not made changes to valuation techniques in 2023.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 24 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(a)    Valuation of Bonds and Unaffiliated Stock
The fair value of bonds is based on quoted market prices
          in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are
          utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order
          of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer
          quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing
          models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in the discounted cash flow models for
          states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDO and certain mortgage-backed securities are priced by a third-party vendor and the Company internally reviews the
          valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.
Generally, U.S. Treasury securities and exchange-traded
          stocks are included in Level 1. Most bonds for which prices are provided by third-party pricing sources are included in Level 2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds
          without active trading markets and private placement securities that are internally priced are included in Level 3.
The fair value of unaffiliated common stocks is based on
          quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on available market
          inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes received from third-party
          vendors.
(b)    Valuation of Derivatives
Active markets for OTC options do not exist. The fair
          value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario
          calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, credit default swaps (CDS), To Be Announced (TBA)
          securities, and interest rate swaps (IRS) are included in Level 2, because they use market observable inputs. TRS are included in Level 3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs
          and futures are based on quoted market prices and are generally included in Level 1.
Certain derivatives are priced using external
          third-party vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for
          reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis. The
          Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.
(c)    Valuation of Separate Account Assets and Separate
          Account Derivative Liabilities
Separate account assets and Separate account derivative
          liabilities, with the exception of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued, are carried at fair value, which is based on the fair value of the
          underlying assets which are
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 25 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
described throughout this note. Funds in the separate
          accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty. Variable investment option funds are included in Level 1 because their fair value
          is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general account (e.g., if the separate account invested in bonds, short-term investments and
          derivatives, that portion could be classified within Level 2 or Level 3). Certain bonds, cash, and cash equivalents, along with related accrued investment income, carried at amortized cost within the separate account have an amortized cost of
          $22,979 and $22,234 as of June 30, 2023 and December 31, 2022, respectively, and a fair value of $19,739 and $18,793 as of June 30, 2023 and December 31, 2022, respectively. Separate account assets carried at amortized cost are included in the
          table in section 4(h) below.
(d)    Level 3 Rollforward
The following table provides a reconciliation of the
          beginning and ending balances for the Company's Level 3 assets and liabilities measured at fair value on a recurring basis:
January 1, 2023
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, Issuances, Sales, and Settlements
June 30, 2023
Common
                  stocks
5
—
—
—
—
—
5
TRS assets
6
—
—
161
(5)
(161)
1
Total Level 3
                  Assets
11
—
—
161
(5)
(161)
6
TRS
                  liabilities
(14)
—
—
(146)
—
146
(14)
Total Level 3 Liabilities
$
(14)
—
—
(146)
—
146
(14)
January 1, 2022
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and settlements
December 31, 2022
Common
                  stocks
—
—
—
—
(2)
7
5
TRS assets
—
—
—
419
6
(419)
6
Total Level 3
                  Assets
—
—
—
419
4
(412)
11
TRS
                  liabilities
(15)
—
—
(871)
1
871
(14)
Total Level 3
                  Liabilities
$
(15)
—
—
(871)
1
871
(14)
(e)    Transfers
The Company reviews its fair value hierarchy
          classifications quarterly. Transfers between levels occur when there are changes in the observability of inputs and market activity.
All transfers into Level 3 were a result of observable
          inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new availability of reliable
          observable inputs or the ability to validate market price of the security against an alternative source.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 26 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(f)    Sensitivity of Fair Value Measurements to Changes
          in Unobservable Inputs
Bonds:
The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option
          adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.
CDO and certain mortgage-backed securities are priced by a third-party vendor and the
          Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates. A significant increase (decrease) in default
          rates in isolation could result in an decrease (increase) in fair value.
Common stocks:
The primary unobservable inputs used to value common stock are indicative quotes received from third-party vendors and subsequent offering prices. A significant increase (decrease) in
          either the indicative quotes or offering prices in isolation could result in an increase (decrease) in fair value.
Derivative assets and liabilities:
The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The key unobservable input would generally include the spread. For
          a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase (decrease) in the spread used in the fair
          value of the TRS in isolation could result in lower (higher) fair value.
(g)    Estimates
The Company has been able to estimate the fair value of
          all financial assets and liabilities.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 27 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(h)    Aggregate Fair Value of Financial Instruments
The following tables present the carrying amounts and
          fair values of all financial instruments at June 30, 2023 and December 31, 2022
(b)
:
2023
Fair Value
Aggregate Fair Value
Admitted Assets/
Carrying Value
Level 1
Level 2
Level 3
Financial

                  Assets
Bonds
$
81,645
91,496
5,167
55,012
21,466
Common
                  stocks, unaffiliated
330
330
195
—
135
Mortgage
                  loans on real estate
16,175
18,067
—
—
16,175
Cash
                  equivalents
1,922
1,912
1,064
765
93
Short-term
                  investments
950
949
680
—
270
Derivative
                  assets
2,740
2,740
84
2,655
1
Securities
                  lending reinvested collateral assets
1,681
1,681
—
1,681
—
Other
                  invested assets
1,544
1,575
—
181
1,363
Corporate
                  owned life insurance (COLI)
727
727
—
727
—
Separate
                  account assets
46,864
50,176
16,888
26,467
3,509
Financial

                  Liabilities
Deposit-type

                  contracts
$
3,914
4,039
—
—
3,914
Other
                  investment contracts
98,819
90,869
—
—
98,819
Borrowed
                  money
3,036
3,017
—
—
3,036
Derivative
                  liabilities
2,391
2,391
138
2,239
14
Payable for
                  securities lending
1,747
1,747
—
1,747
—
Payable for
                  securities
164
164
—
—
164
Separate
                  account liabilities
46,864
50,176
16,888
26,467
3,509
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 28 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
2022
Fair Value
Aggregate Fair Value
Admitted Assets/
                  Carrying Value
Level 1
Level 2
Level 3
Financial

                  Assets
Bonds
$
78,268
89,143
4,708
55,058
18,502
Common
                  stocks, unaffiliated
251
251
156
—
95
Mortgage
                  loans on real estate
16,020
17,728
—
—
16,020
Cash
                  equivalents
1,489
1,488
1,029
460
—
Short-term
                  investments
783
783
778
—
5
Derivative
                  assets
1,096
973
25
1,065
6
Securities
                  lending reinvested collateral assets
1,892
1,892
—
1,892
—
Other
                  invested assets
1,408
1,439
—
94
1,314
COLI
692
692
—
692
—
Separate
                  account assets
40,004
43,502
16,406
21,711
1,887
Financial

                  Liabilities
Deposit-type

                  contracts
$
4,122
4,233
—
—
4,122
Other
                  investment contracts
96,854
88,919
—
—
96,854
Borrowed
                  money
1,999
2,010
—
—
1,999
Derivative
                  liabilities
760
747
5
741
14
Payable for
                  securities lending
1,892
1,892
—
1,892
—
Payable for
                  securities
207
207
—
—
207
Separate
                  account liabilities
40,004
43,502
16,406
21,711
1,887
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.
A description of the Company's valuation techniques for
          financial instruments not reported at fair value and categorized within the fair value hierarchy is shown below:
Valuation of FHLB Stock
FHLB stock, included in Common stocks, is not traded in
          an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company's FHLB agreement that allow for return of outstanding shares of FHLB stock
          at the Company's cost basis.
Valuation of Mortgage Loans on Real Estate
The fair value of commercial mortgage loans on real
          estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash
          flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current market conditions.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 29 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
Valuation of Cash Equivalents
Cash equivalents are comprised of money market mutual
          funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds and cash equivalent bonds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are
          provided by third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable.
Valuation of Short-term Investments
Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value. The fair value leveling of short-term investments is determined similarly as bonds as discussed above.
Valuation of Securities Lending Reinvested Collateral Assets
Collateral held from securities lending agreements is
          primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair value of
          similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company's general account investment portfolio.
Valuation of Other Invested Assets
Other invested assets include surplus notes, LIHTC
          investments, limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets.
•
Surplus notes for which prices are provided by third-party pricing sources are included in Level 3, due to the use of unobservable inputs.
•
LIHTC investments (including the unfunded commitment asset) fair value is set equal to carrying value, as there is no observable market data on
          which to calculate fair value. Due to the use of unobservable inputs, they are categorized as Level 3.
•
Limited partnership investments are recorded using the cost method in line with SSAP No. 48, Joint Ventures, Partnerships, and Limited
          Liability Companies, using unobservable inputs. Due to the use of unobservable inputs, they are categorized as Level 3. The Company believes the cost method approximates fair value.
•
Loans to affiliates are carried at cost; due to the lack of an active market, the current carrying value is the only market price at which the
          transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, they are categorized as Level 3.
•
RSU assets are tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as Level
          2.
Valuation of COLI
The COLI policies held by the Company are carried at
          their respective cash surrender values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included
          within Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At June 30, 2023 and December 31, 2022, the cash surrender value in an investment vehicle is $727 and $692, respectively, and is allocated
          into the following categories based on primary underlying investment characteristics:
2023
2022
Bonds
46.0
%
47.0
%
Stocks
19.0
17.0
Other invested assets
35.0
36.0
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 30 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
Valuation of Deposit-Type Contracts
Fair values of deposit-type contracts are based on
          discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit standing and a risk margin for actuarial inputs.
Valuation of Other Investment Contracts
Other investment contracts are included within Life
          policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include
          life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit
          standing and a risk margin for market inputs.
Valuation of Borrowed Money
The fair value of the FHLB borrowing is calculated on a
          discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are discounted
          using the valuation date swap curve.
Valuation of Payable for Securities Lending
Securities lending payable is set equal the to the cash
          collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.
Valuation of Payable for Securities
Included in Payable for securities is the LIHTC
          investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
          categorized as Level 3.
Valuation of Separate Account Liabilities
The fair value of separate account liabilities approximates the fair value
          of separate account assets.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 31 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(5)    Income Taxes
Reconciliation of Federal Income Tax Rate to Actual
          Effective Rate
The provision for federal income taxes incurred is different from that which
          would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference for the six months ended June 30, 2023, and 2022 are as follows:
2023
2022
Income before taxes
21.0
%
21.0
%
Amortization of IMR
(0.4)
(0.3)
Dividends received
                  deduction
(0.4)
(0.2)
Nondeductible expenses
1.9
0.5
Affiliated LLC income
(0.1)
(0.3)
COLI
(0.9)
0.5
Tax hedges
15.2
(10.8)
Tax hedge
                  reclassification
(3.9)
(23.0)
Tax credits
(3.7)
(2.2)
Change in deferred
                  taxes on impairments
(1.5)
(0.8)
Change in deferred
                  taxes on non-admitted assets
(0.3)
(0.4)
Reinsurance
(3.8)
(1.5)
Tax contingencies
0.6
0.3
Realized capital gains
                  tax
(2.2)
(1.4)
Effective tax
                  rate
21.5
%
(18.6)
%
Federal and foreign
                  income taxes incurred
46.0
%
(20.6)
%
Realized capital gains
                  tax
(2.2)
(1.4)
Change in net deferred
                  tax
(22.3)
3.4
Effective tax
                  rate
21.5
%
(18.6)
%
(6)    Reinsurance
The Company maintains a modified-coinsurance agreement with Resolution Re
          for certain fixed-indexed annuities and Resolution Re has a retrocession agreement with Talcott Life Re for 20% of the quota-share. During the six months ended June 30, 2023, a novation of that agreement resulted in Talcott Life Re directly
          facing Allianz Life instead of facing Resolution Re. This novation did not result in the modification or derecognition of the novated reinsured liabilities, and does not have any financial impact on the Company.
(7)
Related-Party Transactions
(a)     Organization Changes
On November 30, 2022, the Company sold Allianz Individual
          Insurance Group (AIIG) and its wholly-owned subsidiaries, TruChoice Financial Group, LLC and Inforce Solutions, LLC.
(b)    Related-Party Invested Assets
The Company has an agreement to lend AZOA $39. The
          remaining loan balance was $30 as of June 30, 2023 and December 31, 2022 and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan began in 2021 and has a
          final maturity date of August 30, 2023. The interest rate is a fixed rate of 0.34%. Interest income earned and accrued had an immaterial impact to the Company during the six months ended June 30, 2023 and 2022, respectively.
The Company invests in limited partnerships that are
          managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for the limited partnerships is $227 of which $86 and $91 is
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 32 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
unfunded as of June 30, 2023 and December 31, 2022,
          respectively. As of June 30, 2023 and December 31, 2022, the fair value of the investment is $163 and $143, respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and
          Surplus.
The Company has a seed money investment in exchange
          traded funds that are managed by a related party, PIMCO, with a reported balance of $30 and $31 as of June 30, 2023 and December 31, 2022, respectively, and within Other invested assets on the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus. There is no additional commitment related to these investments.
The Company invests in bonds that are managed by a
          related party, PIMCO. The Company's committed capital for the PIMCO bonds as of June 30, 2023 and December 31, 2022 was $1,300 and $1,260, respectively, of which $441 and $488 was unfunded. The Company reported a balance of $811 and $725 as of
          June 30, 2023 and December 31, 2022, respectively, related to the PIMCO bonds.
The Company has a seed money investment in exchange
          traded funds that are managed by a related party, AIM. The Company reported a balance of $92 and $57 as of June 30, 2023 and December 31, 2022 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. There is no additional commitment related to these investments.
(c)     Service
          Fees
The Company incurred fees for services provided by
          affiliated companies of $179 and $89 in the six months ended June 30, 2023 and 2022, respectively. The Company's liability for these expenses was $70 and $32 at June 30, 2023 and December 31, 2022, respectively, and is included in Other
          liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company earned revenues for various services provided
          to affiliated companies and subsidiaries of $41 and $37 in the six months ended June 30, 2023 and 2022, respectively. The receivable for these revenues was $9 and $6 at June 30, 2023 and December 31, 2022, respectively, and is included in Other
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company has agreements with its affiliate PIMCO
          whereby (1) specific investment options managed by PIMCO are made available through the Company's separate accounts to holders of the Company's variable annuity products, and (2) the Company receives compensation for providing administrative and
          recordkeeping services relating to the investment options managed by PIMCO. Income recognized by the Company from these affiliates for distribution and in-force related costs as a result of providing investment options to the contractholders was
          $2 and $3 during the six months ended June 30, 2023 and 2022, which is included in Fees from separate accounts on the Statutory Statements of Operations. At June 30, 2023 and December 31, 2022, an immaterial was included for related receivables
          of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company has incurred commission expense related to
          the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $184 and $187 for the six months ended June 30, 2023 and 2022, respectively. The Company has an agreement with ALFS, whereby interest
          receivable is assigned to the Company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in performing services for the
          Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded net (expense) revenue from this agreement of $(23) and $(19)
          for the six months ended June 30, 2023 and 2022, respectively.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 33 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
(d)     Dividends
          to Parent
During the six months ended June 30, 2023 and 2022, the
          Company paid cash dividends to AZOA of $175 and $4,100, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2023 were considered ordinary and the dividends paid in 2022 were
          considered extraordinary.
(e)     Capital
          Contributions and Dividends with Subsidiaries
During the the six months ended June 30, the Company
          received dividends from its subsidiaries as follows:
2023
2022
Allianz Investment
                  Management, LLC (AIM)
$
18
$
25
$
18
$
25
During the six months ended June 30, the Company made
          capital contributions to subsidiaries as follows:
2023
2022
AZNY
$
30
$
30
ALFS
23
19
Allianz Strategic
                  Investments, LLC (ASI)
—
8
$
53
$
57
(f)     Reinsurance
The Company wholly-owns AZMO, a Special Purpose Life
          Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company's net liability of level term life
          insurance policies and certain universal life insurance policies written directly by the Company. The Company recorded premium of $1 and an immaterial amount of ceding commission for the six months ended June 30, 2023 and 2022, respectively. In
          addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of which $2 and $1 was amortized in the six months ended June 30, 2023 and 2022, respectively, and included in Commissions and expense
          allowances on reinsurance ceded on the Statutory Statements of Operations.
The Company has reinsurance recoverables and receivables
          related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 as of June 30, 2023 and December 31, 2022 and are included in Other assets on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus.
(g)     Line of Credit Agreement
The Company has a line of credit agreement with AZNY, to provide liquidity,
          as needed. The Company's lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. No amounts have been borrowed during the six months ended June 30, 2023 and for the year
          ended December 31, 2022.
(8)    Commitments and Contingencies
The Company and its subsidiaries are named as defendants in various pending or threatened
          legal proceedings on an ongoing basis, arising from the conduct of business, including three class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of California, L.A. County, BC594715), Small v. Allianz Life
          Ins. Co. of North America (United Stated District Court, Central District of California, Case No. 2:20-cv-01944-AB (KESx)(Small I), and Small v Allianz Life Ins. Co. of North America (Superior Court of California, L.A. County,
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 34 of 35
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to the Statutory Financial Statements (unaudited)
(Dollars in millions, except share data and security holdings quantities)
22STCV17838)(Small II). The Sanchez case was certified as a class; and the parties settled
          the matter and the settlement has been granted final approval by the Court. The Small I and Small II cases are related. The Small I case was certified as a class; the Small II case has not been certified as a class. On August 25, 2023, the Small
          I court granted partial summary judgment for the class on liability, leaving the issue of damages for trial, and granted summary judgment against part of the class on Allianz Life's statute of limitations defense. The order is not a final
          judgment, and Allianz Life continues to defend itself. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and
          there can be no assurance that such litigation, or any future litigation, will not have a material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred.
The Company is contingently liable for possible future
          assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.
The financial services industry, variable and fixed
          annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.
Federal and state regulators, such as state insurance
          departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various
          selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is and may become subject to ongoing market conduct examinations and
          investigations by regulators, which may have a material adverse effect on the Company.
It can be expected that annuity and life product designs,
          management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.
These matters could result in legal precedents and new
          industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will
          have a material adverse effect on the Company in the future.
Certain guarantees of the Company provide for the
          maintenance of a subsidiary's regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
          Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the guarantees.
          Capital contributions made during the three months ended June 30, 2023 and 2021 are detailed in Note 7.
The Company had investments in limited partnerships that required a
          commitment of capital of $1,103 and $446 as of June 30, 2023 and December 31, 2022, respectively.
(9)    Subsequent Events
The Company has evaluated subsequent events through
          September 29, 2023, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since June 30, 2023 that require adjustment to the Statutory Financial Statements.
Unaudited Statutory Financial Statements for the interim period ended June 30, 2023
Page 35 of 35
Part I
Item 11(f).
Selected Financial Data
(dollars in millions, unless otherwise stated)
The following table sets forth the Company's selected historical financial
          data. The selected financial data has been derived from the Statutory Financial Statements included elsewhere in this prospectus, and should be read in conjunction with "Management's Discussion and Analysis of Financial Condition and Results of
          Operations" and the Company's audited Statutory Financial Statements.
These historical results are not necessarily indicative of results to be
          expected for any future period.
Year ended December 31,
Selected income data
2022
2021
2020
2019
2018
Premium and annuity considerations*
$
14,427
14,291
10,542
13,029
12,193
Net investment income
4,544
4,866
4,864
4,839
4,593
Ceded reinsurance
                  reserve and expense adjustments
(545)
639
(45)
329
245
Fees from separate accounts
488
574
567
613
676
Other income
(503)
(32)
694
(13)
(3)
Total income
18,411
20,338
16,622
18,797
17,704
Policyholder benefits
                  and surrenders
8,499
10,876
10,343
10,368
9,436
Change in aggregate reserves
3,113
4,316
2,465
1,034
7,299
General and
                  administrative and commission
2,236
2,195
1,739
1,878
1,770
Net transfers to separate accounts
1,732
2,424
1,460
5,254
(2,009)
Total
                  benefits and other expenses
15,580
19,811
16,007
18,534
16,496
Income tax (benefit) expense
(2)
1,091
18
773
(51)
Net realized capital
                  (loss) gain
(1,986)
1,856
142
1,053
(490)
Net income
$
847
1,292
739
543
769
Capital and Surplus:
Change in unrealized capital (loss) gain
$
(516)
(142)
(61)
719
(230)
Dividends to parent
(4,100)
(900)
(750)
(325)
—
Other change in capital & surplus
(421)
2,794
(220)
441
26
Net change in
                  capital & surplus
$
(4,190)
3,044
(292)
1,378
565
*Includes premiums and
                  annuity and supplementary contract considerations.
As of December 31,
Selected balance sheet
                  data
2022
2021
2020
2019
2018
Total cash and invested assets
$
115,664
122,829
125,229
121,870
117,204
Investment income due
                  and accrued
1,273
947
1,040
1,031
1,047
Other admitted assets
1,684
1,480
1,218
945
951
Separate account
                  assets
43,502
48,279
45,901
34,638
22,835
Total
                  admitted assets
162,123
173,535
173,388
158,484
142,037
Total policyholder
                  liabilities
105,229
103,933
109,353
107,098
107,118
Other liabilities
6,877
10,618
10,473
8,794
5,507
Separate account
                  liabilities
43,502
48,279
45,901
34,638
22,835
Total
                  liabilities
155,608
162,830
165,727
150,530
135,460
Total capital
                  and surplus
$
6,515
10,705
7,661
7,954
6,576
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 1 of 22
Item 11(h).
Management's Discussion and Analysis of Financial Condition and Results of
          Operations
The following discussion and analysis provides an assessment by management
          of the Company's financial condition as of December 31, 2022, compared with December 31, 2021, and its results of operations for each of the three years ended December 31, 2022, 2021, 2020, respectively. The information contained herein should be
          read in conjunction with the financial statements, notes, exhibits and schedules in the 2022 and 2021 Annual Statement and audited Statutory Financial Statements of the Company. Amounts are presented on a non-consolidated basis in accordance with
          Statutory Accounting Principles (SAP).
Forward-looking Statements
This report reviews the Company's financial condition and results of
          operations. Where appropriate, factors that may affect future financial performance are also identified and discussed. Certain statements made in this report include "forward-looking statements" within the meaning of the Private Securities
          Litigation Reform Act of 1995. Forward- looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts, and may contain words like "believe",
          "expect", "estimate", "project", "budget", "forecast", "anticipate", "plan", "will", "shall", "may", and other words, phrases or expressions with similar meaning. Forward-looking statements are subject to risks and uncertainties. Readers are
          cautioned not to place undue reliance on forward-looking statements as a prediction of actual results. The Company undertakes no obligation to update publicly or revise any forward-looking statements.
Company Overview
Allianz Life is a wholly owned subsidiary of Allianz of America, Inc.
          (AZOA), which is a subsidiary of Allianz Europe, B.V.. Allianz Europe, B.V. is a wholly owned subsidiary of Allianz SE, the Company's ultimate parent, which is incorporated in Munich, Germany. The Company is a life insurance company domiciled in
          the State of Minnesota and is licensed to sell insurance products in all U.S. states, except New York, several U.S. territories, and Canada. The Company offers a portfolio of individual fixed-indexed annuities, variable-indexed annuities, and
          individual ordinary fixed-indexed universal life (FIUL) products. The Company's products are either sold through licensed independent agents contracted with a field marketing organization or insurance agency, or licensed registered
          representatives contracted with a broker/dealer. The Company also maintains a closed portfolio of fixed and variable annuities, individual and group long-term care (LTC) and group life, annuity and accident and health policies, and does not
          actively issue new policies related to these products.
The Company has organized its principal operations into the following
          segments: Individual Annuities, Life, and Legacy.
Individual Annuities
The Individual Annuities segment provides tax-deferred investment growth
          and lifetime income opportunities for our customers through fixed, fixed-indexed and variable-indexed. The "fixed" and "variable" classifications describe whether we or the contractholders bear the investment risk of the assets supporting the
          contract. We are one of the largest sellers of fixed-indexed and variable-indexed products. Fixed and variable annuities provide for both asset accumulation and asset distribution needs. Our Individual Annuity products are sold through both
          independent distribution channels made up of agents and registered representatives.
Fixed annuities provide guarantees related to the preservation of principal
          and interest credited. In 2022, sales of our fixed-indexed annuity products were higher than the prior year due to impacts of increasing interest rates and strong sales for the Allianz 222
®
due to a 2022 sales promotion. In 2021, sales of our
          fixed-indexed annuity products were higher than the prior year due to impacts of increasing interest rates and strong sales for the Allianz Benefit Control
®
due to a 2021 sales promotion.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 2 of 22
Variable annuities allow the contractholder to make deposits into various
          investment options and also have unique product features that allow for guaranteed minimum income benefits, guaranteed minimum accumulation benefits, guaranteed minimum death benefits, and guaranteed minimum withdrawal benefits. The variable
          annuity products with guaranteed minimum benefits which provide a minimum return based on their initial deposit may be increased by additional deposits, bonus amounts, or other account crediting features. The income and accumulation benefits
          shift a portion of the investment risk from the contractholder back to the Company. The Company's variable annuity sales strategy has shifted to variable-indexed annuity products, which combines a separate account option with a general account
          option that is similar to a fixed-indexed annuity. In 2022, sales of variable-indexed annuities were lower than the prior year due to weaker sales for the Index Advantage Income
®
product driven by the market environment. In 2021, sales of
          variable-indexed annuities were higher than the prior year due to strong sales for the Index Advantage Income
®
product driven by the market environment and a 2021 sales promotion.
Life
Our life insurance products provide flexibility and control over a person's
          assets, providing the assurance that the beneficiaries will be protected after the insured is gone and, in certain cases, to add cash value accumulation potential. The sales focus of our Life segment is our FIUL insurance products. Deposits are
          credited to an account maintained for the policyholder. Our individual life products are sold through independent distribution channels made up of agents and registered representatives. The Life business has continued to grow for the last several
          years and was driven by strong product proposition.
Legacy
The Legacy business consists of closed blocks of LTC and Special Markets
          products. The Special Markets products include individual and group annuity and life products, including universal life and term life insurance. Although Legacy products are part of the total results, the Company does not allocate additional
          resources to these areas other than to maintain the operational support to its current customers. The Company enters into reinsurance agreements to manage risk resulting from businesses we have chosen to exit. The performance of these product
          lines is not material enough to warrant discussion as separate operating segments.
Income and Expense Allocation
We maintain segregated investment portfolios for the Company but do not
          maintain segregated portfolios for each segment. All net investment income and other Corporate income and expense activity is allocated to the segments. Assets are only monitored at the total Company level, and as such, asset disclosures by
          segment are not included herein.
Income and expense related to assets backing policyholder reserves are
          allocated to the segments based on policyholder statutory reserve levels. The results of our segments also reflect allocation of income and expense related to assets backing surplus. Income and expense related to assets backing surplus are
          allocated to the segments based on estimated required capital levels for each segment.
Basis of Presentation
The Statutory Financial Statements have been prepared in accordance with
          accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and reporting the
          financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of SAP, without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC SAP. These practices differ in some respects
          from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial Statements.
The preparation of Statutory Financial Statements in conformity with NAIC
          SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December 31, 2022, and 2021 and the
          reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the estimates used
          within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 3 of 22
Adoption of New Financial Accounting Standards
See Note 3 – "Accounting Changes and Correction of Errors" of the Company's
          audited Statutory Financial Statements in this prospectus for information related to recent accounting pronouncements.
Application of Critical Accounting Policies
Our accounting policies require management to make interpretative and
          valuation judgments and to make estimates based upon assumptions that affect the amounts of assets, liabilities, revenues, and expenses reported in our Statutory Financial Statements. Because the use of assumptions and estimates inherently
          entails uncertainty, the effects of accounting policies under different conditions could produce results that are significantly different. A discussion of the presentation of the business factors that affect critical accounting policies can be
          found in Note 2 of the accompanying Statutory Financial Statements and are summarized below.
Accounting for Investments
Investment valuation and presentation are determined to be in accordance
          with methods prescribed by the NAIC. See Note 5 and 6 of the audited Statutory Financial Statements for additional information regarding the portfolio and fair value of investments.
Aggregate Reserves for Life Policies and Annuity
          Contracts
See Notes 12 through 14 of the audited Statutory Financial Statements for
          additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts.
Derivatives
See Notes 2 and 5 of the audited Statutory Financial Statements for
          additional information regarding our derivatives and hedging instruments.
Reinsurance
See Note 11 of the audited Statutory Financial Statements for additional
          information regarding reinsurance agreements we have entered into to manage insurance risk, as well as businesses we exited.
Income Taxes
See Note 9 of the audited Statutory Financial Statements for additional
          information regarding income tax estimates and assumptions.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 4 of 22
Results of Operations
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Income:
Premium and annuity considerations*
$
14,427
14,291
10,542
$
136
1.0
%
$
3,749
35.6
%
Net investment
                  income
4,544
4,866
4,864
(322)
(6.6)
2
—
Ceded reinsurance reserve and expense
                  adjustments
(545)
639
(45)
(1,184)
(185.3)
684
1,520.0
Fees from
                  separate accounts
488
574
567
(86)
(15.0)
7
1.2
Other income
(503)
(32)
694
(471)
(1,471.9)
(726)
(104.6)
Total
                  income
18,411
20,338
16,622
(1,927)
(9.5)
3,716
22.4
Benefits and other expenses:
Policyholder
                  benefits and surrenders
8,499
10,876
10,343
(2,377)
(21.9)
533
5.2
Change in aggregate reserves
3,113
4,316
2,465
(1,203)
(27.9)
1,851
75.1
General and
                  administrative and commission
2,236
2,195
1,739
41
1.9
456
26.2
Net transfers to separate accounts
1,732
2,424
1,460
(692)
(28.5)
964
66.0
Total
                  benefits and other expenses
15,580
19,811
16,007
(4,231)
(21.4)
3,804
23.8
Pretax income (loss)
2,831
527
615
2,304
437.2
(88)
(14.3)
Income tax
                  (benefit) expense
(2)
1,091
18
(1,093)
(100.2)
1,073
NM**
Net realized capital (loss) gain
(1,986)
1,856
142
(3,842)
(207.0)
1,714
1,207.0
Net income
                  (loss)
$
847
1,292
739
(445)
(34.4)
%
$
553
74.8
%
Capital and Surplus:
Change in
                  unrealized capital (loss) gain
$
(516)
(142)
(61)
(374)
(263.4)
%
$
(81)
(132.8)
%
Dividends to parent
(4,100)
(900)
(750)
(3,200)
(355.6)
(150)
(20.0)
Other change in
                  capital & surplus
(421)
2,794
(220)
(3,215)
(115.1)
3,014
1,370.0
Net change in capital & surplus
$
(4,190)
3,044
(292)
(7,234)
(237.6)
%
$
3,336
1,142.5
%
*Includes premiums and annuity and
                  supplementary contract considerations.
**Not meaningful
Year Ended December 31, 2022
Compared to
Year Ended December 31, 2021
Overview
The decrease in capital and surplus was primarily driven by dividends paid
          to AZOA, net realized capital losses on derivatives, and a decrease in Other change in capital and surplus which is lower due to a large one-time gain on new reinsurance transactions in Q4 2021. These impacts were partially offset by decreases in
          policyholder benefits and surrenders due to the reinsurance transaction and a decrease in aggregate reserve change due to negative equity markets.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations
          increased primarily due to higher fixed-indexed annuity premium driven by competitive product features and a 2022 sales promotion
for the Allianz 222
®
products. For the Life segment, premiums and annuity considerations
increased
          as a result of an increase in first year and renewal premiums
on Life Pro Plus Advantage
®
due to a growing
          block of business.
•
Net investment income:
Net investment income decreased primarily due to a decrease in fixed annuity invested assets as a result of a coinsurance transaction in Q4 2021, partially offset by an increase in the Life segment due to an
          increase in invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded
          reinsurance reserve and expense adjustments was negative primarily due to Modco ceded reserves and Modco ceded investment income, as well as a decrease in reinsurance deferred gain impacts in the Individual Annuities segment.
•
Fees from separate accounts
: Fees from separate accounts decreased primarily due to lower separate account assets on the traditional variable annuity block of business due to negative equity markets.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 5 of 22
•
Other income:
Other income decreased primarily due to derivative income on interest rate swaps that hedge variable annuities, primarily driven by increasing interest rates, within the Individual Annuity segment.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits
          and surrenders decreased primarily due to decreases in surrenders within the Individual Annuity segment driven primarily by an increase in ceded benefits as a result of the reinsurance transaction in Q4 2021, partially offset by an increase in
          surrender and death claim activity in the Life segment.
•
Change in aggregate reserves:
Change in aggregate reserves decreased primarily due to a decrease in the Individual Annuities segment driven by a decrease in index crediting on fixed annuity, partially offset by an
          increase in variable annuity reserves; both due to equity market movements. The Life segment reserves also decreased due to lower index credits as a result of the negative equity market performance in 2022, partially offset by an increase in
          premiums.
•
General and administrative and commission:
General, administrative and commission expense increased slightly due to an increase in commissions expense as a result of higher premium from the sale of fixed-indexed annuities in
          the Individual Annuity segment.
•
Net transfers to separate accounts:
Net transfers to
          separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to lower variable-indexed premium in the Individual Annuities segment.
•
Income tax expense (benefit)
: Income tax benefit was driven by relatively low taxable income driven by derivative hedging impacts in the Individual Annuity segment, further impacted by Low Income Housing Tax Credits.
•
Net realized capital (loss) gain:
Net realized capital loss due to losses on derivatives hedging both the fixed-indexed annuities and life products, partially offset by gains on derivatives hedging variable-indexed annuity
          product liabilities as a result of a decrease in equity markets.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to losses on derivatives in the Individual Annuities segment and the Life segment.
•
Dividends to parent:
Dividends of $4,100 were paid to the parent in 2022 as a result of the Q4 2021 reinsurance transaction.
•
Other change in capital and surplus:
Other change in capital and surplus was higher in 2021 due to the net deferred gain on the reinsurance agreements. Other unfavorable impacts in 2022 include a change in deferred income
          taxes as a result of negative hedging impacts.
Year Ended December 31, 2021 Compared to Year Ended December 31, 2020
Overview
The increase in capital and surplus was primarily driven by gains on new
          reinsurance transactions, mostly related to the initial ceding commission and reserve impacts, and impacts from favorable equity markets resulting in net gains on derivatives hedging fixed-indexed and life product liabilities. These items were
          partially offset by a higher dividend payment to our parent company.
Income
•
Premium and annuity considerations
:
I
ndividual Annuities premiums and annuity considerations increased primarily due to
higher fixed-indexed and variable-indexed annuity premium driven by competitive product features and 2021 sales promotions on both the Allianz Benefit Control® and Allianz Index
          Advantage Income® products
.
The Life segment increased as a result of an increase in first year and renewal premiums
on Life Pro Plus Advantage
®
due to a growing block of business.
•
Net investment income:
Net investment income increased slightly primarily due to growth in the fixed-indexed annuity, variable-indexed annuity and Life segment invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to impacts from new inforce reinsurance agreements in the Individual Annuities segment.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 6 of 22
•
Fees from separate accounts
:
Fees from separate accounts slightly increased primarily due to higher separate account assets on the traditional variable annuity block of business due to
          positive equity markets, mostly offset by surrenders.
•
Other income:
Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities, primarily driven by increasing interest rates, within
          the Individual Annuity segment.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased slightly primarily due to an increase in annuitizations and surrenders within the Individual Annuity segment and increased death claims in
          the Life segment.
•
Change in aggregate reserves:
Change in aggregate reserves increased primarily due to an increase in the Individual Annuities segment driven by higher new reserves established due to higher production and an increase
          in index crediting due to positive equity markets, as well as an increase in the Life segment reserves due to higher premiums and an increase in index credits. This was partially offset by variable annuity reserve decreases, due to rising equity
          markets.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher production in the Individual Annuity and Life
          segments.
•
Net transfers to separate accounts:
Net transfers to separate accounts increased due to increased premium from Index Advantage Income® in the Individual Annuities segment.
•
Income tax expense (benefit)
: There is a federal income tax expense in 2021 due to impacts from realized and unrealized gains on derivatives hedging liabilities in the Company's Individual Annuity and Life segments
          and gains from new reinsurance transactions in the Individual Annuity segment.
•
Net realized capital (loss) gain:
Net realized capital gains increased due to gains on derivatives hedging fixed-indexed annuities and life product liabilities, partially offset by losses on derivatives hedging
          variable-indexed annuity product liabilities.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to losses on derivatives in the Individual Annuities segment and the Life segment.
•
Dividends to parent:
Dividends of $
900
were paid to the parent in
          2021.
•
Other change in capital and surplus:
Other change in capital and surplus increased due to impacts from new inforce reinsurance agreements which were entered in 2021 and the change in deferred income taxes as a result of
          positive derivative hedging impacts within our Individual Annuities segment. There was also a change in asset valuation reserve (AVR) that decreased capital and surplus due to the growth of the Company's general account investment portfolio.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 7 of 22
Individual Annuities
Segment Results of Operations
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Income:
Premium and annuity considerations*
$
12,811
12,766
9,268
$
45
0.4
%
$
3,498
37.7
%
Net investment
                  income
4,056
4,467
4,531
(411)
(9.2)
(64)
(1.4)
Ceded reinsurance reserve and expense
                  adjustments
(531)
656
(54)
(1,187)
(180.9)
710
1,314.8
Fees from
                  separate accounts
488
574
567
(86)
(15.0)
7
1.2
Other income
(501)
(37)
691
(464)
(1,254.1)
(728)
(105.4)
Total
                  income
16,323
18,426
15,003
(2,103)
(11.4)
3,423
22.8
Benefits and other expenses:
Policyholder
                  benefits and surrenders
8,150
10,584
10,073
(2,434)
(23.0)
511
5.1
Change in aggregate reserves
2,024
2,789
1,474
(765)
(27.4)
1,315
89.2
General and
                  administrative and commission
1,827
1,756
1,369
71
4.0
387
28.3
Net transfers to separate accounts
1,734
2,426
1,462
(692)
(28.5)
964
65.9
Total
                  benefits and other expenses
13,735
17,555
14,378
(3,820)
(21.8)
3,177
22.1
Pretax income
2,588
871
625
1,717
197.1
246
39.4
Income tax
                  (benefit) expense
(2)
1,802
18
(1,804)
(100.1)
1,784
NM**
Net realized capital (loss) gain
(1,701)
1,519
67
(3,220)
(212.0)
1,452
2,167.2
Net income
                  (loss)
$
889
588
674
$
301
51.2
%
$
(86)
(12.8)
%
Capital and Surplus:
Change in
                  unrealized capital (loss) gain
$
(423)
(125)
(79)
$
(298)
(238.4)
%
$
(46)
(58.2)
%
Other change in capital & surplus
(400)
2,792
(220)
(3,192)
(114.3)
3,012
1,369.1
Net change in
                  capital & surplus
$
66
3,255
375
$
(3,189)
(98.0)
%
$
2,880
768.0
%
*Includes premiums and annuity and
                  supplementary contract considerations.
**Not meaningful
Selected Operating Performance Measures
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Individual Annuities
Deposits
$
13,439
13,226
9,474
213
1.6
%
3,752
39.6
%
In-force
139,294
141,131
131,228
(1,837)
(1.3)
%
9,903
7.5
%
Deposits and in-force amounts in the table above are for direct and assumed
          business. Deposits reflect amounts collected on both new and renewal business. In-force represents account values of the annuity contracts. In 2022, sales of our fixed-indexed annuity products were higher than the prior year due to impacts of
          increasing interest rates and strong sales for Allianz 222
®
due to a 2022 sales promotion. In 2021, sales of our fixed-indexed annuities were higher than the prior period due to
competitive product features and a 2021 sales promotion. Sales of
variable-indexed annuities were higher in 2021 due to higher sales on the Index Advantage suite of products driven by the market environment and a sales promotion.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 8 of 22
Change in Key Market Factors
Our Individual Annuities segment is impacted by various market impacts
          which are summarized below:
Year ended December 31,
% change
2022
2021
2020
2022 - 2021
2021 - 2020
Stock Index
S&P 500
(19.44)%
26.89%
16.26%
(46.33)%
10.63%
NASDAQ 100
(32.97)%
26.63%
47.58%
(59.60)%
(20.95)%
BUDBI
(13.57)%
6.35%
9.08%
(19.92)%
(2.73)%
BUDBI II
(10.80)%
4.60%
6.15%
(15.40)%
(1.55)%
As of December 31,
Basis point (bps) change
2022
2021
2020
2022 - 2021
2021 - 2020
Interest Rates
Swap rate - 10 year
3.84%
1.58%
0.93%
226bps
65bps
Swap rate -
                  20 year
3.74%
1.76%
1.32%
198bps
44bps
Year Ended December 31, 2022
Compared to
Year Ended December 31, 2021
Overview
The Individual Annuities segment net increase in capital and surplus was
          lower compared to the prior year due to one-time impacts of new reinsurance agreements in 2021 that covered certain fixed-indexed annuities, in addition to negative equity market impacts in 2022.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations
          increased primarily due to higher fixed-indexed annuity premium driven by competitive product features and a 2022 sales promotion
for the Allianz 222
®
products.
•
Net investment income:
Net investment income decreased primarily due to decreases in fixed annuity allocated investment income due to lower reserves as a result of a coinsurance transaction in Q4 2021.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments was negative primarily due to Modco ceded reserves and Modco ceded investment income, as well as a decrease in reinsurance
          deferred gain impacts.
•
Fees from separate accounts
: Fees from separate accounts decreased primarily due to lower separate account assets on the traditional variable annuity block of business due to negative equity markets.
•
Other income:
Other income decreased primarily due to derivative income on interest rate swaps that hedge variable annuities, primarily driven by increasing interest rates.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders decreased primarily due to decreases in surrenders on both the fixed and variable annuity lines of business as well as decreases in death claims and annuitizations on
          the fixed annuity line of business. The fixed annuity decreases are also driven primarily by an increase in ceded benefits as a result of the reinsurance transaction in Q4 2021.
•
Change in aggregate reserves:
Change in aggregate reserves decreased primarily due to a decrease in fixed reserves due to a decrease in index crediting, partially offset by an increase in variable annuity reserves; both due to negative equity market
          movements.
•
General and administrative and commission:
General, administrative and commission expense increased due to an increase in commissions expense as a result of higher sales of fixed-indexed annuities.
•
Net transfers to separate accounts:
Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and decreased due to lower variable-indexed premium.
•
Income tax expense (benefit)
: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 9 of 22
•
Net realized capital (loss) gain:
Net realized capital loss due to losses on derivatives hedging fixed-indexed annuities, partially offset by gains on derivatives hedging variable-indexed annuity product liabilities as a
          result of a decrease in equity markets.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to losses on derivatives used to hedge product liabilities on fixed-indexed annuities, partially offset by gains on derivatives hedging
          variable-indexed annuities.
•
Other change in capital and surplus:
Other change in capital and surplus was higher in 2021 due to the net deferred gain on new reinsurance agreements. Other unfavorable impacts in 2022 include a change in deferred income
          taxes as a result of negative hedging impacts.
Year Ended December 31, 2021 Compared to
Year Ended December 31, 2020
Overview
The Individual Annuities segment net increase in capital and surplus was
          primarily driven by impacts from positive equity markets and impacts from new reinsurance agreements covering certain fixed-indexed annuities. Notably, the Company executed two new reinsurance agreements effective October 1, 2021; a modified
          coinsurance agreement covering approximately
$26 billion of inforce reserves and a coinsurance
          agreement covering approximately $8 billion
of inforce reserves.
Income
•
Premium and annuity considerations
:
Premium and annuity considerations
          increased primarily due to higher fixed-indexed and variable-indexed annuity premium driven by competitive product features and a 2021 sales promotion on both the Allianz Benefit Control
®
and Index Advantage Income
®
products.
•
Net Investment Income
: Net investment income slightly decreased primarily due to lower investment yields and net investment income ceded as part of the new coinsurance agreement.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased primarily due to impacts from the new reinsurance agreements
.
•
Fees from separate accounts
: Fees from separate accounts slightly increased primarily due to higher separate account assets on the traditional variable annuity block of business due to positive equity markets, mostly offset by surrenders.
•
Other income:
Other income decreased primarily due to a decrease in derivative income on interest rate swaps that hedge changes in cash flows for variable annuities, primarily driven by increasing interest rates.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in annuitizations on both the fixed and variable annuity lines of business, and increase in surrenders on the variable annuity
          line of business. This was partially offset by a decrease in surrenders on the fixed annuity line of business.
•
Change in aggregate reserves:
Change in aggregate reserves increased primarily due to higher new annuity reserves established due to higher production and an increase in index crediting due to positive equity markets, partially offset by variable
          annuity reserve decreases due to rising equity markets.
•
General and administrative and commission:
General, administrative and commission expense increased primarily due to an increase in commissions expense as a result of higher premium from the sale of both fixed-indexed and
          variable-indexed annuities.
•
Net transfers to separate accounts:
Net transfers to separate accounts is driven by new premium and offset by contractholder withdrawals, and increased due to increased premium from Index Advantage Income®.
•
Income tax expense (benefit)
: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
•
Net realized capital (loss) gain:
Net realized capital gain increased due to gains on derivatives hedging fixed-indexed annuities, partially offset by losses on derivatives hedging variable-indexed annuity product
          liabilities as a result of an increase in equity markets.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 10 of 22
Capital and Surplus
•
Change in unrealized capital gain (loss):
Unrealized capital losses are primarily due to losses on derivatives used to hedge product liabilities on fixed-indexed annuities and variable-indexed annuities.
•
Other change in capital and surplus:
Other change in capital and surplus increased due to the net deferred gain on new reinsurance agreements. Other favorable impacts include a change in deferred income taxes as a result of
          positive hedging impacts offset by a change in AVR that decreased capital and surplus as a result of the growth of our investment portfolio.
Life
Segment Results of Operations
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Income:
Premium and annuity considerations
$
1,447
1,363
1,115
$
84
6.2
%
$
248
22.2
%
Net investment
                  income
328
259
210
69
26.6
49
23.3
Ceded reinsurance reserve and expense
                  adjustments
(21)
(23)
3
2
8.7
(26)
(866.7)
Other income
(1)
3
2
(4)
(133.3)
1
50.0
Total
                  income
1,753
1,602
1,330
151
9.4
272
20.5
Benefits and other
                  expenses:
Policyholder benefits and surrenders
232
194
173
38
19.6
21
12.1
Change in
                  aggregate reserves
869
1,216
824
(347)
(28.5)
392
47.6
General and administrative and
                  commission
389
386
343
3
0.8
43
12.5
Total
                  benefits and other expenses
1,490
1,796
1,340
(306)
(17.0)
456
34.0
Pretax income (loss)
263
(194)
(10)
457
235.6
(184)
(1,840.0)
Income tax
                  (benefit) expense
—
(401)
—
401
100.0
(401)
NM*
Net realized capital (loss) gain
(297)
337
77
(634)
(188.1)
260
337.7
Net (loss)
                  income
$
(34)
544
67
$
(578)
(106.3)
%
$
477
711.9
%
Capital and Surplus:
Change in
                  unrealized capital (loss) gain
$
(95)
(9)
23
$
(86)
(955.6)
%
$
(32)
(139.1)
%
Other change in capital & surplus
(14)
1
(4)
(15)
(1,500.0)
5
125.0
Net change in
                  capital & surplus
$
(143)
536
86
$
(679)
(126.7)
%
$
450
523.3
%
*Not meaningful
Selected Operating Performance Measures
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Life
First year
                  and renewal premiums
$
1,510
1,426
1,170
$
84
5.9
%
$
256
21.9
%
In-force
78,274
62,372
50,485
15,902
25.5
11,887
23.5
First year and renewal premiums and in-force amounts in the table above are
          for direct and assumed business. In-force amounts represent life insurance in-force on our FIUL business and certain universal life, and term life business. The continued increase in first year and renewal premiums in 2022, 2021 and 2020 is a
          result of continued product enhancements and overall strong product proposition. The movement of in-force, year over year, is primarily driven by policyholder activity. Increases are driven by new business, and decreases are driven by
          policyholder charges, surrenders, and claims.
Year Ended December 31, 2022
Compared to
Year Ended December 31, 2021
The Life segment net change in capital and surplus decreased primarily due
          to tax impacts and capital losses on derivatives driven by negative equity markets, partially offset by lower aggregate reserve impacts driven by lower index credits.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 11 of 22
Income
•
Premium and annuity considerations
:
Premiums and annuity considerations
          increased as a result of an increase in first year and renewal premiums
on Life Pro Plus Advantage
®
due to a growing
          block of business.
•
Net investment income:
Net investment income increased primarily due to an increase in Life average invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments increased slightly as a result of ceded modified coinsurance reserves on certain Life products.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in surrender and death claim activity on a growing block of business.
•
Change in aggregate reserves:
Change in aggregate reserves decreased due to lower index credits as a result of the negative equity market performance in 2022, partially offset by an increase in premiums.
•
General and administrative and commission:
General and administrative and commission expense increased primarily due to an increase in allocated expenses.
•
Income tax expense (benefit)
: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
•
Net realized capital (loss) gain:
Net realized capital loss increased due to losses on derivatives used to hedge Life product liabilities as a result of negative equity markets in 2022.
Capital and Surplus
•
Change in unrealized capital gain (loss):
Change in unrealized capital losses increased due to an increase in losses on derivatives hedging the Life product liabilities as a result of negative equity markets in 2022.
•
Other change in capital and surplus:
Other change in capital and surplus has a limited impact on the Life Segment.
Year Ended December 31, 2021 Compared to Year Ended December 31, 2020
Overview
The Life segment net change in capital and surplus increased primarily due
          to impacts from positive equity markets, and an increase in policy charges and net investment income as a result of a growing and maturing block of business. This was partially offset by an increase in change in aggregate reserves and commissions
          expense which trends in line with the growing block of business.
Income
•
Premium and annuity considerations
:
Premiums and annuity considerations
          increased as a result of an increase in first year and renewal premiums
on Life Pro Plus Advantage
®
due to a growing
          block of business.
•
Net investment income:
Net investment income increased primarily due to an increase in Life average invested assets.
•
Ceded reinsurance reserve and expense adjustments:
Ceded reinsurance reserve and expense adjustments decreased as a result of ceded modified coinsurance reserves on certain Life products.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased primarily due to an increase in death claims and surrender activity.
•
Change in aggregate reserves:
Change in aggregate reserves increased due to higher premiums and higher index credits as a result of the positive equity market performance in 2021
.
•
General and administrative and commission:
General and administrative and commission expense increased primarily due to an increase in first year and renewal commissions which is consistent with premium production.
•
Income tax expense (benefit)
:
Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
•
Net realized capital (loss) gain:
Net realized capital gain increased due to the higher gains on derivatives used to hedge Life product liabilities as a result of positive equity markets in 2021.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 12 of 22
Capital and Surplus
•
Change in unrealized capital gain (loss):
Change in unrealized capital losses increased due to an increase in losses on derivatives hedging the Life product liabilities.
•
Other change in capital and surplus:
Other change in capital and surplus decreased as a result of change in net deferred income taxes as result of hedging impacts.
Legacy
Segment Results of Operations
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Income:
Premium and annuity considerations
$
169
162
158
$
7
4.3
%
$
4
2.5
%
Net investment
                  income
160
140
123
20
14.3
17
13.8
Ceded reinsurance reserve and expense
                  adjustments
7
6
6
1
16.7
—
—
Other income
(1)
2
2
(3)
(150.0)
—
—
Total income
335
310
289
25
8.1
21
7.3
Benefits and
                  other expenses:
Policyholder benefits and surrenders
117
98
97
19
19.4
1
1.0
Change in
                  aggregate reserves
220
311
167
(91)
(29.3)
144
86.2
General and administrative and
                  commission
20
52
27
(32)
(61.5)
25
92.6
Net transfers
                  to separate accounts
(2)
(2)
(2)
—
—
—
—
Total benefits and other expenses
355
459
289
(104)
(22.7)
170
58.8
Pretax
                  (loss) income
(20)
(149)
—
129
86.6
(149)
NM*
Income tax (benefit) expense
—
(310)
—
310
100.0
(310)
NM*
Net realized
                  capital gain (loss)
12
—
(2)
12
NM*
2
100.0
Net (loss) income
$
(8)
161
(2)
$
(169)
(105.0)
%
$
163
8,150.0
%
Capital and Surplus:
Change in unrealized capital gain (loss)
$
3
(8)
(5)
$
11
137.5
%
$
(3)
(60.0)
%
Other change in
                  capital & surplus
(7)
1
2
(8)
(800.0)
(1)
(50.0)
Net change in capital & surplus
$
(12)
154
(5)
$
(166)
(107.8)
%
$
159
3,180.0
%
*Not meaningful
Selected Operating Performance Measures
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Legacy
Gross premiums written
$
266
258
257
$
8
3.1
%
$
1
0.4
%
In-force
2,421
2,611
2,796
(190)
(7.3)
(185)
(6.6)
Gross premium written in the table above are for direct and assumed
          business. Gross premiums written reflect premiums collected on renewal business. There are no new premiums as these are closed blocks of business. Gross premiums written remained relatively consistent in 2022 and 2021 with small movements due to
          assumed premium and rate increases outpacing decrements within LTC products. In-force amounts represent gross life insurance within our Special Markets products. The continued decline in in-force volume is attributable to the Legacy segment being
          a closed block of business.
Year Ended December 31, 2022
Compared to
Year Ended December 31, 2021
Overview
The Legacy segment unfavorable change in capital and surplus was driven by
          decrease in tax benefit as compared to the prior year, partially offset by lower deficiency reserves.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 13 of 22
Income
•
Net investment income:
Net investment income increased driven by growth in LTC reserves and higher allocated yields.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.
•
Change in aggregate reserves:
Change in aggregate reserves decreased driven by lower increase in LTC premium deficiency reserves in 2022.
•
Income tax expense (benefit)
: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
Capital and Surplus
•
Change in unrealized capital gain (losses):
Change in unrealized capital gains increased driven
by unrealized gains on credit default swaps.
Year Ended December 31, 2021 Compared to Year Ended December 31, 2020
Overview
The Legacy segment favorable change in capital and surplus was driven a tax
          benefit, partially offset by increases in deficiency reserves.
Income
•
Net investment income:
Net investment income increased driven by growth in LTC reserves on the aging block of business.
Benefits and Other Expenses
•
Policyholder benefits and surrenders
: Policyholder benefits and surrenders increased driven by higher paid claims on the LTC block business.
•
Change in aggregate reserves:
Change in aggregate reserves increased driven by additional LTC premium deficiency reserves in 2021 and unfavorable impacts of higher claim reserve and active life reserves.
•
Income tax expense (benefit)
: Income tax expense (benefit) is driven by the pre-tax items discussed above, and is allocated to operating segments based on the Company's effective rate.
Capital and Surplus
•
Change in unrealized capital gain (losses):
Change in unrealized capital losses increased driven
by unrealized losses on credit default swaps.
Dividends
Year ended December 31,
Increase
                  (decrease) and % change
Increase
                  (decrease) and % change
2022
2021
2020
2022 - 2021
2021 - 2020
Capital and Surplus:
Dividends to parent
$
(4,100)
(900)
(750)
$
(3,200)
455.6
%
$
(150)
(120.0)
%
We are required to meet minimum statutory capital and surplus requirements.
          Our statutory capital and surplus as of December 31, 2022 and 2021, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval
          of the Department is subject to restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory
          annual statement. In
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 14 of 22
accordance with Minnesota Statutes, the Company may declare and pay from
          its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations before net realized capital gain of the insurer for the 12-month period ending the 31st day of the
          next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Commissioner of Commerce.
Financial Condition
Investment Strategy
Our investment strategy focuses on
          diversification by asset class. We seek to achieve economic diversification, while limiting overall credit and liquidity risks. We attempt to mitigate these credit and liquidity risks by adhering to investment policies that provide portfolio
          diversification on an asset class, creditor, and industry basis, and by complying with investment limitations governed by state insurance laws and regulations, as applicable. We also consider all relevant objective information available in
          estimating the cash flows related to structured securities. We actively monitor and manage exposures, and determine whether any securities are impaired. The aggregate credit risk taken in the investment portfolio is influenced by our risk/return
          preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management. We also have an asset-liability management strategy to align cash flows and duration of the investment portfolio with
          contractholder liability cash flows and duration.
The following table presents the investment portfolio at December 31:
2022
2021
Carrying value
% of total
Carrying value
% of total
Bonds
$
89,143
77.2
%
$
93,817
76.4
%
Stocks
251
0.2
303
0.2
Investment in
                  subsidiaries
1,442
1.2
1,477
1.2
Mortgage loans on real
                  estate
17,728
15.3
17,154
14.0
Real estate
82
0.1
80
0.1
Cash and cash
                  equivalents
2,232
1.9
3,215
2.6
Policy loans
309
0.3
267
0.2
Derivative assets
973
0.8
2,682
2.2
Other invested assets
3,504
3.0
3,834
3.1
Total cash
                  and invested assets
$
115,664
100.0
%
$
122,829
100.0
%
Bonds
Refer to Note 5 of the audited Statutory Financial Statements for
          information regarding the nature of our portfolio of bonds. The tables below presents the NAIC rating for the Company's bond portfolio at December 31, 2022 and 2021.
2022
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
43,251
55.3
%
$
48,893
54.8
%
2
33,223
42.4
38,251
43.0
Investment
                  grade
76,474
97.7
87,144
97.8
3
1,484
1.9
1,648
1.8
4
234
0.3
264
0.3
5
75
0.1
84
0.1
6
2
—
3
—
Below
                  investment grade
1,795
2.3
1,999
2.2
Total
$
78,269
100.0
%
$
89,143
100.0
%
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 15 of 22
2021
NAIC Classes
Fair Value
% of Total
Amortized Cost
% of Total
1
$
57,937
55.5
%
$
52,287
55.7
%
2
43,792
41.9
39,053
41.7
Investment
                  grade
101,729
97.4
91,340
97.4
3
2,470
2.4
2,242
2.4
4
187
0.2
208
0.2
5
1
—
1
—
6
26
—
26
—
Below
                  investment grade
2,684
2.6
2,477
2.6
Total
$
104,413
100.0
%
$
93,817
100.0
%
Sub-prime and Alt-A Mortgage Exposure
Sub-prime lending is the origination of loans to customers with weaker credit profiles. Due to the high
          quality of our mortgage-backed securities, and the lack of sub-prime loans in the securities, we do not have a material exposure to sub-prime or Alt-A mortgages in those holdings. Alt-A loans are defined as any security backed by residential
          mortgage collateral which is not clearly identifiable as prime or sub-prime.
Commercial Mortgage-backed, Asset-backed, and
          Residential Mortgage-backed Securities
Commercial mortgage-backed securities (CMBS) represent pools of commercial
          mortgages that are broadly diversified across property types and geographical areas. The following table summarizes our exposure to CMBS holdings by NAIC class and vintage year as of December 31:
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
5,093
100.0
%
2022
$
11
0.2
%
2
1
—
2021
557
10.9
3
2
—
2020
208
4.1
4
—
—
2019
955
18.7
5
—
—
2018 and prior
3,365
66.1
6
—
—
$
5,096
100.0
%
$
5,096
100.0
%
2021
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
9,725
100.0
%
2021
$
597
6.1
%
2
1
—
2020
365
3.8
3
3
—
2019
1,426
14.7
4
—
—
2018
1,405
14.4
5
—
—
2017 and prior
5,936
61.0
6
—
—
$
9,729
100.0
%
$
9,729
100.0
%
Asset backed security (ABS) holdings consist primarily of aircraft leases,
          credit card receivables and other asset-backed securities that meet specific criteria, such as credit quality, insurance requirements, or other limits.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 16 of 22
The following table summarizes our exposure to other ABS holdings by NAIC
          class and vintage year as of December 31:
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
6,556
74.0
%
2022
$
2,782
31.4
%
2
2,028
22.9
2021
3,476
39.2
3
146
1.6
2020
593
6.7
4
50
0.6
2019
519
5.9
5
79
0.9
2018 and prior
1,489
16.8
6
—
—
$
8,859
100.0
%
$
8,859
100.0
%
2021
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
4,823
74.0
%
2021
$
3,600
55.3
%
2
1,470
22.6
2020
610
9.4
3
74
1.1
2019
583
8.8
4
147
2.3
2018
903
13.9
5
—
—
2017 and prior
818
12.6
6
—
—
$
6,514
100.0
%
$
6,514
100.0
%
Non-agency residential mortgage-backed securities (NA RMBS) are backed by pools of residential
          mortgage loans made to non-prime borrowers, diversified across geographies.
The following table summarizes our exposure to NA RMBS holdings by NAIC
          class and vintage year as of December 31:
2022
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
170
87.6
%
2022
$
—
—
%
2
5
2.6
2021
—
—
3
4
2.1
2020
—
—
4
9
4.6
2019
—
—
5
4
2.1
2018 and prior
194
100.0
6
2
1.0
$
194
100.0
%
$
194
100.0
%
2021
NAIC Classes
Amortized Cost
% of Total
Vintage
Amortized Cost
% of Total
1
$
206
96.3
%
2021
$
—
—
%
2
—
—
2020
—
—
3
2
0.9
2019
—
—
4
3
1.4
2018
—
—
5
—
—
2017 and prior
214
100.0
6
3
1.4
$
214
100.0
%
$
214
100.0
%
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 17 of 22
Unrealized investment losses on bonds, for investment grade (NAIC classes
          1-2) and below investment grade (NAIC classes 3-6) securities by duration are as follows at December 31:
2022
Investment Grade
% of Total
Below Investment
                  Grade
% of Total
Twelve months or less
                  below carrying value
$
8,543
75.6
%
$
102
0.9
%
More than twelve
                  months below carrying value
2,548
22.5
114
1.0
Total
$
11,091
98.1
%
$
216
1.9
%
2021
Investment Grade
% of Total
Below Investment
                  Grade
% of Total
Twelve months or less
                  below carrying value
$
239
66.1
%
$
21
5.9
%
More than twelve
                  months below carrying value
79
21.9
22
6.1
Total
$
318
88.0
%
$
43
12.0
%
See Note 5 of the audited Statutory Financial Statements for additional
          disclosures in regards to unrealized investment losses on bonds.
Other-than-temporary impairments, by market sector, for impairments
          included in the Statutory Statements of Operations, were as follows at December 31:
2022
2021
Impairment
No. of
                  Securities
Impairment
No. of
                  Securities
Partnerships
$
—
1
$
6
2
Commercial mortgage
                  loans
48
1
8
1
Corporate securities
84
58
13
8
Total
$
132
60
$
27
11
Refer to Note 6 of the audited Statutory Financial Statements for
          information regarding the fair value and fair value hierarchy level of our financial instruments.
Mortgage Loans on Real Estate
See Note 5 of the audited Statutory Financial Statements and Schedules for
          information regarding Mortgage Loans on Real Estate.
Loan-to-value (LTV) and debt service coverage (DSC) ratios are common
          measurements used to assess the risk and quality of mortgage loans. The LTV ratio, calculated at the time of origination, is the percentage of the loan amount relative to the value of the underlying property. The DSC ratio, based upon the most
          recently received financial statements from the debtor, is calculated as the amount of the property's net income divided by the debt service payments.
See Note 5 of the audited Statutory Financial Statements for additional
          information relating to LTV and DSC ratios.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 18 of 22
Properties collateralizing mortgage loans are geographically dispersed
          throughout the United States as follows at December 31:
2022
2021
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Commercial mortgage
                  loans by region
East North
                  Central
$
448
2.8
%
$
1,442
9.2
%
East South
                  Central
1,429
9.0
399
2.5
Middle
                  Atlantic
1,303
8.2
1,352
8.6
Mountain
1,645
10.4
1,539
9.8
New England
576
3.6
678
4.3
Pacific
4,439
28.0
4,493
28.5
South
                  Atlantic
3,574
22.5
3,520
22.4
West North
                  Central
984
6.2
887
5.6
West South
                  Central
1,457
9.2
1,438
9.1
Total
                  commercial mortgage loans
$
15,855
100.0
%
$
15,748
100.0
%
2022
2021
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Residential mortgage
                  loans by region
East North
                  Central
$
139
7.4
%
$
80
5.7
%
East South
                  Central
30
1.6
27
1.9
Middle
                  Atlantic
441
23.5
233
16.6
Mountain
181
9.7
176
12.5
New England
115
6.1
68
4.8
Pacific
587
31.3
543
38.6
South
                  Atlantic
269
14.4
211
15.0
West North
                  Central
12
0.6
12
0.9
West South
                  Central
100
5.3
55
3.9
Total
                  residential mortgage loans
$
1,873
100.0
%
$
1,406
100.0
%
Properties collateralizing commercial mortgage loans are diversified by
          property type as follows at December 31:
2022
2021
Gross Carry
                  Value
% of Total
Gross Carry
                  Value
% of Total
Mortgage loans by
                  property type
Industrial
$
3,018
19.0
%
$
2,985
19.0
%
Retail
2,480
15.6
2,549
16.2
Office
4,748
30.1
4,927
31.3
Apartments
5,609
35.3
5,287
33.5
Total
$
15,855
100.0
%
$
15,748
100.0
%
Liquidity and Capital Resources
Overview
The Company's liquidity requirements are generally met through funds
          provided by investment income, receipt of insurance premiums, M&E fees and benefit rider income, maturities and sales of investments, reinsurance recoveries, and capital contributions from Allianz SE, as needed.
The Company has access to funding through securities lending under which
          the Company lends bonds and receives cash collateral and short term securities in an amount in excess of the fair value of the securities loaned.
The Company is a member of the Federal Home Loan Bank (FHLB) of Des Moines,
          which provides access to collateralized borrowings.  Funding from the FHLB is collateralized with bonds from the Company's general account investment portfolio.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 19 of 22
Reinsurance may play a key role in funding the Company's continued growth,
          and may be utilized for any product for which there is significant uncertainty related to future claims experience. Moreover, the Company is generally risk adverse for its smaller lines of business, and predictability of future profitability
          takes precedence over retaining a large percentage of risk.
The Company does not utilize the capital markets as a source of capital.
          Should the need for capital arise, the Company may obtain capital contributions from Allianz SE as an alternative source of funding. If capital infusions are deemed necessary, the Company obtains prior approval by the Department, as appropriate.
The primary uses of funds are policy benefits, commissions, other
          product-related acquisition costs, investment purchases, operating expenses, and dividends to AZOA. The Company routinely reviews its sources and uses of funds in order to meet its ongoing obligations.
Financial Ratings and Strength
•
Standard & Poor's    AA (Very Strong)
•
Moody's        A1 (Good)
•
AM Best        A+ (Superior)
Financial strength ratings are based upon an independent review of the
          Company, its ultimate parent (Allianz SE), subsidiaries, and the industry in which the Company operates. Each rating agency assigns ratings based on an independent review and takes into account a variety of factors to arrive at its final rating.
          Ratings are subject to change and there can be no assurance that the ratings afforded to the Company in the future will be consistent with historical ratings.
Cash Flows
The following table sets forth information from our Statutory Statements of
          Cash Flows for the years ended December 31:
2022
2021
2020
Net cash provided by
                  (used in) operating activities
$
5,205
(4,241)
3,701
Net cash provided by (used in) investing
                  activities
24
5,538
(3,240)
Net cash (used in)
                  provided by financing and miscellaneous activities
(6,212)
1,008
(1,419)
Net change in cash, cash
                  equivalents, and short-term investments
$
(983)
2,305
(958)
We have the funds necessary to meet the capital requirements of all states
          in which we do business, and to support our operations.
The increase in net cash provided by operating activities in 2022 as compared to 2021 is
          primarily due to a decrease in benefits and loss-related payments as a result of ceded coinsurance reserves in 2021. The increase in net cash used in operating activities in 2021 as compared to 2020 is primarily due to an increase in benefits and
          loss-related payments as a result of ceded coinsurance reserves, and higher transfers to separate accounts due to higher variable-indexed premium
.
These impacts were partially offset by an increase in premiums,
          higher commission and expense allowances on reinsurance ceded, and continued growth in investment income due to higher invested assets driven by positive cash flows.
The decrease in net cash provided by investing activities in 2022 as
          compared to 2021 is driven by lower net bond sales, and a decrease in proceeds from hedging results driven by market impacts. The increase in net cash provided by investing activities in 2021 as compared to 2020 is driven by higher net bond sales
          as a result of ceded coinsurance assets, and an increase in proceeds from hedging results driven by market impacts, partially offset by net mortgage loans and other investment assets purchased.
The increase in net cash used in financing and miscellaneous activities in
          2022 compared to 2021 is primarily driven by an increase in dividends paid to AZOA. The increase in net cash provided by financing and miscellaneous activities in 2021 compared to 2020 is primarily driven by ceding commission on new reinsurance
          agreements, partially offset by an increase in dividends paid to AZOA in 2021.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 20 of 22
Risk-Based Capital
See Note 17 of the audited Statutory Financial Statements for information
          regarding the Risk-Based Capital (RBC). The Company's RBC ratio significantly exceeds required minimum thresholds as of December 31, 2022 and 2021.
Commitments & Contingencies
The Company has guarantees to provide for the maintenance of certain
          subsidiary's regulatory capital and surplus levels and has limited partnerships and private placement investments that require a commitment of capital. See Note 21 of the audited Statutory Financial Statements for information regarding
          commitments and contingencies.
The Company has mortgage notes payable; see Note 7 of the audited Statutory
          Financial Statements for additional information.
The Company has contractual obligations in the form of Policyholder
          liabilities; see Notes 12 through 14 of the audited Statutory Financial Statements for additional information regarding our annuity and life actuarial reserves, deposit liabilities, and separate accounts.
Off-Balance Sheet Arrangements
The Company does not have any off-balance sheet transactions, arrangements
          or other relationships that management believes would be reasonably likely to have a material effect on the Company's liquidity or capital position.
The Company utilizes derivatives for which the company is either required
          to settle variation margin or post collateral; see Note 5 of the audited Statutory Financial Statements for additional information regarding derivative collateral management.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 21 of 22
Item 11(j).
Quantitative and Qualitative Disclosures about Market Risk
Market risk is the risk of the loss of fair value resulting from adverse
          changes in market rates and prices, such as interest rates and equity prices. Market risk is directly influenced by the volatility and liquidity in the markets in which the related underlying financial instruments are traded. Refer to Note 4 of
          the audited Statutory Financial Statements for additional details on how we mitigate our market exposure risk and our overall risk management practices.
Sensitivity Analysis
To assess the impact of changes in interest rate and equity markets, we
          perform sensitivity tests. Sensitivity tests measure the instantaneous impact of a single hypothetical interest rate or equity price change on our income, or fair value of an asset or liability, while holding all other rates or prices constant.
          To assess interest rate risk, we perform a sensitivity test which instantaneously shocks interest rates across all maturities by a hypothetical 50 bps. To assess equity risk, we perform a sensitivity test which instantaneously shocks all equity
          prices by a hypothetical 15%.
Interest Rate Risk
One means of assessing exposure to interest rate changes is to measure the
          potential change in the statutory value of an asset due to a hypothetical change in interest rates of 50 bps across all maturities. We noted that under this model, with all other factors remaining constant, a 50 bps increase in interest rates
          would cause our post-tax income to decrease by $63 as of December 31, 2022.
We also examined the impact on post-tax income due to a hypothetical
          decrease in interest rates of 50 bps across all maturities. Under this model, with all other factors being constant, we estimated that such a decline would cause our post-tax income to increase by $58 as of December 31, 2022. Note that the
          impacts referenced reflect the net hedge impact and do not include any economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Equity Market Risk
One means of assessing exposure to changes in equity market prices is to
          estimate the potential changes in post-tax income from a hypothetical change in equity market prices of 15%. Under this model, with all other factors constant, we estimated that a decrease in equity market prices would cause our post-tax income
          to decrease by $245, while an increase in equity market prices would cause our post-tax income to increase by $251 based on our equity exposure as of December 31, 2022. Note that the impacts referenced reflect the net hedge impact and do not
          include any economic impact related to our fixed-income investment portfolio or economic changes in reserve calculations.
Management's Discussion and Analysis of Financial Condition and Results of Operations (for the 12
              month period ended December 31, 2022)
Page 22 of 22
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Financial Statements
December 31, 2022 and 2021
(With Report of Independent Auditors Thereon)
Statutory Financial Statements as of December 31, 2022
Report of Independent Auditors
To the Board of Directors of Allianz Life Insurance Company of North America
Opinions
We have audited the accompanying statutory financial statements of Allianz Life Insurance Company of North America (the "Company"),
          which comprise the statutory statements of admitted assets, liabilities, and capital and surplus as of December 31, 2022 and 2021, and the related statutory statements of operations, of capital and surplus, and of cash flow for each of the three
          years in the period ended December 31, 2022, including the related notes (collectively referred to as the "financial statements").
Unmodified Opinion on Statutory Basis of Accounting
In our opinion, the accompanying financial statements present fairly, in all material respects, the admitted assets, liabilities and
          capital and surplus of the Company as of December 31, 2022 and 2021, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2022, in accordance with the accounting practices prescribed or
          permitted by the Minnesota Department of Commerce Insurance Division described in Note 2.
Adverse Opinion on U.S. Generally Accepted Accounting Principles
In our opinion, because of the significance of the matter discussed in the Basis for Adverse Opinion on U.S. Generally Accepted
          Accounting Principles section of our report, the accompanying financial statements do not present fairly, in accordance with accounting principles generally accepted in the United States of America, the financial position of the Company as of
          December 31, 2022 and 2021, or the results of its operations or its cash flows for each of the three years in the period ended December 31, 2022.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (US GAAS). Our
          responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the Company and to meet our other ethical
          responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Basis for Adverse Opinion on U.S. Generally Accepted Accounting Principles
As described in Note 2 to the financial statements, the financial statements are prepared by the Company on the basis of the accounting
          practices prescribed or permitted by the Minnesota Department of Commerce Insurance Division, which is a basis of accounting other than accounting principles generally accepted in the United States of America.
The effects on the financial statements of the variances between the statutory basis of accounting described in Note 2 and accounting
          principles generally accepted in the United States of America, although not reasonably determinable, are presumed to be material.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with the accounting
          practices prescribed or permitted by the Minnesota Department of Commerce Insurance Division. Management is also responsible for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of
          financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the
          aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for one year after the date the financial statements are available to be issued.
Statutory Financial Statements as of December 31, 2022
Page 1 of 67
Auditors' Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
          misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in
          accordance with US GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
          intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a
          reasonable user based on the financial statements.
In performing an audit in accordance with US GAAS, we:
a.
Exercise professional judgment and maintain professional skepticism throughout the audit.
b.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such
          procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
c.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an
          opinion on the effectiveness of the Company's internal control. Accordingly, no such opinion is expressed.
d.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of
          the financial statements.
e.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern
          for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the
          audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
/s/PricewaterhouseCoopers LLP
Minneapolis, Minnesota
April 7, 2023
Statutory Financial Statements as of December 31, 2022
Page 2 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2022 and 2021
(Dollars in millions, except share data)
Admitted Assets
2022
2021
Cash and invested
                  assets:
Bonds
$
89,143
93,817
Stocks
251
303
Investment
                  in subsidiaries
1,442
1,477
Mortgage
                  loans on real estate
17,728
17,154
Real
                  estate
82
80
Cash, cash
                  equivalents and short-term investments
2,232
3,215
Policy
                  loans
309
267
Derivative
                  assets
973
2,682
Other
                  invested assets
3,504
3,834
Total cash
                  and invested assets
115,664
122,829
Investment income due
                  and accrued
1,273
947
Current federal and
                  foreign income tax recoverable
270
—
Deferred tax asset,
                  net
379
487
Other assets
1,035
993
Admitted
                  assets, exclusive of separate account assets
118,621
125,256
Separate account
                  assets
43,502
48,279
Total
                  admitted assets
$
162,123
173,535
Statutory Financial Statements as of December 31, 2022
Page 3 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
December 31, 2022 and 2021
(Dollars in millions, except share data)
Liabilities and Capital and Surplus
2022
2021
Policyholder
                  liabilities:
Life
                  policies and annuity contracts
$
98,386
96,980
Accident
                  and health policies
2,440
2,227
Deposit-type

                  contracts
4,233
4,577
Life
                  policy and contract claims
10
8
Accident
                  and health policy and contract claims
22
19
Other
                  policyholder funds
138
122
Total
                  policyholder liabilities
105,229
103,933
Interest maintenance
                  reserve
172
267
General expenses due
                  and accrued
196
245
Due from separate
                  accounts
(751)
(635)
Current income taxes
                  payable
102
482
Borrowed money
2,010
2,001
Asset valuation
                  reserve
1,266
1,148
Derivative liabilities
747
2,023
Other liabilities
3,135
5,087
Liabilities,
                  exclusive of separate account liabilities
112,106
114,551
Separate account
                  liabilities
43,502
48,279
Total
                  liabilities
155,608
162,830
Capital and surplus:
Class A,
                  Series A preferred stock, $1 par value. Authorized, issued, and outstanding, 8,909,195 shares; liquidation preference of $10 and $4 at December 31, 2022 and 2021, respectively
9
9
Class A, Series B preferred stock,
                  $1 par value. Authorized, 10,000,000 shares; issued and outstanding, 9,994,289 shares; liquidation preference of $12 and $5 at December 31, 2022 and 2021, respectively
10
10
Common
                  stock, $1 par value. Authorized, 40,000,000 shares; issued and outstanding, 20,000,001 shares at December 31, 2022 and 2021, respectively
20
20
Additional paid-in capital
3,676
3,676
Special
                  surplus funds
(301)
(1,437)
Unassigned
                  surplus
3,101
8,427
Total capital
                  and surplus
6,515
10,705
Total
                  liabilities and capital and surplus
$
162,123
173,535
See accompanying notes
                  to statutory financial statements.
Statutory Financial Statements as of December 31, 2022
Page 4 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Operations
Years ended December 31, 2022, 2021, and 2020
(Dollars in millions)
2022
2021
2020
Income:
Premiums
                  and annuity considerations
$
14,288
14,125
10,346
Consideration

                  for supplementary contracts
139
166
196
Net
                  investment income
4,544
4,866
4,864
Commissions

                  and expense allowances on reinsurance ceded
649
1,093
(38)
Reserve
                  adjustments related to reinsurance ceded
(1,194)
(454)
(7)
Fees from
                  separate accounts
488
574
567
Other
(503)
(32)
694
Total income
18,411
20,338
16,622
Benefits and other
                  expenses:
Policyholder

                  benefits
1,846
2,076
1,926
Surrenders
6,653
8,800
8,417
Change in
                  aggregate reserves and deposit funds
3,113
4,316
2,465
Commissions

                  and other agent compensation
1,539
1,480
1,139
General
                  and administrative expenses
697
715
600
Net
                  transfers to separate accounts
1,732
2,424
1,460
Total
                  benefits and other expenses
15,580
19,811
16,007
Income from operations before federal income taxes and net realized capital gain
2,831
527
615
Income tax (benefit)
                  expense
(2)
1,091
18
Net income
                  (loss) from operations before net realized capital gain
2,833
(564)
597
Net realized
                  capital (loss) gain, net of taxes and interest maintenance reserve
(1,986)
1,856
142
Net income
$
847
1,292
739
See accompanying notes
                  to statutory financial statements.
Statutory Financial Statements as of December 31, 2022
Page 5 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Capital and Surplus
Years ended December 31, 2022, 2021, and 2020
(Dollars in millions)
2022
2021
2020
Capital and
                  surplus at beginning of year
$
10,705
7,661
7,954
Change due
                  to correction of accounting error (Note 3)
—
40
—
Change in
                  reserve on account of change in valuation basis (Note 3)
—
—
(1)
Adjusted
                  balance at beginning of year
10,705
7,701
7,953
Net income
847
1,292
739
Change in
                  unrealized capital (loss) gain
(516)
(142)
(61)
Change in
                  net deferred income tax
54
215
42
Change in
                  asset valuation reserve
(118)
(165)
(88)
Dividends
                  paid to parent
(4,100)
(900)
(750)
Change in
                  unamortized gain on reinsurance transactions
(254)
2,737
(162)
Other
                  changes in capital and surplus
(103)
(33)
(12)
Capital
                  and surplus at end of year
$
6,515
10,705
7,661
See accompanying notes
                  to statutory financial statements.
Statutory Financial Statements as of December 31, 2022
Page 6 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Statutory Statements of Cash Flow
Years ended December 31, 2022, 2021, and 2020
(Dollars in millions)
2022
2021
2020
Cash flow from
                  operating activities:
Revenues:
Premiums
                  and annuity considerations, net
$
14,427
14,291
10,543
Net
                  investment income
4,352
5,069
4,990
Commissions
                  and expense allowances on reinsurance ceded
333
385
36
Fees from
                  separate accounts
488
574
567
Other
148
256
217
Cash provided
                  by operating activities
19,748
20,575
16,353
Benefits
                  and expenses paid:
Benefit and
                  loss-related payments
9,619
19,238
9,513
Net
                  transfers to separate accounts
1,849
2,766
1,128
Commissions,

                  expenses paid, and aggregate write-ins for deductions
2,459
2,119
1,727
Income tax
                  paid, net
616
709
290
Other
—
(16)
(6)
Cash used in
                  operating activities
14,543
24,816
12,652
Net cash
                  provided by (used in) operating activities
5,205
(4,241)
3,701
Cash flow from
                  investing activities:
Proceeds
                  from investments sold, matured or repaid:
Bonds
19,619
30,622
8,935
Stocks
98
282
147
Mortgage
                  loans
1,403
1,806
1,024
Real estate
5
3
—
Other
                  invested assets
154
81
60
Derivatives
—
1,213
861
Miscellaneous

                  proceeds
893
35
2
Cash provided
                  by investing activities
22,172
34,042
11,029
Cost of
                  investments acquired:
Bonds
15,529
24,350
10,885
Stocks
107
292
230
Mortgage
                  loans
2,030
3,347
2,482
Real estate
11
17
10
Other
                  invested assets
549
408
156
Derivatives
3,881
—
—
Miscellaneous

                  applications
—
78
485
Cash used in
                  investing activities
22,107
28,492
14,248
Net
                  increase in policy loans and premium notes
41
12
21
Net cash
                  provided by (used in) investing activities
24
5,538
(3,240)
Cash flow from
                  financing and miscellaneous activities:
Change in
                  borrowed money
—
500
500
Payments on
                  deposit-type contracts and other insurance liabilities, net of deposits
(1,203)
(1,264)
(1,290)
Dividends
                  paid to parent
(4,100)
(900)
(750)
Other cash
                  (used) provided
(909)
2,672
121
Net cash (used
                  in) provided by financing and miscellaneous activities
(6,212)
1,008
(1,419)
Net change in
                  cash, cash equivalents, and short-term investments
(983)
2,305
(958)
Cash, cash equivalents,
                  and short-term investments:
Beginning
                  of year
3,215
910
1,868
End of year
$
2,232
3,215
910
See accompanying notes
                  to statutory financial statements.
Statutory Financial Statements as of December 31, 2022
Page 7 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(1)    Organization and Nature of Operations
Allianz Life Insurance Company of North America (the
          Company) is a wholly-owned subsidiary of Allianz of America, Inc. (AZOA or parent company), which is a wholly-owned subsidiary of Allianz Europe, B.V. Allianz Europe, B.V. is a wholly-owned subsidiary of Allianz SE. Allianz SE is a European
          company registered in Munich, Germany, and is the Company's ultimate parent. The Company has a wholly-owned life insurance company subsidiary, Allianz Life Insurance Company of New York (AZNY). The Company also wholly owns a captive reinsurer,
          Allianz Life Insurance Company of Missouri (AZMO).
The Company is a life insurance company licensed to sell
          annuity, group and individual life, and group and individual accident and health policies in the United States, Canada, and several U.S. territories. Based on statutory net premium written, the Company's business is predominately annuity. The
          annuity business consists of fixed-indexed, variable-indexed, variable, and fixed annuities. The life business consists of both individual and group life. Life business includes products with guaranteed premiums and benefits and consists
          principally of fixed-indexed universal life policies and closed blocks of universal life policies, term insurance policies, and limited payment contracts. Accident and health business is primarily comprised of closed blocks of long-term care
          (LTC) insurance. The Company's primary distribution channels are through independent agents, broker-dealers, banks, and third-party marketing organizations.
After evaluating the Company's ability to continue as a
          going concern, management is not aware of any conditions or events which raise substantial doubt concerning the Company's ability to continue as a going concern as of the date of filing these Statutory Financial Statements.
(2)    Summary of Significant Accounting Policies
(a)
Basis of Presentation
The Statutory Financial Statements have been prepared in
          accordance with accounting practices prescribed or permitted by the Minnesota Department of Commerce (the Department). The Department recognizes statutory accounting practices prescribed or permitted by the state of Minnesota for determining and
          reporting the financial condition and results of operations of an insurance company and its solvency under Minnesota insurance law. The state of Minnesota has adopted the National Association of Insurance Commissioners (NAIC)
Accounting Practices and Procedures Manual
as its prescribed basis of statutory accounting principles (SAP), without significant modification. The Company has no material statutory accounting practices that differ from those of the Department or NAIC
          SAP. These practices differ in some respects from accounting principles generally accepted in the United States of America (U.S. GAAP). The effects of these differences, while not quantified, are presumed to be material to the Statutory Financial
          Statements. The more significant of these differences are as follows:
(1)    Acquisition costs, such as
          commissions and other costs incurred in connection with acquiring new and renewal business, are charged to current operations as incurred. Under U.S. GAAP, acquisition costs that are directly related to the successful acquisition of insurance
          contracts are capitalized and charged to operations as the corresponding revenues or future profits are recognized.
(2)    Aggregate reserves for life
          policies and annuity contracts, excluding variable annuities, are based on statutory mortality and interest assumptions without consideration for lapses or withdrawals. Under U.S. GAAP, aggregate reserves consider lapses and withdrawals.
(3)    Certain reinsurance
          transactions, primarily used for annuity business, are recognized as reinsurance for statutory purposes only.
(4)    Ceded reinsurance recoverable
          are netted against their related reserves within Policyholder liabilities, Life policies and annuity contracts and Life policy and contract claims, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S.
          GAAP, these ceded reserves are presented on a gross basis as an asset.
Statutory Financial Statements as of December 31, 2022
Page 8 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(5)    The Company reinsures a portion
          of its in-force block of business through several reinsurance agreements. Under NAIC SAP, the after-tax gains associated with these indemnity reinsurance transactions are recorded in Unassigned surplus and recognized through income as future
          earnings of the books of business emerge. Under U.S. GAAP, the pretax gains associated with such transactions that qualify as reinsurance, are deferred as liabilities and are amortized into operations over the revenue-producing period of the
          policies.
(6)    Bonds are carried at values
          prescribed by the NAIC, generally amortized cost, except for those with an NAIC rating of 6, which are reported at the lower of amortized cost or fair value. Under U.S. GAAP, bonds classified as "available-for-sale" are carried at fair value,
          with unrealized gains and losses recorded in stockholder's equity.
(7)    Changes in deferred income
          taxes are recorded directly to Unassigned surplus. Under U.S. GAAP, these items are generally recorded as an item of income tax benefit or expense in operations. Moreover, under NAIC SAP, a valuation allowance may be recorded against the deferred
          tax asset (DTA) and admittance testing may result in an additional charge to capital and surplus for nonadmitted portions of DTAs. Under U.S. GAAP, a valuation allowance may be recorded against the DTA and reflected as an expense.
(8)    Investments in subsidiaries are
          carried at net equity values as prescribed by the NAIC. Changes in equity values are reflected in Unassigned surplus within the Statutory Statements of Capital and Surplus as credits or charges to Unassigned surplus. Under U.S. GAAP, wholly owned
          subsidiary results are consolidated.
(9)    The Company is required to
          establish an asset valuation reserve (AVR) liability and an interest maintenance reserve (IMR) liability. The AVR provides for a standardized statutory investment valuation reserve for certain invested assets. Changes in this reserve are recorded
          as direct charges or credits to Unassigned surplus. The IMR is designed to defer net realized capital gains and losses, net of tax, resulting from changes in the level of prevailing market interest rates and amortize them into income within the
          Statutory Statements of Operations over the remaining life of the investment sold. The IMR represents the unamortized portion of applicable investment gains and losses as of the balance sheet date. There is no such concept under U.S. GAAP.
(10)    Canadian asset and liability
          amounts are expressed in Canadian dollars without foreign exchange translation into U.S. dollars. A net foreign currency translation adjustment is recorded within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus
          with an offset to Other changes in capital and surplus within the Statutory Statements of Capital and Surplus. Under U.S. GAAP, Canadian assets and liabilities are converted to U.S. dollars, with any translation adjustment recorded to
          stockholder's equity.
(11)    Certain assets designated as
          "nonadmitted assets" are not recognized and are charged directly to Unassigned surplus within the Statutory Statements of Capital and Surplus. These include, but are not limited to, investments in unaudited subsidiary, controlled, and affiliated
          (SCA) entities, electronic data processing (EDP) software, portions of goodwill, furniture and fixtures, prepaid expenses, receivables outstanding greater than 90 days, and portions of DTAs. There is no such concept under U.S. GAAP.
(12)    A provision is made for amounts
          ceded to unauthorized reinsurers in excess of collateral in the form of a trust or letter of credit through a direct charge to Unassigned surplus within the Statutory Statements of Capital and Surplus. There is no such requirement under U.S.
          GAAP.
(13)    Revenues for universal life
          policies and annuity contracts, excluding deposit-type contracts, are recognized as revenue when received within the Statutory Statements of Operations. Under U.S. GAAP, policy and contract fees charged for the cost of insurance, policy
          administrative charges, amortization of policy initiation fees, and surrender contract charges are recorded as revenues when earned.
Statutory Financial Statements as of December 31, 2022
Page 9 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(14)    Benefits for universal life
          policies and annuity contracts within the Statutory Statements of Operations, excluding deposit-type contracts, consist of payments made to policyholders. Under U.S. GAAP, benefits represent interest credited, and claims and benefits incurred in
          excess of the policyholder's contract balance.
(15)    Derivatives are reported at
          fair value in accordance with SSAP No. 86, Derivatives (SSAP No. 86) and SSAP No. 108, Derivatives Hedging Variable Annuity Guarantees (SSAP No. 108). See additional information in section (k) of this note and note 5. Changes in the fair value of
          derivatives, except those reported under SSAP No. 108, are recorded as direct adjustments to Unassigned surplus as a component of Change in unrealized capital gains (losses) within the Statutory Statements of Capital and Surplus. For derivatives
          reported under SSAP No. 108, changes in fair value are recognized as net deferred assets or liabilities within Other assets or Other liabilities, respectively, in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus,
          for fluctuations in fair value that do not offset the changes in the hedged item. The deferred asset or liability is amortized over the timeframe required under SSAP No. 108. Under U.S. GAAP, changes in the fair value of derivatives are recorded
          in derivative income (loss) as part of operating income and the hedged derivatives are carried at fair value. In addition, the effective and ineffective portions of a hedge are accounted for separately.
(16)    Commissions allowed by
          reinsurers on business ceded are reported as income when received within the Statutory Statements of Operations. Under U.S. GAAP, such commissions are deferred and amortized as a component of deferred acquisition costs to the extent
          recoverable.
(17)    The Statutory Financial
          Statements do not include a statement of comprehensive income as required under U.S. GAAP.
(18)    The Statutory Statements of
          Cash Flow do not classify cash flows consistent with U.S. GAAP and a reconciliation of net income to net cash provided from operating activities is not provided.
(19)    The calculation of reserves and
          transfers in the separate account statement requires the use of a Commissioners Annuity Reserve Valuation Method (CARVM) allowance on annuities for NAIC SAP. There is no such requirement under U.S. GAAP.
(20)    Sales inducements and premium
          bonuses are included in Life policies and annuity contracts in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and are charged to current operations as incurred. Under U.S. GAAP, deferred sales inducements and
          premium bonuses are similarly reserved; however, the costs are capitalized as assets and charged to operations as future profits are recognized in a manner similar to acquisition costs.
(21)    Negative cash balances are
          presented as a negative asset within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. These balances are presented as a liability under U.S. GAAP.
(22)    Embedded derivatives are not
          separated from the host contract and accounted for separately as a derivative instrument. Under U.S. GAAP, entities must separate the embedded derivative from the host contracts and separately account for those embedded derivatives at fair value.
(23)    For certain annuity products
          with a market value adjustment feature sold to Minnesota residents (MN MVA) and variable-indexed annuities, the Department requires the Company to maintain a separate asset portfolio to back related reserves. These assets and liabilities are
          required to be included as part of the Separate account assets and Separate account liabilities presented on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Under U.S. GAAP, there is no such requirement.
Statutory Financial Statements as of December 31, 2022
Page 10 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(b)
Permitted and Prescribed Statutory
          Accounting Practices
The Company is required to file annual statements with
          insurance regulatory authorities, which are prepared on an accounting basis permitted or prescribed by such authorities. Prescribed statutory accounting practices include state laws, regulations, and general administrative rules, as well as a
          variety of publications of the NAIC. Permitted statutory accounting practices encompass all accounting practices that are not prescribed; such practices differ from state to state, may differ from company to company within a state, and may change
          in the future. The Company has no permitted or prescribed practices that differ from NAIC SAP that had an impact on net income or surplus as of December 31, 2022, 2021, and 2020.
The Company's subsidiary, AZMO, has adopted an accounting
          practice that is prescribed by the Department of Insurance, Financial Institutions, and Professional Registration of the State of Missouri (the Missouri Department). The effect of the accounting practice allows a letter of credit to be carried as
          an admitted asset. The balance of the letter of credit asset at December 31, 2022 and 2021 was $117 and $110, respectively. Under NAIC SAP, this letter of credit would not be allowed as an admitted asset.
This prescribed practice does not impact the net income
          of AZMO and results in increases to surplus of $117 and $110 as of December 31, 2022 and 2021, respectively. The Company's carrying value of its investment in AZMO per the audited statutory surplus was $395 and $371, and the carrying value of its
          investment in AZMO would have been $278 and $261 if AZMO had completed Statutory Financial Statements in accordance with the NAIC SAP as of December 31, 2022 and 2021, respectively. AZMO maintains an adequate amount of surplus such that if it had
          not adopted the prescribed practice, surplus would still exceed the risk-based capital requirements.
(c)
Use of Estimates
The preparation of Statutory Financial Statements in
          conformity with NAIC SAP requires management to make certain estimates and assumptions that affect reported amounts of admitted assets and liabilities, including reporting or disclosure of contingent assets and liabilities as of December 31, 2022
          and 2021, and the reported amounts of revenues and expenses during the reporting period. Future events, including changes in mortality, morbidity, interest rates, capital markets, and asset valuations could cause actual results to differ from the
          estimates used within the Statutory Financial Statements. Such changes in estimates are recorded in the period they are determined.
(d)
Premiums and Annuity Considerations
Life premiums are recognized as income over the premium
          paying period of the related policies. Nondeposit-type annuity considerations are recognized as revenue when received. Accident and health premiums are earned ratably over the terms of the related insurance and reinsurance contracts or policies.
(e)
Aggregate Reserves for Life Policies
          and Annuity Contracts
Reserves are principally calculated as the minimum
          reserves permitted by the state where the contract is issued for the year in which the contract is issued.
For the Company's fixed annuity product lines, reserves
          are calculated using CARVM. The Company uses both issue year and change in fund basis for the calculation method, on a curtate basis, using the maximum allowable interest rate. Deferred fixed-interest and fixed-indexed annuities typically have a
          two-tier structure to encourage annuitization, or a single-tier structure, which may include a market value adjustment. Either two-tier or single-tier annuities may include bonuses.
For the Company's variable and variable-indexed annuity
          product lines, reserves are calculated using VM-21,
Requirements for Principle-Based Reserves for Variable
          Annuities
(VM-21). Variable deferred annuities include a wide range of guaranteed minimum death benefits and living benefits
          (income, accumulation, and withdrawal).
Reserves for immediate annuities are calculated using
          current prescribed mortality tables.
Statutory Financial Statements as of December 31, 2022
Page 11 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Aggregate reserves for life insurance policies are
          principally calculated using the Commissioners Reserve Valuation Method (CRVM) or VM-20,
Requirements for
          Principle-Based Reserves for Life Products
, depending on the policy's issue date. Additional reserves are held for supplemental
          benefits and for contracts with secondary guarantees, consistent with prescribed regulations and actuarial guidelines.
The Company performs an annual asset adequacy analysis as
          required by regulation covering substantially all of its reserves. These tests are not only performed under the required interest rate scenarios, but also under additional stochastically generated interest and equity growth scenarios. Sensitivity
          tests, including policy lapse, annuitization, maintenance expenses, and investment return, are performed to evaluate potential insufficiencies in reserve adequacy. The results of these tests and analysis resulted in $0 of additional reserves at
          December 31, 2022 and 2021, respectively.
(f)
Aggregate Reserves for Accident and
          Health Policies
For accident and health business, reserves consist of
          active life reserves (mainly reserves for unearned premiums and reserves for contingent benefits on individual LTC business) and claim reserves (the present value of amounts not yet due). Claim reserves represent incurred but unpaid claims under
          group policies. For the LTC business, the asset adequacy analysis was performed through a gross premium valuation. At December 31, 2022 and 2021, the results of these tests and analysis supported the establishment of additional reserves of $412
          and $329, respectively.
(g)
Deposit-type Contracts
Deposit-type contracts represent liabilities to
          policyholders in a payout status, who have chosen a fixed payout option without life contingencies. The premiums and claims related to deposit-type contracts are not reflected in the Statutory Statements of Operations as they do not have
          insurance risk. The Company accounts for the contract as a deposit-type contract in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(h)
Policy and Contract Claims
Policy and contract claims include the liability for
          claims reported but not yet paid, claims incurred but not yet reported (IBNR), and claim settlement expenses on the Company's accident and health business. Actuarial reserve development methods are generally used in the determination of IBNR
          liabilities. In cases of limited experience or lack of credible claims data, loss ratios are used to determine an appropriate IBNR liability. Claim and IBNR liabilities of a short-term nature are not discounted, but those claim liabilities
          resulting from disability income or LTC benefits include interest and mortality discounting.
(i)
Reinsurance
The Company assumes and cedes business with other
          insurers. Reinsurance premium and benefits paid or provided are accounted for in a manner consistent with the basis used in accounting for original policies issued and the terms of the reinsurance contracts. Amounts recoverable from reinsurers
          represent account balances and unpaid claims covered under reinsurance contracts. Amounts paid or deemed to have been paid for claims covered by reinsurance contracts are recorded as a reinsurance recoverable and are included in Other assets on
          the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Included in Unassigned surplus is the gain recognized
          when the Company enters into a coinsurance, modified coinsurance (modco) or yearly renewable term (YRT) agreement on existing business. The gain is deferred and amortized into operations on a basis consistent with how the future earnings emerge
          on the underlying business.
Reserve adjustments related to reinsurance ceded in the
          Statutory Statements of Operations include reserve changes received from a reinsurer on modco ceded. Under a modco agreement, the ceded reserves, and a portfolio of assets, remain on the Company's Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. The modco assets are considered restricted as they are not under the full control of the Company.
Statutory Financial Statements as of December 31, 2022
Page 12 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(j)
Investments
Investment values are determined in accordance with
          methods prescribed by the NAIC.
Bonds and Stocks
The Securities Valuation Office (SVO) of the NAIC
          evaluates the credit quality of the Company's bond investments. Bonds rated at "1" (highest quality), "2" (high quality), "3" (medium quality), "4" (low quality), or "5" (lower quality) are reported at cost adjusted for the amortization of
          premiums, accretion of discounts, and any impairment. Bonds rated at "6" (lowest quality) are carried at the lower of amortized cost or fair value with any adjustments to fair value recorded to Unassigned surplus within the Statutory Statements
          of Capital and Surplus.
In accordance with its investment policy, the Company
          invests primarily in high-grade marketable securities. Dividends are accrued on the date declared and interest is accrued as earned. Premiums or discounts on bonds are amortized using the constant-yield method.
Loan-backed securities and structured securities are
          amortized using anticipated prepayments, in addition to other less significant factors. Prepayment assumptions for loan-backed and structured securities are obtained from various external sources or internal estimates. The Company believes these
          assumptions are consistent with those a market participant would use. The Company recognizes income using the modified scientific method based on prepayment assumptions and the estimated economic life of the securities. For structured securities,
          except for collateralized debt obligations (CDOs) and impaired bonds, when actual prepayments differ significantly from anticipated prepayments, the effective yield is recalculated to reflect actual payments to date and anticipated future
          payments retrospectively. Any resulting adjustment is included in Net investment income on the Statutory Statements of Operations. For CDOs and impaired bonds, when adjustments are made for anticipated prepayments and other expected changes in
          future cash flows, the effective yield is recalculated using the prospective method as required by Statement of Statutory Accounting Principles (SSAP) No. 43R –
Loan Backed and Structured Securities
(SSAP No. 43R).
Hybrid securities are investments structured to have
          characteristics of both stocks and bonds. The Company records these securities within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Common stocks, other than investments in subsidiaries and
          Federal Home Loan Bank (FHLB) stock, are carried at fair value. FHLB stock is carried at cost, which approximates fair value.
Gross realized gains and losses are computed based on the
          average amortized cost of all lots held for a particular CUSIP.
The fair value of bonds and common stocks is obtained
          from third-party pricing sources whenever possible. Management completes its own independent price verification (IPV) process, which ensures security pricing is obtained from a third-party source other than the sources used by the Company's
          internal and external investment managers. The IPV process supports the reasonableness of price overrides and challenges by the internal and external investment managers and reviews pricing for appropriateness. Results of the IPV process are
          reviewed by the Company's Pricing Committee.
The Company reviews its combined investment portfolio,
          including subsidiaries, in aggregate each quarter to determine if declines in fair value are other than temporary.
For bonds for which the fair value is less than amortized
          cost, the Company evaluates whether a credit loss exists by considering primarily the following factors: (a) the length of time and extent to which the fair value has been less than the amortized cost of the security; (b) changes in the financial
          condition, credit rating, and near-term prospects of the issuer; (c) whether the issuer is current on contractually obligated interest and principal payments; (d) changes in the financial condition of the security's underlying collateral, if any;
          and (e) the payment structure of the security. For loan-backed securities, the Company must allocate other-than-
Statutory Financial Statements as of December 31, 2022
Page 13 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
temporary impairments (OTTI) between interest and
          noninterest-related declines in fair value. Interest-related impairments are considered other than temporary when the Company has the intent to sell the investment prior to recovery of the cost of the investment. The Company maintains a
          prohibited disposal list that restricts the ability of the investment managers to sell securities in a significant unrealized loss position and requires formal attestations from investment managers regarding their lack of intent to sell certain
          securities.
The Company evaluates whether equity securities are
          other-than-temporarily impaired through a review process which includes, but is not limited to, market analysis, analyzing current events, assessing recent price declines, and management's judgment related to the likelihood of recovery within a
          reasonable period of time.
Impairments considered to be other-than-temporary are
          recorded as a reduction of the cost of the security, and a corresponding realized loss is recognized on the Statutory Statements of Operations in the period in which the impairment is determined. Recognition of the realized loss is subject to
          potential offset by AVR and IMR.
The Company holds certain cash equivalents which receive
          bond treatment based on their underlying securities. These are classified as Other assets receiving bond treatment in Note 5.
Investment in Subsidiaries
Common stock of the Company's insurance subsidiaries is
          carried at SAP capital and surplus, and investments in non-insurance subsidiaries are carried at U.S. GAAP equity value adjusted for certain items that are considered to be non-admitted. Unaudited subsidiaries are fully non-admitted.
Mortgage Loans on Real Estate
Mortgage loans on real estate, including commercial
          mortgage loans (CMLs) and residential mortgage loans (RMLs), are carried at the outstanding principal balance, adjusted for any impairment. The fair value of CMLs is calculated by analyzing individual loans and assigning ratings to each loan
          based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash flows of each loan and the current market interest rates for similar loans. The fair
          value of RMLs is calculated by discounting estimated cash flows, with discount rates based on current market conditions. The Company evaluates loans quarterly to assess whether there is an impairment based on the likelihood of receiving all
          contractual cash flows. The Company accounts for interest income on impaired loans on a cash basis. Interest accrual is discontinued for impaired loans and interest income is only recognized when received. Payments received on impaired loans are
          applied to accrued interest, and payments received in excess of accrued interest are applied to principal.
Real Estate
Real estate primarily represents the Company's home
          office property, and is carried at depreciated cost less encumbrances in accordance with SSAP No. 40 –
Real
          Estate Investments
. Real estate income, including income received from home office property, is included in Net investment income
          on the Statutory Statements of Operations. Real estate, exclusive of land, is depreciated on a straight-line basis over estimated useful lives ranging from 3 to 40 years. At December 31, 2022 and 2021, accumulated depreciation was $83 and $79,
          respectively. Furthermore, as of December 31, 2022 and 2021, real estate was presented net of encumbrances of $20 and $31, respectively, as discussed in Note 7.
The Company had real estate classified as held for sale
          that was transferred from RMLs in the amount of $4 as of December 31, 2021. Allianz Life sold these properties in 2022 and recognized a net gain of $1 at the time of sale.
Cash, Cash Equivalents and Short-term Investments
Cash and cash equivalents may include cash on hand,
          demand deposits, money market funds, reverse repurchase agreements (repo), and highly liquid debt instruments purchased with an original maturity of three months or less. Due to the short-term nature of these investments, the carrying value is
          deemed to approximate fair value.
Statutory Financial Statements as of December 31, 2022
Page 14 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
In the normal course of business, the Company enters into
          bilateral and tri-party repos, whereby the Company purchases securities and simultaneously agrees to resell the same securities at a stated price on a specified date in the future, for the purpose of earning a specified rate of return. An
          affiliate of the Company serves as the agent in the bilateral agreements and an unaffiliated bank serves as the custodian in the tri-party agreements. The bilateral agreements require purchases of specifically identified securities. If at any
          time the fair value of those purchased securities falls below the purchase price, additional collateral in the form of cash or additional securities is required to be transferred to ensure margin maintenance. The tri-party agreements allow for
          the purchase of certain bonds and structured securities, and require a minimum of 102% of fair value of the securities purchased to be maintained as collateral.
The Company's repos are accounted for as collateralized
          lending in accordance with SSAP No. 103R –
Transfers and Servicing of Financial Assets and Extinguishments
          of Liabilities
(SSAP No. 103R), whereby the amounts paid for the securities are reported as cash equivalents within Cash and cash
          equivalents on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The difference between the amount paid and the amount at which the securities will be resold is reported as interest income within Net investment
          income on the Statutory Statements of Operations.
Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value.
Policy Loans
Policy loans are supported by the underlying cash value
          of the policies. Policy loans are carried at unpaid principal balances plus accrued interest income on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unpaid principal balances are not in excess of the cash
          surrender values of the related policies.
Other Invested Assets
The Company participates in securities lending
          arrangements whereby specific securities are loaned to other institutions. The Company receives collateral from these arrangements including cash and cash equivalents, which can be reinvested based on the Company's discretion, and noncash
          collateral, which may not be sold or re-pledged unless the counterparty is in default. The Company accounts for its securities lending transactions as secured borrowings, in which the cash collateral received and the related obligation to return
          the cash collateral are recorded in Other invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Noncash collateral received is not reflected on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. Securities on loan remain on the Company's Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus, and interest and dividend income earned by the Company
          on loaned securities is recognized in Net investment income on the Statutory Statements of Operations.
Company policy requires a minimum of 102% of fair value
          of securities loaned under securities lending agreements to be maintained as collateral.
The Company's
          sources of cash used to return cash collateral is dependent upon the liquidity of current market conditions. The Company has policies in place to manage reinvested collateral at appropriate levels of liquidity.
The Company invests in low income housing tax credit
          (LIHTC) investments for tax benefits. In accordance with SSAP No. 93 –
Low Income Housing Tax Credit
          Property Investments
, the LIHTC investments are carried at cost and adjusted for amortization based on the proportion of total
          tax credits and other tax benefits expected to be received over the life of the investments. The Company records an asset for the full unfunded investment amount upon entering into a LIHTC agreement; amortization decreases the asset balance over
          time. A corresponding liability is recorded for the unfunded commitment balance beginning when the LIHTC investment is initially funded, which decreases as the Company provides capital to fund. The asset and liability are recorded in Other
          invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The tax benefit is recognized within Income tax expense within the Statutory Statements of Operations. The
          amortization of the investment is recorded as Net
Statutory Financial Statements as of December 31, 2022
Page 15 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
investment income and any impairments are included in Net
          realized capital gain (loss) within the Statutory Statements of Operations.
Receivables and payables for securities are carried at
          fair value on the trade date and represent a timing difference on securities that are traded at the balance sheet date but not settled until subsequent to the balance sheet date. Receivables and payables for securities are included in Other
          invested assets and Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(k)    Derivatives
The Company utilizes derivatives within certain actively
          managed investment portfolios for hedging purposes.
Hedge Accounting
The Company elects hedge accounting under SSAP No. 86 and
          SSAP No. 108 for certain qualifying derivative instruments. To qualify for hedge accounting, at inception, the Company formally documents the risk management objective and strategy for undertaking the hedging transaction. The documentation links
          a specific derivative to a specific asset or liability on the Statutory Statements of Assets, Liabilities, and Capital and Surplus, identifies how the derivative is expected to offset the exposure to changes in the hedged item's fair value or
          variability in cash flows attributable to the designated hedge risk, and the effectiveness testing methods to be used. Hedge effectiveness is formally assessed at inception and on a quarterly basis throughout the life of the designated hedging
          relationships.
Hedge effectiveness is assessed using qualitative and
          quantitative methods. Qualitative methods may include comparison of critical terms of the derivative to the hedged item. Quantitative methods include analysis of changes in fair value or cash flows associated with the hedge relationship. Hedge
          effectiveness may be measured using either the dollar offset method or regression analysis. The dollar offset method compares changes in fair value or cash flows of the hedging instrument with changes in the fair value or cash flows of the hedged
          item attributable to the hedged risk. Regression analysis is a statistical technique used to measure the relationships between the fair values or cash flows of a derivative and a hedged item and how each reacts to changes in the designated hedge
          risk (i.e., interest rates, foreign currency rates).
A derivative instrument is either classified as an
          effective hedge or an ineffective hedge. Entities must account for the derivative at fair value if deemed to be ineffective or becomes ineffective. For those derivatives qualifying as effective for hedge accounting under SSAP No. 86, the change
          in the carrying value or cash flow of the derivative shall be recorded consistently with the way that changes in the carrying value or cash flows of the hedged item are recorded. For those derivatives qualifying as effective for hedge accounting
          under SSAP No. 108, the derivative is carried at fair value.
Foreign Currency Swaps
The Company utilizes foreign currency swaps to hedge cash
          flows and applies hedge accounting. Specifically, the Company uses foreign currency swaps to hedge foreign currency and interest rate fluctuations on certain underlying foreign currency denominated fixed-maturity securities. The foreign currency
          swaps are reported at amortized cost from the date hedge accounting is designated and deemed to be effective, which is consistent with the accounting for the bonds that are the subject of the hedge accounting transactions.
Interest Rate Swaps on Variable
          Annuity Insurance Liabilities
The Company utilizes interest rate swaps (IRS) to hedge the interest rate risk on certain
          variable annuity
guarantee benefits. These are accounted for as a cash flow hedge under SSAP No. 86 and a
          fair value hedge under SSAP No. 108.
Prior to January 1, 2020, the Company had IRS that hedge the interest rate risk on certain
          variable annuity guarantee benefits held at amortized cost in accordance with SSAP No. 86. The initial book value of the IRS represented the book value created from inception until the designation of hedge accounting. These
Statutory Financial Statements as of December 31, 2022
Page 16 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
IRS were held at amortized cost and changes were recognized to the extent they offset
          changes in the AG43 reserve for the hedged item due to interest rate movement. The initial book value and subsequent changes due to the hedged item or realized gains or losses recorded under hedge accounting (hedge adjustment) are amortized over
          the duration of the hedge program, approximated by AG43 standard scenario revenues.
Effective January 1, 2020, the Company de-designated its previous hedging relationship
          under SSAP No. 86 and simultaneously designated the hedging relationship described above under SSAP No. 108. The remaining balance of the SSAP No. 86 hedge adjustment is recorded within Other liabilities on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus, and will be amortized over the life of the former hedge program.
The table below represents the hedge adjustment balance
          under SSAP No. 86:
2022
2021
Hedge adjustment
                  balance - beginning of year
$
455
513
Amount amortized into earnings during
                  the year
(54)
(58)
Hedge adjustment
                  balance - end of year
$
401
455
Effective January 1, 2020, the Company designated the
          hedging relationship described above under SSAP No. 108. The hedged item consists of a portion of the Company's variable annuity block of business minimum benefit guarantees that are sensitive to interest rate movement. The hedged portion of the
          block is determined on a monthly basis based on the percentage of the economic liability being hedged. The related hedging instrument is a portfolio of interest rate swap derivatives which follows a dynamic hedging strategy. Changes in interest
          rates impact the present value of the future product cash flows.
The Company recognizes a net deferred asset or liability
          within Other assets or Other liabilities, respectively, on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for fluctuations in fair value that do not offset the changes in the hedged liability. Beginning July 1,
          2021, the Company elected to amortize the deferred balance that existed as of June 30, 2021 over five years, in accordance with SSAP No. 108, paragraph 14.c. Changes in the deferred balance after July 1, 2021 will be amortized over the timeframe
          required under SSAP No. 108, paragraph 14, which is the Macaulay duration of guarantee benefit cash flows, capped at 10 years.
The hedge strategy is compliant with VM-21 Clearly Defined Hedge Strategy (CDHS)
          requirements and meets all the criteria to be defined as an effective hedge relationship as required by SSAP No. 108. The Company entered into this hedging relationship effective January 1, 2020 and no changes in hedging strategy have occurred
          since inception. Hedge effectiveness is measured in accordance with SSAP No. 108 on a quarterly basis, both prospectively and retrospectively, and remains highly effective as of December 31, 2022.
In accordance with SSAP No. 108, an amount equal to the net deferred asset and deferred
          liability is allocated from Unassigned funds to Special surplus funds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The following table shows the deferred activity for the years ended December 31, 2022 and
          2021.
2022
2021
Net deferred
                  liability - beginning of year
$
1,437
$
1,844
Amortization
(269)
(240)
Additional
                  amounts deferred
(868)
(167)
Net deferred liability - end of year
$
300
$
1,437
Statutory Financial Statements as of December 31, 2022
Page 17 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The net deferred balance will amortize over the next 10 years, as shown
          below:
Amortization year
Deferred assets
Deferred liabilities
2023
$
(276)
$
501
2024
(276)
501
2025
(276)
501
2026
(183)
255
2027
(90)
9
2028
(90)
9
2029
(90)
9
2030
(90)
9
2031
(89)
9
2032
(43)
$
—
Total
$
(1,503)
$
1,803
The company did not have other changes related to open derivatives
          removed from SSAP No. 86 and captured in scope of SSAP No. 108 for the years ended December 31, 2022 and 2021. During the years ended December 31, 2022 and 2021, the fair value changes available for application under SSAP No. 108 was $(1,712) and
          $(694), respectively.
The Company did not have any hedging strategies identified as no longer
          highly effective and did not terminate any hedging strategies during the years ended December 31, 2022 and 2021.
Nonqualifying hedging
Futures and Options Contracts
The Company provides benefits through certain life and
          annuity products which are linked to the fluctuation of various market indices, and certain variable annuity contracts that provide minimum guaranteed benefits. The Company has analyzed the characteristics of these benefits and has entered into
          over-the-counter (OTC) option contracts, exchange-traded option (ETO) contracts, and exchange-traded futures contracts tied to an underlying index with similar characteristics with the objective to economically hedge these benefits. Management
          monitors in-force amounts as well as option and futures contract values to ensure satisfactory matching and to identify unsatisfactory mismatches. If actual persistency deviated, management would purchase or sell option and futures contracts as
          deemed appropriate or take other actions.
The OTC option contracts and ETO contracts are reported
          at fair value in Derivative assets and Derivative liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the OTC options is derived internally and deemed by management to be reasonable
          via performing an IPV process. The process of deriving internal derivative prices requires the Company to calibrate Monte Carlo scenarios to actual market information. The calibrated scenarios are applied to derivative cash flow models to
          calculate fair value prices for the derivatives. The fair value of the ETO contacts is based on quoted market prices. Incremental gains and losses from expiring options are included in Net realized capital gain (loss) on the Statutory Statements
          of Operations. The liability for the related policyholder benefits is reported in Life policies and annuity contracts on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The unrealized gain or loss on open OTC
          option contracts is recognized as a direct adjustment to Unassigned surplus within the Statutory Statements of
Statutory Financial Statements as of December 31, 2022
Page 18 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Capital and Surplus. Any unrealized gains or losses on
          open OTC option contracts are recognized as realized when the contracts mature (see Note 5 for further discussion).
Futures contracts do not require an initial cash outlay,
          and the Company has agreed to daily net settlement based on movements of the representative index. Therefore, no asset or liability is recorded as of the end of the reporting period. A derivative asset or liability and an offsetting variation
          margin payable or receivable is recorded in Derivative assets or Derivative liabilities in the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus for the outstanding unpaid variation margin representing market movements
          on the last trading day of the year.
Gains and losses are not considered realized until the
          termination or expiration of the futures contract. Unrealized gains and losses on futures contracts are reflected in the Statutory Statements of Capital and Surplus in Unassigned surplus, within Change in unrealized capital gains (loss). Realized
          gains and losses on futures contracts are included in the Statutory Statements of Operations, Net realized capital gain (loss), net of taxes and interest maintenance reserve.
Interest Rate Swaps, Credit Default
          Swaps, Total Return Swaps, and To Be Announced Securities
The Company utilizes IRS, credit default swaps (CDS),
          total return swaps (TRS), and To Be Announced (TBA) securities to economically hedge market risks embedded in certain life and annuity products. The IRS, CDS, TRS and TBA securities are reported at fair value in Derivative assets or Derivative
          liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The fair value of the IRS, CDS, and TBA securities are derived using a third-party vendor software program and deemed by management to be
          reasonable. Centrally cleared IRS fair values are obtained from the exchange on which they are traded. The fair value of the TRS is based on counterparty pricing and deemed by management to be reasonable. Changes in unrealized gains and losses on
          the swaps are recorded as a direct adjustment to Unassigned surplus within the Statutory Statements of Capital and Surplus. Gains and losses on exchange cleared IRS are recorded as unrealized until the contracts mature or are disposed at which
          time they are recorded as realized, subject to offset by IMR.
(l)    Corporate-Owned Life Insurance
Corporate-owned life insurance (COLI) is recognized
          initially as the amount of premiums paid. Subsequent measurement of the contract is based upon the amount that could be realized assuming the surrender of an individual-life policy (or certificate in a group policy), otherwise known as the cash
          surrender value (CSV), in accordance with SSAP No. 21 –
Other Admitted Assets
(SSAP No. 21). Changes in CSV resulting from subsequent measurement of the contract are recognized as a component of Other income on the Statutory
          Statements of Operations. The Company's COLI policies are reported in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(m)    Borrowed Money
The Company is a member of the FHLB of Des Moines,
          primarily for the purpose of participating in the FHLB's mortgage collateralized loan advance program with short-term and long-term funding facilities. Members are required to purchase and hold a minimum amount of FHLB capital stock plus
          additional stock based on outstanding advances. Through its membership, the Company has issued debt to the FHLB in exchange for cash advances. It is part of the Company's strategy to utilize funds borrowed from the FHLB for operations and
          strategic initiatives. The Company's current borrowings are not subject to prepayment obligations.
Funds obtained from the FHLB and accrued interest are
          included within Borrowed money within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with SSAP No. 15 –
Debt and Holding Company Obligations
. The collateral pledged to FHLB is reported as
          admitted assets within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with admissibility testing under SSAP No. 30 –
Unaffiliated Common Stock
.
(n)    Income Taxes
Statutory Financial Statements as of December 31, 2022
Page 19 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Company and its subsidiaries file a consolidated
          federal income tax return with AZOA and all of its wholly-owned subsidiaries. The consolidated tax allocation agreement stipulates that each company participating in the return will bear its share of the tax liability pursuant to certain tax
          allocation elections under the Internal Revenue Code (IRC) and its related regulations and reimbursement will be in accordance with an intercompany tax reimbursement arrangement. The Company, and its insurance subsidiaries, generally will be paid
          for the tax benefit of any of their tax attributes used by any member of the consolidated group.
The Company provides for federal income taxes based on
          amounts the Company believes it ultimately will owe. Inherent in the provision for federal income taxes are estimates regarding the deductibility of certain items and the realization of certain tax credits. In the event the ultimate deductibility
          of certain items or the realization of certain tax credits differs from estimates, the Company may be required to significantly change the provision for federal income taxes recorded in the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus. Any such change could significantly affect the amounts reported in the Statutory Statements of Operations. Management uses best estimates to establish reserves based on current facts and circumstances regarding tax
          exposure items where the ultimate deductibility is open to interpretation. Quarterly, management evaluates the appropriateness of such reserves based on any new developments specific to their fact patterns. Information considered includes results
          of completed tax examinations, Technical Advice Memorandums, and other rulings issued by the Internal Revenue Service or the tax courts.
The Company utilizes the asset and liability method of
          accounting for income taxes. DTAs and deferred tax liabilities (DTLs), net of the nonadmitted portion are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets
          and liabilities and their respective tax bases. Gross DTAs and DTLs are measured using enacted tax rates and are considered for admitted tax asset status according to the admissibility test as set forth by the NAIC. Changes in DTAs and DTLs,
          including changes attributable to changes in tax rates, are recognized as a component of Unassigned surplus on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
(o)
Separate Accounts
Separate account assets and liabilities are primarily
          funds held for the exclusive benefit of variable and variable-indexed annuity contract holders. Separate account assets are reported at fair value in accordance with SSAP No. 56 –
Separate Accounts
(SSAP No. 56), with the exception
          of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued. Certain assets that are allocated to the index options for the Allianz Index Advantage Variable
          Annuity (VIA), as listed above, are carried at amortized cost in accordance with the product filing requirements in the state of Minnesota.
Amounts due from separate accounts primarily represent the difference between the
          surrender value of the contracts and the Separate account liability as disclosed on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. This receivable represents the surrender fee that would be paid to the Company
          upon the surrender of the policy or contract by the policyholder or contract holder as of December 31. Amounts charged to the contract holders for mortality and contract maintenance, and other administrative services fees are included in income
          within Fees from separate accounts on the Statutory Statements of Operations. These fees have been earned and assessed against contract holders on a daily or monthly basis throughout the contract period and are recognized as revenue when assessed
          and earned. Transfers to (from) separate accounts within the Statutory Statements of Operations primarily includes transfers for new premium and annuity considerations, benefit payments, surrender charge wear-off, realized and unrealized
          investment gains/losses, investment income, and other contractholder behavior.
(p)
Receivables
Receivable balances approximate estimated fair values.
          This is based on pertinent information available to management as of year-end, including the financial condition and creditworthiness of the parties underlying the receivables. Any balances outstanding more than 90 days are nonadmitted on the
          Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Statutory Financial Statements as of December 31, 2022
Page 20 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(q)    Reclassifications
Prior year balances have not been reclassified to conform
          to the current year presentation.
(3)
Accounting Changes and Corrections of Errors
Accounting Changes
Recently Issued Accounting Standards – Adopted in 2022
Not applicable.
Recently Issued Accounting Standards
          – Adopted in 2021
In July 2020, the NAIC adopted revisions to SSAP No. 32R,
          Preferred Stock. The revisions update the definitions, measurement, and impairment guidance for various types of preferred stock and require perpetual preferred stock to be measured at fair value, not to exceed any currently effective call price,
          instead of at the lower of cost or fair value. The revisions were effective January 1, 2021. The implementation of these revisions on January 1, 2021 resulted in a pre-tax increase to surplus of $2.
In 2021, the NAIC extended the following interpretations
          (INT) in response to the COVID-19 pandemic:
•
INT 20-03, Troubled Debt Restructuring due to COVID-19. This INT followed the interagency COVID-19 guidance issued by federal and state
          prudential banking regulators (and concurred by the FASB) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms did not result in troubled debt restructurings as
          long as the modification was in response to COVID-19, the borrower was current at the time of the modification, and the modification was short-term. In addition, insurers were not required to designate mortgage loans or bank loans with deferrals
          granted due to COVID-19 as past due or report them as nonaccrual loans. This INT was effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating
          the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. This INT did not impact the Company.
•
INT 20-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provided temporary guidance by allowing practical
          expedients when assessing whether modifications made to debt securities (under SSAP 26R and 43R) due to COVID-19 are insignificant. Specifically, the guidance proposed restructurings in response to COVID-19 are considered to be insignificant if
          the restructuring resulted in a 10% or less shortfall amount in the contractual amount due and did not extend the maturity of the investment by more than 3 years. This INT was effective for the period beginning March 1, 2020 and originally
          expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the
          President terminates. This INT did not impact the Company.
In November 2021, the NAIC adopted revisions to SSAP No.
          43R, Loan Backed and Structured Securities. The revisions state that non-rated residual tranches currently classified as bonds should be reclassified to other invested assets, and held at lower of cost or market. The revisions are effective
          December 31, 2022, with early application permitted. The company has adopted these revisions, resulting in no change due to no non-rated residual tranches classified as bonds as of December 31, 2021. There was no impact on net income or surplus
          during the year-ended December 31, 2021, as a result of adopting the revisions.
Statutory Financial Statements as of December 31, 2022
Page 21 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Recently Issued Accounting Standards
          – Adopted in 2020
Effective January 1, 2020, the Company adopted VM-21, as
          the effective guidance under which the Company's variable and variable-indexed annuities reserves are calculated. Previously, the Company calculated these reserves using guidance found in AG43. VM-21 applies to business issued on or after January
          1, 2017. Under VM-21, during 2017, 2018, and 2019, the Company elected to combine contracts subject to AG43 and VM-21 for purposes of calculating reserves. In 2019, the NAIC adopted revisions to both AG43 and VM-21, effective January 1, 2020. The
          implementation of the 2019 revisions on January 1, 2020 resulted in a pre-tax increase of $1 to Policyholder liabilities for Life policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and
          Surplus and the corresponding decrease to surplus for the same amount is recorded through Change in reserve on account of change in valuation basis within the Statutory Statements of Capital and Surplus. The 2019 amendments allow an optional
          phase-in of the increase which the Company did not elect.
Effective January 1, 2020, the Company adopted SSAP No.
          108, the standard establishes statutory accounting principles to address certain limited derivative transactions hedging variable annuity guarantees subject to fluctuations as a result of interest rate sensitivity. The Company added all
          applicable new disclosures required by the standard; see Note 2(k) for further information. There were no impacts to net income or surplus during the year ended December 31, 2020, as a result of this adoption.
In 2016, the NAIC adopted revisions to SSAP No. 51R, Life
          Contracts and SSAP No. 54, Individual and Group Accident and Health Contracts, Issue Paper No. 154, Implementation of Principles-Based Reserving. These revisions relate to the adoption of the Valuation Manual and provides for principle-based
          reserving for Life and Heath contracts, and are effective January 1, 2017. The Valuation Manual provides the following revisions: 1) VM-20, Requirements for Principle-Based Reserves, for Life Products, includes an optional three-year deferral.
          The Company elected the deferral and adopted this update effective January 1, 2020. It applies to business issued on or after this date. 2) VM-21, see details disclosed above. 3) VM-22, Statutory Maximum Valuation Interest Rates for Income
          Annuities, was effective January 1, 2018. It applies to annuitizations on contracts issued on or after that date. Because most annuitizations occur years after a contract has been issued, its impact on net income and surplus has not been
          material. 4.) VM-25, Health Insurance Reserves Minimum Requirements, and VM-26, Credit Life and Disability Reserve Requirements, are not applicable as the Company does not issue these contracts.
In August 2019, the NAIC adopted SSAP No. 22R, Leases.
          This revised standard is a substantive revision, reorganization, and clarification of SSAP 22. It adopts much of the language of US GAAP ASU 2016-02, Leases, but retains operating lease accounting for Statutory accounting. It was effective
          January 1, 2020, with early adoption permitted. The Company adopted these revisions effective January 1, 2020. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the revisions.
In March 2020, the NAIC adopted INT 20-01, Reference Rate
          Reform. The interpretation adopted the optional guidance outlined in Accounting Standards Update (ASU) 2020-04, Reference Rate Reform, for a limited period of time to ease the potential burden on accounting for reference rate reform. The
          practical expedients outlined in the interpretation are for modifications solely related to reference rate reform and optionally suspends assessments for re-measuring a contract and dedesignating a hedge relationship. This interpretation is
          effective on the date of adoption and expires on December 31, 2022. The Company adopted the optional guidance in this interpretation effective March 12, 2020. As of December 31, 2020, the Company has not made any modifications to financial assets
          or liabilities as a result of reference rate reform.
In May 2020, the NAIC adopted revisions to SSAP No. 26R,
          Bonds, which provides clarifying guidance when assessing other than temporary impairments (OTTI) for debt instruments that have been previously modified pursuant to SSAP No. 36, Troubled Debt Restructuring, or SSAP No. 103R, Transfers and
          Servicing of Financial Assets and Extinguishments of Liabilities. The revisions to SSAP No. 26R state subsequent OTTI assessments for debt instruments modified under SSAP No. 36 or SSAP No 103 will be based on the modified contractual terms and
          not revert back to the original acquisition terms. These revisions were effective May 20, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of
          adopting the revisions.
Statutory Financial Statements as of December 31, 2022
Page 22 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
In April, May, June, and August 2020, the NAIC adopted
          the following interpretations (INT) in response to the COVID-19 pandemic:
•
INT 2020-02, Extension of the 90-Day Rule for the Impact of COVID-19, extends a one-time optional extension of the nonadmission assessment
          guidance for premiums and similar receivables due from policyholders or agents. For receivables that were current prior to the beginning of the declaration of a state of emergency by the U.S. federal government on March 13, 2020 or originated on
          or after March 13, 2020, insurers may continue to admit assets greater than 90 days past due. This INT is applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements and expired on December 30, 2020. This INT did
          not have an impact to the Company.
•
INT 2020-03, Troubled Debt Restructuring Due to COVID-19, follows the inter-agency COVID-19 guidance issued by the federal and state prudential
          banking regulators (and concurred by the Financial Accounting Standards Board) and the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Specifically, a modification of a mortgage loan or bank loan terms does not result in troubled debt
          restructuring as long as the modification is in response to COVID-19, the borrower was current at the time of the modification, and the modification is short-term. In addition, insurers are not required to designate mortgage loans or bank loans
          with deferrals granted due to COVID-19 as past due or report them as nonaccrual loans. This INT is effective for the period beginning March 1, 2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were
          extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national emergency declared by the President terminates. The Company implemented a loan modification program that
          adhered to the requirements outlined in the INT for investments in commercial and residential mortgage loans.
•
INT 2020-04, Mortgage Loan Impairment Assessment Due to COVID-19, defers the impairment assessment for bank loans, mortgage loans, and
          investments which predominantly hold underlying mortgage loans and are impacted by forbearance or modifications in response to COVID-19. This INT was applicable for the March 31, 2020, June 30, 2020, and September 30, 2020 financial statements
          and expired on December 30, 2020. This INT did not have a material impact to the Company.
•
INT 2020-05, Investment Income Due and Accrued. This INT provides temporary relief guidance for assessing the collectability of interest
          income, admissibility relief of accrued investment income 90 days past due, and clarifies how interest income should be recognized during a payment holiday. This INT is applicable for the June 30, 2020, and September 30, 2020 financial statements
          and expired on December 30, 2020. This INT did not have a material impact to the Company.
•
INT 2020-06, Participation in the 2020 TALF Program. This INT provides guidance for reporting Term Asset-Backed Securities Lending Facility
          (TALF) loans for the duration of the 2020 TALF program. This INT did not impact the Company as the Company did not participate in this program.
•
INT 2020-07, Troubled Debt Restructuring of Certain Debt Investments Due to COVID-19. This INT provides temporary guidance by allowing
          practical expedients when assessing whether modifications made to debt securities (under SSAP No. 26R and SSAP No. 43R) due to COVID-19 are insignificant. Specifically, the guidance proposes restructurings in response to COVID-19 are considered
          to be insignificant if the restructuring results in a 10% or less shortfall amount in the contractual amount due and does not extend the maturity of the investment by more than 3 years. This INT was effective for the period beginning March 1,
          2020 and originally expired on December 31, 2020. In January 2021, the provisions in this INT were extended updating the effective period to be the earlier of January 1, 2022 or the date that is 60 days after the date on which the national
          emergency declared by the President terminates. This INT did not have a material impact to the Company.
•
INT 2020-08, COVID-19 Premium Refunds, Rate Reductions and Policyholder Dividends. This INT provides guidance for returns or benefits to
          policyholders. This INT did not impact the Company.
These INTs have an immaterial effect on the financial
          statements as of December 31, 2020. The Company will continue to monitor these INTs and assess impacts until they are nullified.
Statutory Financial Statements as of December 31, 2022
Page 23 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
In July 2020, the NAIC adopted INT 20-09, Basis Swaps as
          a Result of the LIBOR Transition, to address the statutory accounting and reporting requirements for basis swaps issued by central clearing parties solely in response to the market-wide transition away from the London Interbank Offered Rate
          (LIBOR) and toward the Secured Oversight Financing Rate (SOFR). This INT allows basis swaps issued solely in response to reference rate reform to be classified as derivatives used for "hedging" and reported as admitted assets in the statutory
          financial statements. The INT is effective July 30, 2020 and was subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.
In November 2020, the NAIC adopted revisions to SSAP No.
          43R, Loan-Backed and Structured Securities. The revisions reflect the updated NAIC designation category for residential and commercial mortgage-backed securities that utilize the financial modeling guidance. The revisions were effective November
          12, 2020 and were subsequently adopted by the Company. There was no impact on net income or surplus during the year ended December 31, 2020, as a result of adopting the INT.
Recently Issued Accounting Standards – To Be Adopted
Not applicable.
Corrections of Errors
The Company records corrections of errors in accordance
          with SSAP No. 3 –
Accounting Changes and Correction of Errors
(SSAP No. 3). SSAP No. 3 prescribes that the correction of errors in previously issued Statutory Financial Statements will be reported as an adjustment to capital
          and surplus in the period the error is detected. These errors are shown within Correction of errors, net of tax, on the Statutory Statements of Capital and Surplus.
During 2021, an error was identified related to the
          Company's calculation of scheduled payments for certain fixed-indexed annuity products. The model for policies that have elected the scheduled payment option always used an income period of 10 years. After payments are received, future benefits
          and therefore the remaining benefit period, should have reduced but did not. This resulted in the Company holding excess reserves after policyholders elected this option. The error resulted in a $50 pre-tax overstatement of policyholder
          liabilities for life policies and annuity contracts and a corresponding $40 after-tax understatement of total capital and surplus as of December 31, 2020. Policyholder liabilities for life policies and annuity contracts on the Company's financial
          statements were adjusted in 2021 to correct for the prior period impact.
During the years ended December 31, 2022, and 2020, there
          were no corrections of errors recorded on the Statutory Statements of Capital and Surplus.
(4)
Risk Disclosures
The following is a description of the significant risks
          facing the Company and how it attempts to mitigate those risks:
(a)
Credit Risk
Credit risk is the risk that issuers of fixed-income
          securities, borrowers of mortgages on commercial real estate, or other parties with whom the Company has transactions, such as reinsurers and derivative counterparties, default on their contractual obligations, resulting in unexpected credit
          losses.
The Company mitigates this risk by adhering to investment
          policies and limits that provide portfolio diversification on an asset class, asset quality, creditor, and geographical basis, and by complying with investment limitations from applicable state insurance laws and regulations. The Company
          considers all relevant objective information available in estimating the cash flows related to structured securities. The Company actively monitors and manages exposures, and determines whether any securities are impaired. The aggregate credit
          risk is influenced by management's risk/return preferences, the economic and credit environment, and the ability to manage this risk through liability portfolio management.
For derivative counterparties, the Company mitigates
          credit risk by tracking and limiting exposure to each counterparty through limits that are reported regularly and, once breached, restricts further trades; establishing relationships with counterparties rated BBB+ and higher; and monitoring the
          CDS of each counterparty as an
Statutory Financial Statements as of December 31, 2022
Page 24 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
early warning signal to cease trading when credit default
          swap spreads imply severe impairment in credit quality.
The Company executes Credit Support Annexes (CSA) with
          all active and new counterparties which further limits credit risk by requiring counterparties to post collateral to a segregated account to cover any counterparty exposure. Additionally most transactions are cleared through a clearinghouse
          thereby transferring counterparty risk from the bank to the clearinghouse that tends to have stronger credit. This often leads to increased collateralization and lower counterparty risk for the Company.
(b)    Credit Concentration Risk
Credit concentration risk is the risk of increased
          exposure to significant asset defaults (of a single security issuer); economic conditions (if business is concentrated in a certain industry sector or geographic area); or adverse regulatory or court decisions (if concentrated in a single
          jurisdiction) affecting credit.
The Company's Finance Committee, responsible for
          asset/liability management (ALM) issues, recommends an investment policy to the Company's Board of Directors (BOD) and approves the strategic asset allocation and accompanying investment mandates for an asset manager with respect to asset class.
          The investment policy and accompanying investment mandates specify asset allocation among major asset classes and the degree of asset manager flexibility for each asset class. The investment policy complies, at a minimum, with state statutes.
          Compliance with the policy is monitored by the Finance Committee who is responsible for implementing internal controls and procedures. Deviations from the policy are monitored and addressed. The Finance Committee and, subsequently, the BOD review
          the investment policy at least annually.
To further mitigate this risk, internal concentration
          limits based on credit rating and sector are established and are monitored regularly. Any ultimate obligor group exceeding these limits is placed on a restricted list to prevent further purchases, and the excess exposure may be actively sold down
          to comply with concentration limit guidelines. Any exceptions require Chief Risk Officer approval and monitoring by the Risk Committee. Further, the Company performs a quarterly concentration risk calculation to ensure compliance with the State
          of Minnesota insurance regulations.
(c)    Liquidity Risk
Liquidity risk is the risk that unexpected timing or
          amounts of cash needed will require liquidation of assets in a market that will result in a realized loss or an inability to sell certain classes of assets such that an insurer will be unable to meet its obligations and contractual guarantees.
          Liquidity risk also includes the risk that in the event of a company liquidity crisis, refinancing is only possible at higher interest rates. Liquidity risk can be affected by the maturity of liabilities, the presence of withdrawal penalties, the
          breadth of funding sources, and terms of funding sources. It can also be affected by counterparty collateral triggers as well as whether anticipated liquidity sources, such as credit agreements, are cancelable.
The Company manages liquidity within four specific
          domains: (1) monitoring product development, product management, business operations, and the investment portfolio; (2) setting ALM strategies; (3) managing the cash requirements stemming from the Company's derivative dynamic economic hedging
          activities; and (4) establishing liquidity facilities to provide additional liquidity. The Company has established liquidity risk limits, which are approved by the Company's Risk Committee, and the Company monitors its liquidity risk regularly.
          The Company also sets target levels for the liquid securities in its investment portfolio.
(d)    Interest Rate Risk
Interest rate risk is the risk that movements in interest
          rates or interest rate volatility will cause a decrease in the value of an insurer's assets relative to the value of its liabilities and/or an unfavorable change in prepayment activity resulting in compressed interest margins.
The Company has an ALM strategy to align cash flows and
          duration of the investment portfolio with policyholder liability cash flows and duration. The Company further limits interest rate risk on variable annuity
Statutory Financial Statements as of December 31, 2022
Page 25 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
guarantees through interest rate hedges. The Company
          monitors the economic and accounting impacts of interest rate sensitivities on assets and liabilities regularly.
(e)    Equity Market Risk
Equity market risk is the risk that movements in equity
          prices or equity volatility will cause a decrease in the value of an insurer's assets relative to the value of its liabilities.
The policy value of the fixed-indexed universal life,
          fixed-indexed annuity, and variable-indexed annuity products is generally linked to equity market indices. The Company economically hedges this exposure with derivatives.
Variable annuity products guarantee minimum payments
          regardless of market movements. The Company has adopted an economic hedging program to manage the equity risk of these products.
The Company monitors the impacts of equity sensitivities
          on assets and liabilities regularly.
Basis risk is the risk that variable annuity hedge asset
          values change unexpectedly relative to the value of the underlying separate account funds of the variable annuity contracts. Basis risk may arise from the Company's inability to directly hedge the underlying investment options of the variable
          annuity contracts. The Company regularly reviews and synchronizes fund mappings, product design features, hedge design, and manages funds line-up.
(f)    Operational Risk
Operational risk is the risk of loss resulting from
          inadequate or failed internal processes and systems, from human misbehavior or error, or from external events. Operational risk is comprised of the following seven risk categories: (1) external fraud; (2) internal fraud; (3) employment practices
          and workplace safety; (4) clients/third-party, products and business practices; (5) damage to physical assets; (6) business disruption and system failure; and (7) execution, delivery, and process management. Operational risk is comprehensively
          managed through a combination of core qualitative and quantitative activities.
The Operational Risk Management framework includes the
          following key activities: (1) an Operational Risk Capital Model covering all material types of operational risks, under which the Company quantifies and regularly monitors operational risk; (2) a loss data capture policy to create transparency
          and gather information about losses that meet a designated threshold, requiring business owners to identify and resolve the root cause of operational loss events; and (3) a bottom-up risk assessment process for significant operational risk
          scenarios to proactively manage significant operational risk scenarios throughout the organization.
(g)    Regulatory Change Risk
Regulatory change risk is the risk that regulatory
          changes and imposed regulation may materially impact the Company's business model, sales levels, company financials and ability to effectively comply with regulations.
The Company actively monitors all regulatory changes and
          participates in national and international discussions relating to legal, regulatory, and accounting changes. The Company maintains active membership with various professional and industry trade organizations. A formal process exists to review,
          analyze, and implement new legislation as it is enacted.
(h)    Rating Agency Risk
Rating agency risk is the risk that rating agencies
          change their outlook or rating of the Company or a subsidiary of the Company. The rating agencies generally utilize proprietary capital adequacy models in the process of establishing ratings for the Company. The Company is at risk of changes in
          these models and the impact that changes in the underlying business that it is engaged in can have on such models. To mitigate this risk, the Company maintains regular communications with the rating agencies and evaluates the impact of
          significant transactions on such capital adequacy models and considers the same in the design of transactions to minimize the adverse impact of this risk. Rating agency capital is calculated and analyzed at least annually. Rating agency risk is
          also addressed in the TRA process and on an ad hoc basis as necessary.
Statutory Financial Statements as of December 31, 2022
Page 26 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(i)
Mortality/Longevity Risk
Mortality/longevity risk is the risk that mortality
          experience is different than the life expectancy assumptions used by the Company to price its products.
The Company mitigates mortality risk primarily through
          reinsurance, whereby the Company cedes a significant portion of its mortality risk to third parties. The Company also manages mortality risk through the underwriting process. Both mortality and longevity risks are managed through the review of
          life expectancy assumptions and experience in conjunction with active product management.
(j)    Lapse Risk
Lapse risk is the risk that actual lapse experience
          evolves differently than the assumptions used for pricing and valuation exercises leading to a significant loss in Company value and/or income.
The Company mitigates this risk by performing sensitivity
          analysis at the time of pricing to affect product design, adding Market Value Adjustments and surrender charges when appropriate, regular ALM analysis, and exercising management levers at issue, as well as post-issue as experience evolves.
          Policyholder experience is monitored regularly.
(k)    Cyber Security Risk
Cyber security risk is the risk of losses due to external
          and/or internal attacks impacting the confidentiality, integrity, and/or availability of key systems, data, and processes reliant on digital technology. The Company has implemented preventative, detective, response, and recovery measures
          including firewalls, intrusion detection and prevention, advanced malware detection, spyware and anti-virus software, email protection, network and laptop encryption, web content filtering, web application firewalls, and regular scanning of all
          servers and network devices to identify vulnerabilities. Controls are implemented to prevent and review unauthorized access.
(l)    Reinsurance Risk
Reinsurance risk is the risk that reinsurance companies
          default on their obligation where the Company has ceded a portion of its insurance risk. The Company uses reinsurance to limit its risk exposure to certain business lines and to enable better capital management.
Reinsurance contracts do not relieve the Company from
          its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company.
The Company mitigates this risk by requiring certain
          counterparties to post collateral to cover the exposure and to meet thresholds related to the counterparty's credit rating, exposure, or other factors. For counterparties that are not initially required to post collateral, if the thresholds are
          not met by those counterparties, they are required to establish a trust or letter of credit backed by assets meeting certain quality criteria. All arrangements are regularly monitored to determine whether trusts or letters of credit are
          sufficient to support the ceded liabilities and that their terms are being met. In addition, the Company reviews the financial standings and ratings of its reinsurance counterparties and monitors concentrations of credit risk to minimize its
          exposure to significant losses from reinsurer insolvencies regularly.
Statutory Financial Statements as of December 31, 2022
Page 27 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(5)
Investments
(a)    Bonds, Other Assets Receiving Bond Treatment, and Stocks
At December 31, the amortized cost, gross unrealized gains, gross
          unrealized losses, and fair values of investments, excluding investments in affiliates, are shown below:
2022
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                  government
$
5,492
2
535
4,959
Agencies not backed by the full faith and credit of the U.S. government
2
—
—
2
States and
                  political subdivisions
6,768
76
600
6,244
Foreign
                  governments
1,949
2
336
1,615
Corporate
                  securities
69,765
315
9,191
60,889
Mortgage-backed

                  securities
6,287
29
645
5,671
Collateralized

                  debt obligations
12
8
—
20
Total
                  bonds
90,275
432
11,307
79,400
Common stocks
260
8
17
251
Total
$
90,535
440
11,324
79,651
2021
Amortized cost
Gross unrealized gains
Gross unrealized losses
Fair value
Bonds:
U.S.
                  government
$
3,644
147
39
3,752
Agencies not backed by the full faith and credit of the U.S. government
299
—
—
299
States and
                  political subdivisions
9,119
1,973
6
11,086
Foreign
                  governments
1,619
75
16
1,678
Corporate
                  securities
68,444
8,191
275
76,360
Mortgage-backed

                  securities
11,645
564
26
12,183
Collateralized

                  debt obligations
12
8
—
20
Total
                  bonds
94,782
10,958
362
105,378
Common stocks
278
27
2
303
Total
$
95,060
10,985
364
105,681
At December 31, 2022, amortized cost differed from the carrying value of
          bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus due to NAIC-6 rates bonds where the market value was lower than amortized cost. The total unrealized losses recorded by the Company for these bonds was $1
          as of December 31, 2022 and an insignificant amount as of December 31, 2021.
The Company had NAIC-6 rated bonds with a statement value
          of $2 and $26 as of December 31, 2022 and 2021, respectively. There was no interest due on bonds in default, which was excluded from investment income due and accrued as of December 31, 2022 and 2021.
At December 31, 2022 and 2021, the Company had hybrid
          securities with a carrying value of $0 and $17, respectively.
Statutory Financial Statements as of December 31, 2022
Page 28 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
As of December 31, 2022 and 2021, investments with a
          statement value of $32 and $31, respectively, were held on deposit with various insurance departments and in other trusts as required by statutory regulations.
The amortized cost and fair value of bonds and other
          assets receiving bond treatment reported in the statutory Annual Statement Schedule D Part 1A at December 31, 2022, by contractual maturity, are shown below:
Carrying
value
Fair value
Due in 1 year or less
$
1,892
$
1,886
Due after 1 year
                  through 5 years
8,754
8,378
Due after 5 years
                  through 10 years
19,005
17,049
Due after 10 years
                  through 20 years
25,620
23,222
Due after 20 years
27,654
22,297
No maturity date
1,051
876
Mortgage-backed and other structured securities
6,299
5,692
Total bonds and
                  other assets receiving bond treatment
$
90,275
$
79,400
Expected maturities will differ from contractual
          maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties.
Proceeds from sales of bonds includes sales, maturities,
          paydowns, and other redemptions of bonds and other assets receiving bond treatment. Proceeds from sales of bonds for the years ended December 31 are shown below:
2022
2021
2020
Proceeds from sales
$
19,619
30,577
8,677
Gross gains
251
1,313
162
Gross losses
475
101
28
Proceeds from sales of common stocks for the years ended
          December 31 are shown below:
2022
2021
2020
Proceeds from sales
$
98
241
147
Gross gains
4
11
3
Gross losses
1
—
2
Proceeds from sales of preferred stocks for the years
          ended December 31 are shown below:
2022
2021
2020
Proceeds from sales
$
—
40
—
Gross gains
—
1
—
Gross losses
—
—
—
For the years ended December 31, 2022 and 2021, there
          were 174 and 207 CUSIPs sold, disposed, or otherwise redeemed as a result of a callable feature, respectively. The aggregate amount of investment income generated as a result of these transactions was $73 and $182 for 2022 and 2021, respectively.
The Company's bond portfolio includes mortgage-backed
          securities. Due to the high quality of these investments and the lack of subprime loans within the securities, the Company does not have a material exposure to subprime mortgages.
Statutory Financial Statements as of December 31, 2022
Page 29 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(b)    Unrealized Investment Losses
To determine whether or not declines in fair value are
          other than temporary, the Company performs a quarterly review of its entire combined investment portfolio, including investments held by subsidiaries, using quoted market prices by third-party sources. For further discussion, see Notes 2 and 6.
Unrealized losses and the related fair value of
          investments held by the Company for the years ended December 31 are shown below:
2022
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S.
                  government
$
3,023
319
744
216
3,767
535
Agencies not backed by the full faith and credit of the U.S. government
2
—
—
—
2
—
Foreign
                  government
1,105
202
423
134
1,528
336
States and
                  political subdivisions
4,770
574
49
26
4,819
600
Corporate
                  securities
46,456
7,027
7,507
2,164
53,963
9,191
Mortgage-backed

                  securities
4,912
524
512
121
5,424
645
Total bonds
60,268
8,646
9,235
2,661
69,503
11,307
Common stock
85
11
22
6
107
17
Total
                  temporarily impaired securities
$
60,353
8,657
9,257
2,667
69,610
11,324
2021
12 months or less
Greater than 12 months
Total
Fair value
Unrealized losses
Fair value
Unrealized losses
Fair value
Unrealized losses
Bonds:
U.S.
                  government
$
396
17
272
22
668
39
Foreign
                  government
513
13
41
3
554
16
States and
                  political subdivisions
208
5
21
1
229
6
Corporate
                  securities
9,417
207
1,083
68
10,500
275
Mortgage-backed

                  securities
977
19
124
7
1,101
26
Total bonds
11,511
261
1,541
101
13,052
362
Common stock
53
2
3
—
56
2
Total
                  temporarily impaired securities
$
11,564
263
1,544
101
13,108
364
As of December 31, 2022 and 2021, the number of investment holdings that
          were in an unrealized loss position was 5,895 and 1,513, respectively, for bonds, and 30 and 21, respectively, for common stocks.
As of December 31, 2022 and 2021, of the total amount of
          unrealized losses, $11,091, or 97.9%, and $319, or 87.5%, respectively, are related to unrealized losses on investment grade securities. Investment grade is defined as a security having an NAIC SVO credit rating of 1 or 2. Unrealized losses on
          securities are principally related to changes in interest rates or changes in sector spreads from the date of purchase. As contractual payments continue to be met, management continues to expect all contractual cash flows to be received and does
          not consider these investments to be other-than-temporarily impaired.
Statutory Financial Statements as of December 31, 2022
Page 30 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(c)    Realized Investment Gains (Losses)
Net realized capital gains (losses) for the years ended
          December 31 are shown below:
2022
2021
2020
Bonds
$
(308)
1,199
(120)
Stocks
3
11
2
Mortgage Loans
(46)
(8)
(34)
Real estate
1
—
—
Derivatives
(2,118)
1,883
202
Other
184
(39)
(1)
Total
                  realized capital gains (losses)
(2,285)
3,046
49
Income tax benefit
                  (expense) on net realized gains (losses)
43
(249)
—
Total
                  realized capital gains (losses), net of taxes
(2,242)
2,797
49
Net gains (losses)
                  transferred to IMR, net of taxes
(256)
941
(93)
Net
                  realized gains (losses), net of taxes and IMR
$
(1,986)
1,856
142
(d)    Net Investment Income
Major categories of net investment income for the years
          ended December 31 are shown below:
2022
2021
2020
Interest:
Bonds
$
3,783
4,233
4,189
Mortgage
                  loans on real estate
703
682
647
Policy
                  loans
13
12
12
Cash, cash
                  equivalents, and short-term investments
23
—
7
Dividends:
Stocks
10
13
7
Investment
                  in subsidiaries
77
51
50
Rental income on real
                  estate
21
20
20
Derivatives
19
37
(14)
Other
10
(92)
47
Gross
                  investment income
4,659
4,956
4,965
Investment expenses
(155)
(137)
(138)
Net
                  investment income before amortization of IMR
4,504
4,819
4,827
Amortization of IMR
40
47
37
Net
                  investment income
$
4,544
4,866
4,864
(e)    Mortgage Loans on Real Estate
The Company's investment in mortgage loans on real estate
          includes CMLs and RMLs at December 31, 2022 and 2021.
At December 31, 2022 and 2021, the Company's CML
          portfolio includes concentrations exceeding 10% for the following states:
2022
2021
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
3,545
22.4
%
$
3,605
22.9
%
Statutory Financial Statements as of December 31, 2022
Page 31 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The maximum lending rates for CMLs made during 2022 and
          2021 were 6.6% and 4.5%, respectively. The minimum lending rates for CMLs made during 2022 and 2021 were 2.8% and 1.7%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of
          insured, guaranteed or purchased money mortgages was 76.5% and 77.6% during 2022 and 2021, respectively.
At December 31, 2022 and 2021, the Company's RML
          portfolio includes concentrations exceeding 10% for the following states:
2022
2021
Concentration Amount
Concentration %
Concentration Amount
Concentration %
California
$
546
29.2
%
$
500
35.6
%
New York
238
12.7
%
—
—
%
The maximum lending rates for RMLs made during 2022 and
          2021 was 12.0% and 11.0%, respectively. The minimum lending rates for RMLs made during 2022 and 2021 was 2.8% and 2.8%, respectively. The maximum percentage of any one loan to the value of security at the time of the loan extension exclusive of
          insured, guaranteed or purchased money mortgages for RMLs was 160.9% and 94.8% during 2022 and 2021, respectively.
As of December 31, 2022 and 2021, there were no taxes,
          assessments, or amounts advanced that were excluded from the mortgage loan investment total.
(1)    Age Analysis
          of Mortgage Loans
The following table presents an age analysis of the
          Company's mortgage loan investments as of December 31, 2022 and 2021 by type:
2022
2021
Residential
Commercial
Residential
Commercial
Current
$
1,799
15,855
1,364
15,732
30-59 Days Past Due
27
—
14
—
60-89 Days Past Due
8
—
2
—
90-179 Days Past Due
16
—
11
—
180+ Days Past Due
23
—
15
16
Total
$
1,873
15,855
1,406
15,748
There were no mortgage loan investments greater than 90
          days past due and still accruing interest as of December 31, 2022 and 2021.
There were no mortgage loan investments for which
          interest was reduced as of December 31, 2022 and 2021.
As of December 31, 2022 and 2021 there were no RMLs in
          which the Company participated as a co-lender in a mortgage loan agreement. As of December 31, 2022 and 2021, for CML investments, the recorded investment for which the Company participated as a co-lender in a mortgage loan agreement was $2,505
          and $2,471, respectively.
Statutory Financial Statements as of December 31, 2022
Page 32 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(2) Impaired
          Mortgage Loans
For the years ended December 31, 2022, and 2021, the
          recorded investment in impaired CMLs was $69, and $16, respectively. These amounts also represent the average recorded investment in impaired mortgage loans for the year ended December 31, 2022, and 2021. There was no related allowance for credit
          losses on these investments and the Company did not participate as a co-lender in the related mortgage loan agreement. In addition, the impaired CMLs were not in nonaccrual status. There was no recorded investment in impaired RMLs for the years
          ended December 31, 2022, and 2021.
There was $5, $0 and $1 interest income recognized on
          impaired mortgage loans as of December 31, 2022, 2021 and 2020, respectively. The Company recognizes interest income on its impaired mortgage loans upon receipt of payment.
As of December 31, 2022 and 2021, the Company
          derecognized mortgage loans as a result of foreclosure of $0 and $4, respectively.
(3) Credit Quality Indicators
The Company analyzes certain financing receivables for
          credit risk by using specific credit quality indicators. The Company has determined the loan-to-value ratio and the debt service coverage ratio are the most reliable indicators in analyzing the credit risk of its CML portfolio. The loan-to-value
          ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative sales, depending on the characteristics of the property being evaluated. The debt service coverage ratio analysis is
          normalized to reflect a 25 year amortization schedule.
The credit quality of CMLs as of December 31 is shown
          below:
Debt Service Coverage Ratios
2022
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of Total
Loan-to-value ratios:
Less than
                  50%
$
4,784
82
376
676
5,918
37.3
%
50% – 60%
4,298
896
202
950
6,346
40.0
%
60% – 70%
2,201
571
223
464
3,459
21.8
%
70% – 80%
90
28
—
14
132
0.9
%
80% – 90%
—
—
—
—
—
—
%
90% – 100%
—
—
—
—
—
—
%
Greater
                  than 100%
—
—
—
—
—
—
%
Total
$
11,373
1,577
801
2,104
15,855
100.0
%
Debt Service Coverage Ratios
2021
Greater than 1.4x
1.2x – 1.4x
1.0x – 1.2x
Less than 1.0x
Total
Percent of Total
Loan-to-value ratios:
Less than
                  50%
$
4,528
59
98
663
5,348
34.0
%
50% – 60%
4,459
775
249
824
6,307
40.0
%
60% – 70%
2,077
1,099
281
444
3,901
24.8
%
70% – 80%
23
89
35
29
176
1.1
%
80% – 90%
—
—
—
—
—
—
%
90% – 100%
—
—
—
—
—
—
%
Greater
                  than 100%
—
—
16
—
16
0.1
%
Total
$
11,087
2,022
679
1,960
15,748
100.0
%
Statutory Financial Statements as of December 31, 2022
Page 33 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Company has determined the delinquency status and the
          loan-to-value ratio are the most reliable indicators in analyzing the credit risk of its RML portfolio. The loan-to-value ratio is based on the Company's internal valuation methodologies, including discounted cash flow analysis and comparative
          sales, depending on the characteristics of the property being evaluated.
The loan-to-value ratios of RMLs as of December 31 are shown below:
2022
2021
Total
Percent of Total
Total
Percent of Total
Loan-to-value ratios:
Below 70%
$
604
32.2
%
$
353
25.1
%
71% to 80%
1043
55.7
%
705
50.1
%
81% to 90%
208
11.1
%
316
22.5
%
91% to 95%
16
0.9
%
33
2.3
%
Above 95%
2
0.1
%
—
—
%
Total
$
1,873
100.0
%
$
1,407
100.0
%
(f)    Loan-Backed Securities
SSAP No. 43R requires the bifurcation of impairment
          losses on loan-backed or structured securities into interest and noninterest-related portions. The noninterest portion is the difference between the present value of cash flows expected to be collected from the security and the amortized cost
          basis of the security. The interest portion is the difference between the present value of cash flows expected to be collected from the security and its fair value at the balance sheet date.
The Company recognized loan-backed securities in OTTI for
          the years ended December 31, 2022 and 2021 as follows:
2022
2021
OTTI Recognized in Loss
OTTI Recognized in Loss
Amortized Cost Basis Before OTTI
Interest
Non-Interest
Fair Value
Amortized Cost Basis Before OTTI
Interest
Non-Interest
Fair Value
OTTI Recognized:
Intent to sell
$
136
23
3
110
41
3
—
38
Annual
                  aggregate total
$
136
23
3
110
$
41
3
0
38
The Company had no loan-backed securities recognized in
          OTTI for the year ended December 31, 2020.
(g)    Derivatives and Hedging Instruments
The Company uses exchange-traded and OTC derivative
          instruments as a risk management strategy to economically hedge its exposure to various market risks associated with both its products and operations. Derivative assets and liabilities that do not qualify for hedge accounting treatment are
          recorded at fair value in the Statutory Financial Statements using valuation techniques further discussed in Note 6.
The Company does not have derivative contracts with
          financing premium as of December 31, 2022 and 2021.
Derivatives held by the Company are designated as either
          a fair value hedging instrument (fair value hedge), a cash flow hedging instrument (cash flow hedge), or a nonqualified hedging instrument (nonqualifying strategies).
Statutory Financial Statements as of December 31, 2022
Page 34 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(1) Cash Flow Hedges
Foreign Currency Swaps on Debt Securities
Foreign currency swaps have notional amounts and maturity
          dates equal and offsetting to the underlying debt securities and are determined to be highly effective as of December 31, 2022 and 2021.
(2) Fair Value Hedges
Interest Rate Swaps on Variable Annuity Insurance
          Liabilities
IRS traded after June 2013 are centrally cleared through
          an exchange. For IRS traded prior to June 2013 the IRS exposure was netted with other OTC derivatives upon settlement and were subject to the rules of the International Swaps and Derivatives Association, Inc. agreements. The fair values of the
          collateral posted for OTC and exchange traded derivatives are discussed in the derivative collateral management section below.
Prior to January 1, 2020, the Company designated hedge
          accounting for these IRS as a cash flow hedge under SSAP No. 86. The amounts previously recorded under the SSAP No. 86 relationship continue to be deferred and amortized over the life of the former hedge program. Effective January 1, 2020, the
          Company de-designated its previous hedging relationship under SSAP No. 86 and simultaneously designated the hedging relationship under SSAP No. 108 as a fair value hedge. The relationship is deemed to be highly effective at December 31, 2022.
(3) Nonqualifying Strategies
Futures and Options Contracts
OTC options and ETO are cleared through the Options
          Clearing Corporation, which operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission. The fair values of the collateral posted for futures, OTC options, and ETO are
          discussed in the derivative collateral management section below.
Interest Rate Swaps
The Company can receive the fixed or variable rate; IRS
          are traded in varying maturities. The fair values of the collateral posted and variation margin for OTC and centrally cleared IRS are discussed in the derivative collateral management section below.
Credit Default Swaps
The CDS within the investment portfolios assume credit risk from a single entity or
          referenced index for the purpose of synthetically replicating investment transactions. The Company can be required to pay or be the net receiver on the contract depending on the net position. Credit events include bankruptcy of the reference and
          failure to pay by the reference. Prior to January 1, 2021, the notional amount is equal to the maximum potential future loss amount. Beginning January 1, 2021, the Company updated the potential future exposure (PFE) to zero, as PFE is not
          determinable. The PFE is zero for the following reasons:
(a) CDS are used to hedge indices allocated to products by policyholders. Fluctuations in
          value of the CDS are offset by credits provided to policyholders and results in a minimal amount of hedge inefficiency. It is impossible to determine the potential future amount of hedge inefficiency.
(b) The CDS used are exchange traded and daily variation
          margin is required to settle market movements. This minimizes counterparty credit risk. It also makes it impossible to determine what the potential future exposure related to counterparty risk, net of variation margin received could be.
The fair value of the collateral posted for centrally
          cleared CDS is discussed in the derivative collateral management section below.
Statutory Financial Statements as of December 31, 2022
Page 35 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Total Return Swaps
The Company engages in the use of OTC TRS,
which allow the parties to exchange cash flows based on a variable reference rate such as the three-month SOFR and
          the return of an underlying index.
The fair value of the collateral posted for OTC TRS is discussed in the derivative collateral
          management section below.
To Be Announced Securities
The Company uses OTC TBA forward contracts to gain
          exposure to the investment risk and return of mortgage-backed securities. Typically, the price is agreed upon at the time of the contract and payment for such a contract is made at a specified future date. The fair value of the collateral posted
          for OTC TBA securities is discussed in the derivative collateral management section below.
The following table presents a summary of the aggregate
          notional amounts and fair values of the Company's derivative instruments reported on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus as of December 31:
2022
2021
Gross Fair Value
Gross Fair Value
Notional
(1)
Assets
Liabilities
Notional
(1)
Assets
Liabilities
Cash flow hedging
                  instruments
Foreign currency swaps
$
1,959
243
(1)
1,583
81
(33)
Total cash
                  flow hedging instruments
$
243
(1)
81
(33)
Fair value hedging
                  instruments
IRS
$
1,987
21
(211)
2,696
305
3,511
Total fair
                  value hedging instruments
$
21
(211)
$
305
3,511
Nonqualifying hedging
                  instruments
OTC options
$
43,355
670
(494)
55,270
2,174
(1,822)
ETO
1,185
25
(5)
19,388
114
(119)
TBA securities
1,071
1
(8)
1,987
—
—
IRS
3,762
7
(14)
2,233
8
(3,545)
Futures
8,405
—
—
19,591
—
—
TRS
3,459
6
(14)
6,633
—
(15)
Total
                  nonqualifying hedging instruments
709
(535)
2,296
(5,501)
Total
                  derivative instruments
$
973
(747)
2,682
(2,023)
(1)
Notional amounts are presented on an absolute basis.
Derivative Collateral Management
The Company manages derivative collateral for the general
          account and separate account combined. Additionally, said derivative collateral is managed separately between exchange-traded and OTC derivatives. The total collateral posted for exchange-traded derivatives at December 31, 2022 and 2021, had a
          fair value of $1,203 and $2,432, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company retains ownership of the exchange-traded
          collateral, but the collateral resides in an account designated by the exchange. The collateral is subject to specific exchange rules regarding rehypothecation. The total collateral posted for OTC derivatives at December 31, 2022 and 2021, had a
          fair value of $25 and $2, respectively, and is included in Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus and recorded at amortized cost. The Company posts collateral to OTC counterparties based upon
          exposure amounts. The Company retains ownership of the OTC collateral.
Statutory Financial Statements as of December 31, 2022
Page 36 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(h)    Offsetting Assets and Liabilities
The Company elects to disclose derivative assets and
          liabilities eligible for offset under SSAP No. 64 –
Offsetting and Netting of Assets and Liabilities
on a gross basis on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus in accordance with the provisions set
          forth in SSAP No. 86. This treatment is consistent with the Company's historical reporting presentation.
(i)    Securities Lending
The Company loaned securities with a carrying value of
          $2,510 and $2,809 and a fair value of $2,102 and $3,022 as of December 31, 2022 and 2021, respectively. The aggregate amount of collateral received through securities lending at December 31 is as follows:
Fair Value
2022
2021
Cash
Open
1,892
2,594
30 days or
                  less
—
—
31 to 60
                  days
—
—
61 to 90
                  days
—
—
Greater
                  than 90 days
—
—
Subtotal
1,892
2,594
Securities received
263
500
Total
                  collateral received
$
2,155
3,094
The aggregate amount of cash collateral reinvested
          through securities lending at December 31 is as follows:
2022
2021
Amortized cost
Fair value
Amortized cost
Fair value
Open
—
—
—
—
30 days or less
969
969
949
949
31 to 60 days
338
338
837
837
61 to 90 days
26
26
61
61
91 to 120 days
117
117
162
162
121 to 180 days
156
156
308
308
181 to 365 days
286
287
277
277
Greater than 1 year
—
—
—
—
Total
                  collateral reinvested
$
1,892
1,893
2,594
2,594
As of December 31, 2022 and 2021, the Company had no
          borrowings outstanding from collateral securities lending.
Reinvested collateral is recorded in Other invested
          assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. The amount and type of reinvested collateral at December 31 is as follows:
2022
2021
Cash and cash
                  equivalents
$
1,254
1,665
Short-term investments
638
929
Total
$
1,892
2,594
Statutory Financial Statements as of December 31, 2022
Page 37 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(j)     Reverse Repurchase Agreements
The Company participates in both bilateral and tri-party
          repos. As of December 31, 2022 and 2021, the Company did not sell or acquire any securities that resulted in default. The Company did not recognize a liability to return cash collateral as of December 31, 2022 and 2021.
All collateral received, as of December 31, 2022 and
          2021, were bonds with a designated NAIC-1 rating. Further information related to repos for the years ended December 31, 2022 and 2021, is as follows:
As of year end
2022
2021
1. Maturity
a. Overnight
$
460
1,161
b. 2 Days to 1 Week
—
—
2. Collateral Pledged and Securities Acquired Under Repo
a. Cash Collateral Pledged - Secured Borrowing
$
460
1,161
b. Fair Value of Securities Acquired Under Repo - Secured Borrowing
460
1,161
Maximum Amount
2022
2021
1. Maturity
a. Overnight
$
997
1,161
b. 2 Days to
                  1 Week
303
—
c. Greater
                  than one week and less than one month
100
—
2. Collateral
                  Pledged and Securities Acquired Under Repo
a. Cash
                  Collateral Pledged - Secured Borrowing
$
1,165
1,161
b. Fair Value
                  of Securities Acquired Under Repo - Secured Borrowing
1,167
1,161
(k)    Non-insurance SCA Investments
A summary of the Company's SSAP No. 97 –
Investments in Subsidiary, Controlled and Affiliated Entities
, non-insurance SCA investments, including their respective asset value and NAIC filing information, as of December 31, 2022 is as follows:
SCA Name
Gross Asset
Non-Admitted Asset
Net Admitted Assets
NAIC Filing Date
NAIC Filing Type
NAIC Filing Balance
Re-submission Required?
AZLPF
$
721
—
721
5/16/2022
S2
789
N
Total
$
721
—
721
XXX
XXX
789
XXX
(l)    FHLB Agreements
The Company held Class A FHLB membership stock of $10 and
          $10 at December 31, 2022 and 2021 and activity stock of $80 and $80 at December 31, 2022 and 2021, respectively. The Company has a fully collateralized borrowings with a balance of $2,000 and $2,000 as of December 31, 2022 and 2021 which is
          recorded in Borrowed money on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. All FHLB transaction activity occurs in the Company's general account.
Securities collateral pledged to FHLB at December 31 is as follows:
2022
2021
Carrying value
$
2,372
1,988
Fair value
2,308
2,381
The maximum of collateral pledged to FHLB during the year ended December 31
          was as follows:
Statutory Financial Statements as of December 31, 2022
Page 38 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2022
2021
Carrying value
$
2,774
4,290
Fair value
2,928
5,052
As of December 31, 2022 and 2021, the Company had $2,000
          and $2,000, respectively, in total borrowing capacity under its agreement with the FHLB. The maximum amount of aggregate borrowing from FHLB during the years ended December 31, 2022 and 2021 was $2,400 and $4,000, respectively. Borrowings are not
          subject to prepayment penalties. Outstanding borrowings as of December 31, 2022, were issued on various dates ranging from October 17, 2016 to December 16, 2022 and interest rates on those borrowings range from 0.2% to 5.2%. Interest paid on
          borrowings was $37 and $17 for the years ended December 31, 2022 and 2021, respectively.
(m)    Restricted Assets
As of December 31, 2022 and 2021, the Company had the
          following restricted assets, including assets pledged to others as collateral:
Gross Restricted
Percentage
Total general account
Total separate account
Total current year
Total prior year
Increase (decrease)
Total current year
                  admitted restricted
Gross restricted to total assets
Admitted restricted to total admitted assets
Collateral held under
                  security lending arrangements
$
2,155
1,179
3,334
3,094
240
3,334
1.3
%
1.3
%
FHLB capital stock
90
—
90
90
—
90
—
—
On deposit with states
4
—
4
4
—
4
—
—
On deposit with other
                  regulatory bodies
27
—
27
27
—
27
—
—
Pledged as collateral
                  to FHLB (including assets backing funding agreements)
2,372
—
2,372
1,988
384
2,372
1.5
1.5
Derivative collateral
1,457
96
1,553
2,338
(785)
1,553
1.0
1.0
Modco assets
24,143
—
24,143
25,773
(1,630)
24,143
14.9
14.9
Total restricted
                  assets
$
30,248
1,275
31,523
33,314
(1,791)
31,523
18.7
%
18.7
%
(n)    Low Income Housing Tax Credits
As of December 31, 2022 the Company had various LIHTC
          investments with a range of 3 to 13 remaining years of unexpired tax credits and no required holding period.
The amount of tax credits and other tax benefits
          recognized during the years ended December 31, 2022, 2021 and 2020 is $52, $44, and $38, respectively.
The balance of the investment recognized in the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus for the years ended December 31, 2022 and 2021 is $448 and $503, respectively.
Additionally, the Company's LIHTC investments require a
          commitment of capital. The Company has open capital commitments of $207 and $271 at December 31, 2022 and 2021, respectively, which are recorded as an unfunded commitment liability in other liabilities. LIHTC commitments are considered an open
          capital commitment beginning when the Company formally commits to fund the LIHTC, but they are not recorded as an unfunded commitment asset and liability until the Company has begun funding the LIHTC.
Statutory Financial Statements as of December 31, 2022
Page 39 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(6)    Fair Value Measurements
SSAP No. 100R –
Fair Value
establishes a
          fair value hierarchy that prioritizes the inputs used in the valuation techniques to measure fair value.
Level 1 –     Unadjusted quoted prices
          for identical assets or liabilities in active markets that the Company has the ability to access at the measurement date.
Level 2 –     Valuations derived from
          techniques that utilize observable inputs, other than quoted prices included in Level 1, which are observable for the asset or liability either directly or indirectly, such as:
(a)    Quoted prices for similar assets or liabilities in
          active markets.
(b)    Quoted prices for identical or similar assets or
          liabilities in markets that are not active.
(c)    Inputs other than quoted prices that are
          observable.
(d)    Inputs that are derived
          principally from or corroborated by observable market data by correlation or other means.
Level 3 –     Valuations derived from
          techniques in which the significant inputs are unobservable. Level 3 fair values reflect the Company's own assumptions about the assumptions that market participants would use in pricing the asset or liability (including assumptions about risk).
The Company has analyzed the valuation techniques and
          related inputs, evaluated its assets and liabilities reported at fair value, and determined an appropriate fair value hierarchy level based upon trading activity and the observability of market inputs. Based on the results of this evaluation and
          investment class analysis, each financial asset and liability was classified into Level 1, 2, or 3.
The following presents the assets and liabilities
          measured at fair value on a recurring basis and their corresponding level in the fair value hierarchy at December 31:
2022
Level 1
Level 2
(a)
Level 3
Total
Assets

                  at fair value:
Bonds
$
1
3
—
4
Common
                  stocks
155
—
5
160
Derivative
                  assets
25
1,065
6
1,096
Separate
                  account assets
15,872
3,062
—
18,934
Total assets
                  reported at fair value
$
16,053
4,130
11
20,194
Liabilities

                  at fair value:
Derivative
                  liabilities
$
5
741
14
760
Separate
                  account derivative liabilities
—
2,940
—
2,940
Total
                  liabilities reported at fair value
$
5
3,681
14
3,700
(a)
The Company does not have any assets or liabilities measured at net asset value (NAV) that are included in Level 2 within
                    this table.
Statutory Financial Statements as of December 31, 2022
Page 40 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2021
Level 1
Level 2
(a)
Level 3
Total
Assets

                  at fair value:
Bonds
$
—
3
—
3
Common
                  stocks
213
—
—
213
Derivative
                  assets
114
2,644
—
2,758
Separate
                  account assets
21,319
7,043
—
28,362
Total assets
                  reported at fair value
$
21,646
9,690
—
31,336
Liabilities

                  at fair value:
Derivative
                  liabilities
$
119
1,894
15
2,028
Separate
                  account derivative liabilities
—
5,329
—
5,329
Total
                  liabilities reported at fair value
$
119
7,223
15
7,357
(a)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 within this table.
The following is a discussion of the methodologies used to determine
          fair values for the assets and liabilities listed in the above table. These fair values represent an exit price (i.e., what a buyer in the marketplace would pay for an asset in a current sale or charge to transfer a liability). The Company has
          not made changes to valuation techniques in 2022.
(a)    Valuation of Bonds and Unaffiliated Stock
The fair value of bonds is based on quoted market prices
          in active markets when available. Based on the market data, the securities are categorized into asset class, and based on the asset class of the security, appropriate pricing applications, models and related methodology, and standard inputs are
          utilized to determine what a buyer in the marketplace would pay for the security in a current sale. When quoted prices are not readily available or in an inactive market, standard inputs used in the valuation models, listed in approximate order
          of priority, include, but are not limited to, benchmark yields, reported trades, Municipal Securities Rulemaking Board reported trades, Nationally Recognized Municipal Securities Information Repository material event notices, broker-dealer
          quotes, issuer spreads, two-sided markets, benchmark securities, bids, offers, reference data, and industry and economic events. In some cases, including private placement securities and certain difficult-to-price securities, internal pricing
          models may be used that are based on market proxies. Internal pricing models based on market spread and U.S. Treasury rates are used to value private placement holdings. The primarily unobservable input used in the discounted cash flow models for
          states and political subdivisions, foreign government, and corporate bonds is a corporate index option adjusted spread (OAS). CDO and certain mortgage-backed securities are priced by a third-party vendor and the Company internally reviews the
          valuation for reasonableness. The Company does not have insight into the specific inputs; however, the key unobservable inputs would generally include default rates.
Generally, U.S. Treasury securities and exchange-traded
          stocks are included in Level 1. Most bonds for which prices are provided by third-party pricing sources are included in Level 2, because the inputs used are market observable. Bonds for which prices were obtained from broker quotes, certain bonds
          without active trading markets and private placement securities that are internally priced are included in Level 3.
The fair value of unaffiliated common stocks is based on
          quoted market prices in active markets when available and included in Level 1. When quoted prices are not readily available or in an inactive market, the Company arrives at fair value utilizing internal pricing models based on available market
          inputs or obtains valuations from third party brokers or investment managers. Such investments may be categorized in Level 2 or Level 3. The primary unobservable input used to value common stock are indicative quotes received from third-party
          vendors.
Statutory Financial Statements as of December 31, 2022
Page 41 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(b)    Valuation of Derivatives
Active markets for OTC options do not exist. The fair
          value of OTC options is derived internally, by calculating their expected discounted cash flows, using a set of calibrated, risk-neutral stochastic scenarios, including a market data monitor, a market data model generator, a stochastic scenario
          calibrator, and the actual asset pricing calculator. The valuation results are reviewed by Management via the Pricing Committee. OTC options that are internally priced, foreign currency swaps, credit default swaps (CDS), To Be Announced (TBA)
          securities, and interest rate swaps (IRS) are included in Level 2, because they use market observable inputs. TRS are included in Level 3 because they use valuation techniques in which significant inputs are unobservable. The fair value of ETOs
          and futures are based on quoted market prices and are generally included in Level 1.
Certain derivatives are priced using external third-party
          vendors. The Company has controls in place to monitor the valuations of these derivatives. Using market observable inputs, IRS prices are derived from a third-party source and are independently recalculated internally and reviewed for
          reasonableness at the position level on a monthly basis. TRS prices are obtained from the respective counterparties. These prices are also internally recalculated and reviewed for reasonableness at the position level on a monthly basis. The
          Company does not have insight into the specific inputs used by third-party vendors; however, the key unobservable input would generally include the spread.
(c)    Valuation of Separate Account Assets and Separate
          Account Derivative Liabilities
Separate account assets and Separate account derivative
          liabilities, with the exception of certain bonds, mortgage loans, cash, cash equivalents, securities lending reinvested collateral assets and investment income due and accrued, are carried at fair value, which is based on the fair value of the
          underlying assets which are described throughout this note. Funds in the separate accounts are primarily invested in variable investment option funds with the following investment types: bond, domestic equity, international equity, or specialty.
          Variable investment option funds are included in Level 1 because their fair value is based on quoted prices in active, observable markets. The remaining investments are categorized similar to the investments held by the Company in the general
          account (e.g., if the separate account invested in bonds, short-term investments and derivatives, that portion could be classified within Level 2 or Level 3). Certain bonds, cash, and cash equivalents, along with related accrued investment
          income, carried at amortized cost within the separate account have an amortized cost of $22,234 and $19,917 as of December 31, 2022 and 2021, respectively, and a fair value of $18,793 and $20,719 as of December 31, 2022 and 2021, respectively.
          Separate account assets carried at amortized cost are included in the table in section 6(h) below.
(d)    Level 3 Rollforward
The following table provides a reconciliation of the
          beginning and ending balances for the Company's Level 3 assets and liabilities measured at fair value on a recurring basis:
January 1, 2022
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and settlements
December 31, 2022
Common stocks
$
—
—
—
—
(2)
7
5
TRS assets
—
—
—
419
6
(419)
6
Total Level
                  3 Assets
$
—
—
—
419
4
(412)
11
TRS liabilities
$
(15)
—
—
(871)
1
871
(14)
Total Level
                  3 Liabilities
$
(15)
—
—
(871)
1
871
(14)
Statutory Financial Statements as of December 31, 2022
Page 42 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
January 1, 2021
Transfers into
Level 3
Transfers out
of Level 3
Total gains
and (losses)
included in
Net Income
Total gains
and (losses)
included in
Surplus
Purchases, issuances, sales and settlements
December 31, 2021
Preferred stocks
$
—
41
—
—
—
(41)
—
Common stocks
1
—
—
—
—
(1)
—
TRS assets
7
—
—
297
(7)
(297)
—
Total Level
                  3 Assets
$
8
—
—
297
(7)
(298)
—
TRS liabilities
$
(18)
—
—
(423)
3
423
(15)
Total Level
                  3 Liabilities
$
(18)
—
—
(423)
3
423
(15)
(e)    Transfers
The Company reviews its fair value hierarchy
          classifications quarterly. Transfers between levels occur when there are changes in the observability of inputs and market activity.
All transfers into Level 3 were a result of observable
          inputs no longer being considered reliable or could no longer be validated against an alternative source. The transfers out of Level 3 were a result of securities no longer being carried at fair value as a result of new availability of reliable
          observable inputs or the ability to validate market price of the security against an alternative source.
(f)    Sensitivity of Fair Value Measurements to Changes
          in Unobservable Inputs
Bonds:
The primary unobservable input used in the discounted cash flow models for states and political subdivisions, foreign government, and corporate bonds is a corporate index option
          adjusted spread (OAS). The corporate index OAS used is based on a security's sector, rating, and average life. A significant increase (decrease) of the corporate index OAS in isolation could result in a decrease (increase) in fair value.
CDO and certain mortgage-backed securities are priced by
          a third-party vendor and the Company internally reviews the valuation for reasonableness. The Company does not have insight into the specific inputs used; however, the key unobservable inputs would generally include default rates. A significant
          increase (decrease) in default rates in isolation could result in an decrease (increase) in fair value.
Common stocks:
The primary unobservable inputs used to value common stock are indicative quotes received from third-party vendors and subsequent offering prices. A significant
          increase (decrease) in either the indicative quotes or offering prices in isolation could result in an increase (decrease) in fair value.
Derivative assets and liabilities:
The TRS are priced by a third-party vendor and the Company internally reviews the valuation for reasonableness. The key unobservable input
          would generally include the spread. For a long position, a significant increase (decrease) in the spread used in the fair value of the TRS in isolation could result in higher (lower) fair value. For a short position, a significant increase
          (decrease) in the spread used in the fair value of the TRS in isolation could result in lower (higher) fair value.
(g)    Estimates
The Company has been able to estimate the fair value of
          all financial assets and liabilities.
Statutory Financial Statements as of December 31, 2022
Page 43 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(h)    Aggregate Fair Value of Financial Instruments
The following tables present the carrying amounts and
          fair values of all financial instruments at December 31
(b)
:
2022
Fair Value
Aggregate Fair Value
Admitted Assets/
Carrying Value
Level 1
Level 2
Level 3
Financial

                  Assets
Bonds
$
78,268
89,143
4,708
55,058
18,502
Common
                  stocks, unaffiliated
251
251
156
—
95
Mortgage
                  loans on real estate
16,020
17,728
—
—
16,020
Cash
                  equivalents
1,489
1,488
1,029
460
—
Short-term
                  investments
783
783
778
—
5
Derivative
                  assets
1,096
973
25
1,065
6
Securities
                  lending reinvested collateral assets
1,892
1,892
—
1,892
—
Other
                  invested assets
1,408
1,439
—
94
1,314
COLI
692
692
—
692
—
Separate
                  account assets
40,004
43,502
16,406
21,711
1,887
Financial

                  Liabilities
Deposit-type

                  contracts
$
4,122
4,233
—
—
4,122
Other
                  investment contracts
96,854
88,919
—
—
96,854
Borrowed
                  money
1,999
2,010
—
—
1,999
Derivative
                  liabilities
760
747
5
741
14
Payable for
                  securities lending
1,892
1,892
—
1,892
—
Payable for
                  securities
207
207
—
—
207
Separate
                  account liabilities
40,004
43,502
16,406
21,711
1,887
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.
Statutory Financial Statements as of December 31, 2022
Page 44 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2021
Fair Value
Aggregate Fair Value
Admitted Assets/
                  Carrying Value
Level 1
Level 2
Level 3
Financial

                  Assets
Bonds
$
104,413
93,817
4,062
81,773
18,578
Common
                  stocks, unaffiliated
303
303
213
—
90
Mortgage
                  loans on real estate
17,673
17,154
—
—
17,673
Cash
                  equivalents
3,210
3,210
1,694
1,516
—
Derivative
                  assets
2,758
2,682
114
2,644
—
Securities
                  lending reinvested collateral assets
2,594
2,594
—
2,594
—
Other
                  invested assets
1,052
1,052
—
102
950
COLI
713
713
—
713
—
Separate
                  account assets
49,082
48,279
22,298
26,784
—
Financial

                  Liabilities
Deposit-type

                  contracts
$
5,056
4,577
—
—
5,056
Other
                  investment contracts
97,132
88,311
—
—
97,132
Borrowed
                  money
1,976
2,001
—
—
1,976
Derivative
                  liabilities
2,028
2,023
119
1,894
15
Payable for
                  securities lending
2,594
2,594
—
2,594
—
Payable for
                  securities
271
271
—
—
271
Separate
                  account liabilities
49,082
48,279
22,298
26,784
—
(b)
The Company does not have any assets or liabilities measured at NAV that are included in Level 2 in this table. In addition,
                    the Company has no assets or liabilities for which it is not practicable to measure at fair value.
A description of the Company's valuation techniques for financial
          instruments not reported at fair value and categorized within the fair value hierarchy is shown below:
Valuation of FHLB Stock
FHLB stock, included in Common stocks, is not traded in
          an active market and is categorized in Level 3. FHLB stock is carried at cost, which approximates fair value unless it is impaired, based on provisions within the Company's FHLB agreement that allow for return of outstanding shares of FHLB stock
          at the Company's cost basis.
Valuation of Mortgage Loans on Real Estate
The fair value of commercial mortgage loans on real
          estate is calculated by analyzing individual loans and assigning ratings to each loan based on a combination of loan-to-value ratios and debt service coverage ratios. Fair value is determined based on these factors as well as the contractual cash
          flows of each loan and the current market interest rates for similar loans. The fair value of residential mortgage loans on real estate is calculated by discounting estimated cash flows, with discount rates based on current market conditions.
Statutory Financial Statements as of December 31, 2022
Page 45 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Valuation of Cash Equivalents
Cash equivalents are comprised of money market mutual
          funds, cash equivalent bonds, and reverse repurchase agreements. The fair value of money market mutual funds and cash equivalent bonds are based on quoted market prices in active markets and included in Level 1. Reverse repurchase prices are
          provided by third-party pricing sources and included in Level 2, because the inputs used to determine fair value are market observable.
Valuation of Short-term Investments
Short-term investments are comprised of bonds due in one
          year or less at original purchase. Due to the short-term nature of these investments, the carrying value is deemed to approximate fair value. The fair value leveling of short-term investments is determined similarly as bonds as discussed above.
Valuation of Securities Lending Reinvested Collateral Assets
Collateral held from securities lending agreements is
          primarily comprised of short-term and long-term highly liquid fixed-maturity securities. Fair values are determined and classified within the fair value hierarchy in a manner consistent with the method utilized to determine the fair value of
          similar securities (fixed-income securities, equity securities, cash and cash equivalents) held within the Company's general account investment portfolio.
Valuation of Other Invested Assets
Other invested assets include surplus notes, LIHTC
          investments, limited partnership investments, loans to affiliates, and restricted stock unit (RSU) assets.
◦
Surplus notes for which prices are provided by third-party pricing sources are included in Level 3, due to the use of unobservable inputs.
◦
LIHTC investments (including the unfunded commitment asset) fair value is set equal to carrying value, as there is no observable market data
          on which to calculate fair value. Due to the use of unobservable inputs, they are categorized as Level 3.
◦
Limited partnership investments are recorded using the cost method in line with SSAP No. 48, Joint Ventures, Partnerships, and Limited
          Liability Companies, using unobservable inputs. Due to the use of unobservable inputs, they are categorized as Level 3. The Company believes the cost method approximates fair value.
◦
Loans to affiliates are carried at cost; due to the lack of an active market, the current carrying value is the only market price at which the
          transaction could be settled, the Company believes cost approximates fair value. Due to the use of unobservable inputs, they are categorized as Level 3.
◦
RSU assets are tied to the share price of Allianz SE stock but does not participate in an active market; given this, it is categorized as
          Level 2.
Valuation of COLI
The COLI policies held by the Company are carried at their respective cash surrender
          values, which approximates fair value. The cash surrender value of the policies is based on the value of the underlying assets, which are regularly priced utilizing observable inputs. The COLI asset is included within Other assets on the
          Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. At December 31, 2022 and 2021, the cash surrender value in an investment vehicle is $692 and $713, respectively, and is allocated into the following categories based
          on primary underlying investment characteristics:
2022
2021
Bonds
47.0
%
47.0
%
Stocks
17.0
%
21.0
%
Other Invested Assets
36.0
%
32.0
%
Statutory Financial Statements as of December 31, 2022
Page 46 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Valuation of Deposit-Type Contracts
Fair values of deposit-type contracts are based on
          discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit standing and a risk margin for actuarial inputs.
Valuation of Other Investment Contracts
Other investment contracts are included within Life
          policies and annuity contracts within the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Other investment contracts include certain reserves related to deferred annuities and other payout annuities that may include
          life contingencies, but do not have significant mortality risk due to substantial periods certain. Fair values are based on discounted cash flows using internal inputs, including the discount rate and consideration of the Company's own credit
          standing and a risk margin for market inputs.
Valuation of Borrowed Money
The fair value of the FHLB borrowing is calculated on a
          discounted cash flow basis. Each position includes a monthly interest rate, a maturity payment amount, and a maturity date. The interest and maturity payments are projected as of the valuation date, and the expected cash flows are discounted
          using the valuation date swap curve.
Valuation of Payable for Securities Lending
Securities lending payable is set equal the to the cash
          collateral received. Due to the short-term nature of these loans, the carrying value is deemed to approximate fair value.
Valuation of Payable for Securities
Included in Payable for securities is the LIHTC
          investments unfunded commitment liability. As there is no observable market data on which to calculate fair value of the LIHTC investment unfunded commitment asset and liability, fair value is set equal to carrying value, and the balance is
          categorized as Level 3.
Valuation of Separate Account Liabilities
The fair value of separate account liabilities
          approximates the fair value of separate account assets.
(7)    Mortgage Notes Payable
In 2004, the Company obtained an $80 mortgage loan from
          an unrelated third-party for the Company's headquarters. In 2005, the Company agreed to enter into a separate loan agreement with the same counterparty in conjunction with the construction of an addition to the Company's headquarters of $65. This
          loan was funded in 2006 and combined with the existing mortgage. As of December 31, 2022 and 2021, the combined loan had a balance of $20 and $31, respectively, and is reported within Real estate on the Statutory Statements of Admitted Assets,
          Liabilities, and Capital and Surplus. This 20 year, fully amortizing loan has an interest rate of 5.52%, with a maturity date of August 1, 2024. The level principal and interest payments are made monthly. The loan allows for prepayment; however,
          it is accompanied by a make-whole provision.
Interest expense for all loans is $1, $2, and $3, in
          2022, 2021, and 2020, respectively, and is presented in Net investment income on the Statutory Statements of Operations.
The future principal payments required under the loan are
          as follows:
2023
$
12
2024
8
2025
—
2026
—
2027
—
Thereafter
—
Total
$
20
Statutory Financial Statements as of December 31, 2022
Page 47 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(8)    Electronic Data Processing Equipment and Software (EDP)
EDP at December 31 and the changes in the balance for the years then ended
          are as follows:
2022
2021
Amortization:
Software
                  amortization
16
8
Net EDP balance, by
                  major classes of assets:
Servers,
                  computers and peripherals
—
—
Software
63
53
Net EDP
                  balance
63
53
Nonadmitted
(63)
(53)
Net admitted
                  EDP balance
$
—
—
The Company has a gross EDP asset of $67 and $55 and
          accumulated depreciation and amortization of $(4) and $(2) at December 31, 2022 and 2021, respectively. Servers, computers and peripherals are depreciated over the lesser of their useful life or three years and the net balance is nonadmitted.
          Software is amortized over the lesser of its useful life or five years. Nonoperating software is nonadmitted and operating software is admitted to the extent it meets the criteria defined in SSAP No. 16R - Electronic Data Processing Equipment and
          Software.
(9)    Income Taxes
(a)    Deferred Tax Assets and Liabilities
The components of the net DTA or net DTL are as follows:
December 31, 2022
Ordinary
Capital
Total
Total gross deferred tax assets
$
898
58
956
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
898
58
956
Deferred tax assets nonadmitted
(108)
—
(108)
Subtotal net admitted deferred tax assets
790
58
848
Deferred tax liabilities
(448)
(21)
(469)
Net admitted deferred tax assets (liabilities)
$
342
37
379
December 31, 2021
Ordinary
Capital
Total
Total gross deferred tax assets
$
998
48
1,046
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
998
48
1,046
Deferred tax assets nonadmitted
(6)
—
(6)
Subtotal net admitted deferred tax assets
992
48
1,040
Deferred tax liabilities
(536)
(17)
(553)
Net admitted deferred tax assets (liabilities)
$
456
31
487
Statutory Financial Statements as of December 31, 2022
Page 48 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Change
Ordinary
Capital
Total
Total gross deferred tax assets
$
(100)
10
(90)
Statutory valuation allowance adjustments
—
—
—
Adjusted gross deferred tax assets
(100)
10
(90)
Deferred tax assets nonadmitted
(102)
—
(102)
Subtotal net admitted deferred tax assets
(202)
10
(192)
Deferred tax liabilities
88
(4)
84
Net admitted deferred tax assets (liabilities)
$
(114)
6
(108)
The amount of admitted adjusted gross DTAs allowed under each component of SSAP No. 101 –
Income Taxes
(SSAP No. 101) as of December 31 are as follows:
December 31, 2022
Ordinary
Capital
Total
Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)
$
—
58
58
Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)
342
—
342
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
920
Lesser of 11.b.i or 11.b.ii
342
—
342
Adjusted gross DTAs offset by gross DTLs (11.c)
448
—
448
Deferred tax assets admitted
$
790
58
848
December 31, 2021
Ordinary
Capital
Total
Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)
$
—
48
48
Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)
456
—
456
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
1,533
Lesser of 11.b.i or 11.b.ii
456
—
456
Adjusted gross DTAs offset by gross DTLs (11.c)
536
—
536
Deferred tax assets admitted
$
992
48
1,040
Statutory Financial Statements as of December 31, 2022
Page 49 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Change
Ordinary
Capital
Total
Federal income taxes
                  paid in prior years recoverable through loss carrybacks (11.a)
$
—
10
10
Adjusted gross DTAs expected to be realized after application of the
                    threshold limitations
—
—
—
Lesser of 11.b.i or 11.b.ii:
—
—
—
Adjusted gross DTAs expected to be realized following the balance sheet date
                    (11.b.i.)
(114)
—
(114)
Adjusted gross DTAs allowed per limitation threshold (11.b.ii)
N/A
N/A
(613)
Lesser of 11.b.i or 11.b.ii
(114)
—
(114)
Adjusted gross DTAs offset by gross DTLs (11.c)
(88)
—
(88)
Deferred tax assets admitted
$
(202)
10
(192)
Ratios used for threshold limitation as of December 31 are as follows:
December 31
2022
2021
Change
Ratio percentage used
                  to determine recovery period and threshold limitation amount
650
%
1,082
%
(432)
%
Amount of adjusted
                  capital and surplus used to determine recovery period threshold limitation
$
6,136
10,218
(4,082)
Impact of tax planning strategies on the determination of net admitted
          adjusted gross DTAs is as follows:
December 31, 2022
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted
                    adjusted gross DTAs)
—
%
—
%
—
%
December 31, 2021
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted
                    adjusted gross DTAs)
—
%
—
%
—
%
Change
Ordinary
Capital
Total
Net admitted adjusted gross DTAs - (percentage of total net admitted adjusted
                    gross DTAs)
—
%
—
%
—
%
The Company's tax planning strategies do not include the use of reinsurance.
(b)    Unrecognized Deferred Tax Liabilities
There are no temporary differences for which DTLs are not recognized.
Statutory Financial Statements as of December 31, 2022
Page 50 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(c)    Current and Deferred Income Taxes
The significant components of income taxes incurred (i.e.
          Current income tax expense) include:
December 31
2022-2021
                  Change
2021-2020
                  Change
2022
2021
2020
Current year
                  federal tax expense (benefit) - ordinary income
$
(2)
1,091
18
(1,093)
1,073
Current year
                  foreign tax expense (benefit) - ordinary income
—
—
—
—
—
Subtotal
(2)
1,091
18
(1,093)
1,073
Current year tax
                  expense - net realized capital gains (losses)
(43)
249
—
(292)
249
Federal and
                  foreign income taxes incurred
$
(45)
1,340
18
(1,385)
1,322
DTAs and DTLs consist of the following major components:
December 31
Deferred tax assets
2022
2021
Change
Ordinary:
Unrealized
                  losses
$
3
14
(11)
Deferred
                  acquisition costs
213
186
27
Expense
                  accruals
66
82
(16)
Policyholder

                  reserves
518
701
(183)
VM-21
                  reserves
73
—
73
Foreign tax
                  credit carryforward
5
—
5
Nonadmitted
                  assets
20
15
5
Subtotal
898
998
(100)
Statutory
                  valuation allowance adjustment
—
—
—
Nonadmitted
                  ordinary deferred tax assets
(108)
(6)
(102)
Admitted
                  ordinary tax assets
790
992
(202)
Capital:
Impaired
                  assets
56
48
8
Unrealized
                  losses
2
—
2
Subtotal
58
48
10
Statutory
                  valuation allowance adjustment
—
—
—
Nonadmitted
                  capital deferred tax assets
—
—
—
Admitted
                  capital deferred tax assets
58
48
10
Admitted
                  deferred tax assets
$
848
1,040
(192)
Statutory Financial Statements as of December 31, 2022
Page 51 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
December 31
Deferred tax
                  liabilities
2022
2021
Change
Ordinary:
Investments
$
(61)
(53)
(8)
Fixed
                  assets
(4)
(4)
—
Policyholder

                  reserves
(275)
(356)
81
Software
                  capitalization
(11)
(11)
—
Unrealized
                  gains
(97)
(64)
(33)
Other
—
(48)
48
Subtotal
(448)
(536)
88
Capital:
Unrealized
                  gains
(21)
(17)
(4)
Subtotal
(21)
(17)
(4)
Deferred tax
                  liabilities
$
(469)
(553)
84
Net deferred
                  tax assets (liabilities)
$
379
487
(108)
The realization of the DTAs is dependent upon the Company's ability to
          generate sufficient taxable income in future periods. Based on historical results and the prospects for future current operations, management anticipates that it is more likely than not that future taxable income will be sufficient for the
          realization of the remaining DTAs.
The Coronavirus Aid, Relief, and Economic Security Act,
          (CARES Act of 2020) was enacted on March 27, 2020, thereby allowing net operating losses (NOLs) arising in tax years beginning after December 31, 2017, and before January 1, 2021 (e.g., NOLs incurred in 2018, 2019, or 2020 by a calendar-year
          taxpayer) to be carried back to each of the five tax years preceding the tax year of such loss.
The Inflation Reduction Act was enacted on August 16,
          2022. The Company has not determined as of December 31, 2022 if it will be subject to the Corporate Alternative Minimum Tax ("CAMT") in 2023. These financial statements do not include the estimated impact of the CAMT, because a reasonable
          estimate cannot be made.
The Company has determined that as of December 31, 2022, it will be an
          applicable corporation with respect to the CAMT in 2023.
In computing taxable income, life insurance companies are
          allowed a deduction attributable to their life insurance and accident and health reserves. The Tax Act of 2017 significantly changed the methodology by which these reserves are computed for tax purposes. The changes are effective for tax years
          beginning after 2017 and are subject to a transition rule that spreads the additional income tax liability over the subsequent eight years beginning in 2018.  Due to complexities in the new methodology and limited guidance from the Internal
          Revenue Service and U.S. Treasury, the Company has recorded provisional amounts for the deferred tax revaluation associated with the changes in the computation of life insurance tax reserves based on information available at December 31, 2017. 
          Pursuant to Interpretation of the SAP Working Group 18-01:
Updated Tax Estimates under the Tax Cuts and Jobs
          Act
, provisional tax computations related to these amounts were reasonably estimated as of December 31, 2017 and have been
          adjusted based on guidance received from Internal Revenue Service and U.S. Treasury. Adjusted amounts are reflected in the Company's results of operations for the years ended December 31, 2022, 2021, and 2020.
The Change in net deferred income tax is comprised of the
          following (this analysis is exclusive of the nonadmitted DTAs as the Change in nonadmitted assets is reported separately from the Change in net deferred income tax in the Unassigned surplus section of the Statutory Statements of Capital and
          Surplus):
Statutory Financial Statements as of December 31, 2022
Page 52 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
December 31
2022
2021
Change
Net deferred tax assets (liabilities)
$
487
493
(6)
Statutory valuation allowance adjustment
—
—
—
Net deferred tax assets (liabilities) after statutory valuation allowance
487
493
(6)
Tax effect of unrealized gains (losses)
209
149
60
Statutory valuation allowance adjustment allocated to unrealized gains
                    (losses)
—
—
—
Change in net deferred income tax
$
54
(d)    Reconciliation of Federal Income Tax Rate to
          Actual Effective Rate
The provision for federal income taxes incurred is different from that which
          would be obtained by applying the statutory federal income tax rate to income before income taxes. The significant items causing this difference are as follows:
December 31, 2022
December 31, 2021
December 31, 2020
Federal income
                  tax rate
21.0
%
21.0
%
21.0
%
Amortization
                  of IMR
(0.3)
(1.9)
(1.3)
Dividends
                  received deduction
(0.4)
(1.3)
(1.7)
Nondeductible
                  expenses
1.3
0.1
—
Affiliated LLC
                  income
(0.2)
(0.2)
(2.4)
COLI
0.1
(2.4)
(1.0)
Tax hedges
(4.5)
(6.5)
0.2
Tax hedge
                  reclassification
(15.0)
73.7
6.8
Tax credits
(2.0)
(9.6)
(7.2)
Prior period
                  adjustments
—
(1.2)
(0.6)
Change in
                  deferred taxes on impairments
(0.3)
0.6
(5.0)
Change in
                  deferred taxes on nonadmitted assets
(0.2)
(0.4)
(0.6)
Reinsurance
(1.9)
83.5
(5.5)
Correction of
                  error
—
2.0
—
NOL carryback
                  benefit
—
—
(12.2)
Tax
                  contingencies
0.4
10.6
5.5
Realized
                  capital gains tax
(1.5)
47.4
(0.1)
Other
—
(1.4)
—
Effective tax
                  rate
(3.5)
%
214.0
%
(4.1)
%
Federal and
                  foreign income taxes incurred
(0.1)
%
207.4
%
2.9
%
Realized
                  Capital Gains Tax
(1.5)
47.4
(0.1)
Change in net
                  deferred tax
(1.9)
(40.8)
(6.9)
Effective tax
                  rate
(3.5)
%
214.0
%
(4.1)
%
(e)    Carryforwards, Recoverable Taxes, and IRC
          Section 6603 Deposits
As of December 31, 2022, there are $0 operating losses
          and $5 foreign tax credit carryforwards available for tax purposes.
There are no Federal income
          taxes available for recoupment in the event of future net losses.
There are no aggregate deposits admitted under
          Section 6603 of the IRC.
The Company had tax contingencies computed in accordance
          with SSAP No. 5R, Liabilities, Contingencies and Impairment of Assets, and SSAP No. 101 as of December 31, 2022 and 2021. The Company does not believe the tax contingencies will significantly increase within the next 12 months.
The Company recognizes interest and penalties accrued
          related to unrecognized tax benefits in federal income tax expense. During the years ended December 31, 2022, 2021, and 2020 the Company recognized expenses of
Statutory Financial Statements as of December 31, 2022
Page 53 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
$7, $23, and $9 in interest and penalties, respectively.
          The Company had $40 and $32 for the unrecognized tax benefits and related accrued interest at December 31, 2022 and 2021, respectively.
(f)    Consolidated Federal Income
          Tax Return
The Company's federal income tax return is consolidated
          with AZOA. The method of allocation between the subsidiaries of AZOA is subject to written agreement, approved by the Allianz Life Board of Directors. Allocation is based upon separate return calculations with current credit for net losses.
          Intercompany tax balances are settled annually after the consolidated return is filed.
The Company is included in the consolidated group for
          which AZOA files a federal income tax return on behalf of all group members. As a member of the AZOA consolidated group, the Company is no longer subject to U.S. Federal and non-U.S. income tax examinations for years prior to 2016, though
          examinations of combined returns filed by AZOA, which include the Company, by certain U.S. state and local tax authorities, may still be conducted for 2008 and subsequent years. The Internal Revenue Service (IRS) examination of AZOA for the 2016
          and 2017 income tax returns has completed the exam phase and has been assigned to appeals for an issue related to variable annuity hedging income recognition. The IRS has also initiated an examination of AZOA's 2018-2020 income tax returns, which
          is expected to close by the end of 2023.
As of December 31, 2022, the companies included in the
          consolidated group for which AZOA files a federal income tax return are included below:
Members of Consolidated Tax Group
Allianz Life Insurance Company of North America
Allianz Life Insurance Company of Missouri
Allianz Life Insurance
                  Company of New York
Allianz Underwriters
                  Insurance Company
AZOA Services
                  Corporation
AGCS Marine Insurance
                  Company
Allianz Global Risks US
                  Insurance Company
William H. McGee &
                  Co., Inc.
Allianz Reinsurance of
                  America, Inc.
Allianz Reinsurance
                  Management Services, Inc.
Allianz Technology of
                  America, Inc.
Fireman's Fund
                  Insurance Company
Allianz Renewable
                  Energy Partners of America LLC
Fireman's Fund
                  Indemnity Corporation
Allianz Renewable
                  Energy Partners of America 2 LLC
National Surety
                  Corporation
PFP Holdings, LLC.
Chicago Insurance
                  Company
AZL PF Investments,
                  Inc.
Interstate Fire &
                  Casualty Company
Dresdner Kleinwort
                  Pfandbriefe Investments II, Inc.
American Automobile
                  Insurance Company
Allianz Fund
                  Investments, Inc.
The American Insurance
                  Company
Yorktown Financial
                  Companies, Inc.
Allianz Risk Transfer,
                  Inc.
Questar Capital
                  Corporation
Allianz Risk Transfer
                  (Bermuda), Ltd.
Questar Agency, Inc.
(10)    Accident and Health Claim Reserves
Accident and health claim reserves are based on estimates
          that are subject to uncertainty. Uncertainty regarding reserves of a given accident year is gradually reduced as new information emerges each succeeding year, thereby allowing more reliable reevaluations of such reserves. While management
          believes that reserves as of December 31, 2022 are appropriate, uncertainties in the reserving process could cause reserves to develop favorably or unfavorably in the near term as new or additional information emerges. Any adjustments to reserves
          are reflected in the operating results of the periods in which they are made. Movements in reserves could significantly impact the Company's future reported earnings.
Statutory Financial Statements as of December 31, 2022
Page 54 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
Activity in the accident and health claim reserves is summarized as
          follows:
2022
2021
2020
Balance at
                  January 1, net of reinsurance recoverables of $734, $665, and $654, respectively
$
385
337
335
Incurred related to:
Current
                  year
201
189
139
Prior
                  years
(39)
(47)
(46)
Total
                  incurred
162
142
93
Paid related to:
Current
                  year
11
10
7
Prior
                  years
99
84
84
Total paid
110
94
91
Balance at
                  December 31, net of reinsurance recoverables of $845, $734, and $665, respectively
$
437
385
337
Prior year incurred claim reserves for 2022, 2021 and
          2020 were favorable as a result of re-estimation of unpaid claims and claim adjustment expenses, principally on the individual LTC line of business.
Statutory Financial Statements as of December 31, 2022
Page 55 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(11)    Reinsurance
The Company primarily enters into reinsurance agreements
          to manage risk resulting from its life, annuity, and accident and health businesses, as well as businesses the Company has chosen to exit. In the normal course of business, the Company seeks to limit its exposure to loss by ceding risks under
          yearly renewal term, coinsurance, and modified coinsurance.
The Company monitors the financial exposure and financial
          strength of the reinsurers on an ongoing basis. The Company attempts to mitigate risk by securing recoverable balances with various forms of collateral, including arranging trust accounts and letters of credit with certain reinsurers.
The effect of reinsurance on reserves, deposit-type
          contracts, and claims, for amounts recoverable from other insurers, was as follows:
For the years ended December 31,
Reduction in:
2022
2021
Aggregate
                  reserves
$
17,122
16,141
Deposit-type

                  contracts
257
132
Policy and
                  contract claims
33
28
Reinsurance reserves, recoverables, and receivables at
          December 31, 2022 and 2021, are covered by collateral of $12,894 and $14,731, respectively, in addition to the letter of credit on behalf of AZMO, as noted in Note 2.
Life insurance, annuities, and accident and health business assumed from and
          ceded to other companies are as follows:
Year ended
Direct amount
Ceded to other companies
Assumed from other companies
Net amount
December 31, 2022
Life
                  insurance in-force
$
80,796
48,002
41
32,835
Premiums:
Life
1,537
94
—
1,443
Annuities
13,438
762
—
12,676
Accident
                  and health
170
71
70
169
Total
                  premiums
$
15,145
927
70
14,288
December 31, 2021
Life
                  insurance in-force
$
65,088
41,500
50
23,638
Premiums:
Life
1,453
94
1
1,360
Annuities
13,226
623
—
12,603
Accident
                  and health
168
68
62
162
Total
                  premiums
$
14,847
785
63
14,125
December 31, 2020
Life
                  insurance in-force
$
53,399
34,345
54
19,108
Premiums:
Life
1,200
88
1
1,113
Annuities
9,473
398
—
9,075
Accident
                  and health
170
68
56
158
Total
                  premiums
$
10,843
554
57
10,346
The Company holds securities backing term life and
          universal life with secondary guarantees ceded reserves in compliance with Actuarial Guideline 48. As of both December 31, 2022 and 2021, the Company had 8 reinsurance
Statutory Financial Statements as of December 31, 2022
Page 56 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
contracts in which risks under covered policies have been
          ceded. The Company held primary securities in an amount at least equal to the required level of primary securities for all of these contracts.
There are no nonaffiliated reinsurers owned in excess of
          10% or controlled, either directly or indirectly, by the Company or by a representative, officer, trustee, or director of the Company.
There are no policies issued by the Company that have
          been reinsured with a company chartered in a country other than the United States that is owned in excess of 10% or controlled directly or indirectly by an insured, a beneficiary, a creditor, or any other person not primarily engaged in the
          insurance business.
The Company does not have any reinsurance agreements in
          effect under which the reinsurer may unilaterally cancel any reinsurance for reasons other than for nonpayment of premium or other similar credits.
The Company does not have reinsurance agreements in
          effect such that the amount of losses paid or accrued through the statement date may result in a payment to the reinsurer of amounts that, in aggregate and allowing for offset of mutual credits from other reinsurance agreements with the same
          reinsurer, exceed the total direct premium collected under the reinsured policies.
The Company did not write off any uncollectible
          recoverables during 2022, 2021, or 2020.
The Company executed or amended the following agreements during the current year, that
          included policies or contracts that were in force as of the effective date of the agreement:
Effective June 30, 2022, the Company amended and restated a reinsurance agreement with
          Hannover Life Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $4 of reserve credit as of the effective date.
Effective June 30, 2022, the Company amended and restated a reinsurance agreement with Hannover Life
          Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $3 of reserve credit as of the effective date.
Effective June 30, 2022, the Company amended and restated a reinsurance
          agreement with Hannover Life Reinsurance Company of America, that covers certain in force fixed annuity policies and resulted in $65 of reserve credit as of the effective date.
Effective July 1, 2022, the Company amended and restated a reinsurance
          agreement with RGA Reinsurance Company that covers certain in force fixed annuity policies. This resulted in $1,125 of reserve credit as of the effective date.
Statutory Financial Statements as of December 31, 2022
Page 57 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(12)    Annuity Actuarial Reserves and Deposit Liabilities by Withdrawal Characteristics
Information regarding the Company's annuity actuarial reserves and deposit
          liabilities by withdrawal characteristics at December 31 is as follows:
2022
Percentage of total
2021
Percentage of total
Subject to
                  discretionary withdrawal:
With
                  market value adjustment
$
54,155
37
%
$
48,992
33
%
At book
                  value less current surrender charges of 5% or more
34,062
23
37,866
25
At market
                  value
15,629
10
20,998
13
Total with
                  adjustment or at market value
103,846
70
107,856
71
At book
                  value without adjustment (minimal or no charge or adjustment)
34,870
24
33,967
23
Not
                  subject to discretionary withdrawal
8,187
6
7,380
5
Total
                  gross
146,903
100
%
149,203
100
%
Reinsurance ceded
12,936
11,960
Total net
$
133,967
$
137,243
Amount included in At
                  book value less current charges of 5% or more that will move to At book value without adjustment in the year after the statement date:
$
3,376
$
2,798
Reconciliation of total annuity actuarial
                  reserves and deposit fund liabilities:
2022
2021
Life, Accident and
                  Health Annual Statement:
Annuities,
                  net (excluding supplementary contracts with life contingencies)
$
89,017
88,413
Supplemental

                  contracts with life contingencies, net
2,036
2,083
Deposit-type

                  contracts
4,233
4,577
Subtotal
95,286
95,073
Separate Accounts
                  Annual Statement:
Annuities,
                  net (excluding supplementary contracts with life contingencies)
38,667
42,155
Supplemental

                  contracts with life contingencies, net
14
15
Subtotal
38,681
42,170
Total
                  annuity actuarial reserves and deposit fund liabilities
$
133,967
137,243
Statutory Financial Statements as of December 31, 2022
Page 58 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(13)    Life Actuarial Reserves by Withdrawal Characteristics
Information regarding the Company's life actuarial
          reserves by withdrawal characteristics at December 31 is as follows:
2022
General Account
Account value
Cash value
Reserve
Subject to discretionary withdrawal, surrender values, or policy loans:
Universal
                  life
$
786
785
791
Universal
                  life with secondary guarantees
58
53
140
Indexed
                  life
7,857
6,824
6,859
Other
                  permanent cash value life insurance
97
97
97
Variable
                  universal life
2
2
2
Not subject to
                  discretionary withdrawal or no cash values:
Term
                  policies without cash value
XXX
XXX
198
Disability,
                  active lives
XXX
XXX
49
Disability,
                  disabled lives
XXX
XXX
5
Miscellaneous

                  reserves
XXX
XXX
40
Total gross
8,800
7,761
8,181
Reinsurance
                  ceded
587
587
848
Total net
$
8,213
7,174
7,333
2021
General Account
Account value
Cash value
Reserve
Subject to
                  discretionary withdrawal, surrender values, or policy loans:
Universal
                  life
$
817
816
822
Universal life with secondary
                  guarantees
59
53
144
Indexed
                  life
6,871
5,945
5,989
Other permanent cash value life
                  insurance
105
105
105
Variable
                  universal life
2
2
2
Not subject to discretionary withdrawal
                  or no cash values:
Term
                  policies without cash value
XXX
XXX
199
Disability, active lives
XXX
XXX
49
Disability,
                  disabled lives
XXX
XXX
6
Miscellaneous reserves
XXX
XXX
46
Total gross
7,854
6,921
7,362
Reinsurance ceded
616
616
878
Total net
$
7,238
6,305
6,484
The Company does not have any life policies
                  with guarantees in the separate account.
Statutory Financial Statements as of December 31, 2022
Page 59 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2022
Separate Account
                  Nonguaranteed
Account value
Cash value
Reserve
Subject to
                  discretionary withdrawal, surrender values, or policy loans:
Variable
                  universal life
$
16
16
16
Total gross
16
16
16
Reinsurance
                  ceded
—
—
—
Total net
$
16
16
16
2021
Separate Account
                  Nonguaranteed
Account Value
Cash Value
Reserve
Subject to discretionary withdrawal, surrender values, or policy loans:
Variable
                  universal life
$
21
21
21
Total gross
21
21
21
Reinsurance
                  ceded
—
—
—
Total net
$
21
21
21
Reconciliation of total life actuarial reserves:
2022
2021
Life,
                  Accident, and Health Annual Statement:
Life
                  insurance, net
$
7,263
$
6,412
Disability,
                  active lives, net
47
47
Disability,
                  disabled lives, net
1
1
Miscellaneous

                  reserves, net
22
24
Subtotal
7,333
6,484
Separate
                  Accounts Annual Statement:
Life
                  insurance, net
16
21
Subtotal
16
21
Total life
                  actuarial reserves
$
7,349
$
6,505
(14)
Separate Accounts
The Company's separate accounts represent funds held for
          the benefit of contract holders entitled to payments under variable annuity contracts, variable life policies and market value adjusted annuity contracts issued through the Company's separate accounts and underwritten by the Company. As of
          December 31, 2022 and 2021, the Company's separate accounts are classified as nonguaranteed. Information regarding the Company's separate accounts for the years ended December 31 is as follows:
Statutory Financial Statements as of December 31, 2022
Page 60 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
2022
2021
Premiums,
                  considerations, or deposits
$
4,839
5,927
Reserves:
Reserves for
                  accounts with assets at fair value
15,788
21,209
Reserves for
                  accounts with assets at amortized cost
22,909
20,982
Total
                  reserves
$
38,697
42,191
By withdrawal
                  characteristics:
At book
                  value without MV adjustment and with current surrender charge of 5% or more
$
19,533
18,665
At fair
                  value
15,753
21,166
At book
                  value without MV adjustment and with current surrender charge of less than 5%
3,382
2,326
Subtotal
38,668
42,157
Not
                  subject to discretionary withdrawal
29
34
Total
$
38,697
42,191
As of December 31, 2022 and 2021, the Company's separate
          accounts included legally insulated assets and non-insulated assets attributed to the following products/transactions:
2022
2021
Product/transaction
Legally insulated
Not legally insulated
Legally insulated
Not legally insulated
Variable Annuities
$
15,624
—
21,158
—
Variable Life
16
—
21
—
Variable Annuities
                  (Non-Unitized Insulated)
411
—
524
—
Variable Annuities
                  (Non-Unitized Non-Insulated)
—
27,420
—
26,548
Variable Annuities (MN
                  MVA)
—
31
—
28
Total
$
16,051
27,451
21,703
26,576
The Company's separate account liabilities contain
          guaranteed benefits. The liabilities for guaranteed benefits are supported by the Company's general account assets. To compensate the general account for the risk taken, the separate account paid risk charges of $163, $171, $180, $204, and $212
          during the past five years, respectively. The general account of the Company paid $59, $4, $19, $16, and $5 towards separate account guarantees during the past five years, respectively.
As of December 31, 2022, the Company has lent assets with
          a carrying value of $1,399 and with a fair market value of $1,149. The Company lends the securities and the borrower provides cash collateral and short term securities to support the loan. The aggregate amount of collateral received was $1,179,
          which was comprised of $1,059 of cash collateral and $120 of non-cash collateral. The Company's separate account securities lending program is the same as the general account program.
Statutory Financial Statements as of December 31, 2022
Page 61 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
A reconciliation of net transfers to (from) separate
          accounts for the years ended December 31 is included in the following table:
2022
2021
2020
Transfers as
                  reported in the Summary of Operations of the Separate Accounts Annual Statement:
Transfers
                  to separate accounts
$
4,839
5,927
4,149
Transfers
                  from separate accounts
(3,106)
(3,507)
(2,689)
Net transfers
                  to separate accounts
1,733
2,420
1,460
Reconciling
                  adjustments:
Other
                  adjustments
(1)
4
—
Transfers as reported
                  in the Statutory Statements of Operations
$
1,732
2,424
1,460
(15)
Related-Party Transactions
(a)     Organization Changes
The Company legally dissolved and terminated its
          subsidiary, Allianz Annuity Company of Missouri (AAMO), by voluntary action on February 24, 2020. Upon termination, AAMO paid an insignificant dividend to the Company.
On July 1 2020, American Financial Marketing, LLC, Ann
          Arbor Annuity Exchange, LLC, GamePlan Financial Marketing, LLC, and The Annuity Store Financial & Insurance Services, LLC, all of which are wholly owned subsidiaries of TruChoice Financial Group, LLC (TruChoice), which is a wholly owned
          subsidiary of AIIG, which was a wholly owned subsidiary of the Company, merged into TruChoice. TruChoice was the surviving entity.
Allianz Investment Management U.S. LLC, a Minnesota
          limited company was formed on October 11, 2020. Allianz Life is its direct parent.
On January 1, 2021, the Company formed Allianz Strategic
          Investments (ASI), a non-insurance subsidiary. ASI's sole operations are investment activities associated with direct equity holdings performed in coordination with Allianz Life. Allianz Life has made various capital contributions into ASI in the
          form of preferred and common stock investments as indicated in the table below in 15(e) on page 63.
The company legally dissolved and terminated its
          subsidiary Questar Asset Management (QAM) on September 30, 2021. Upon termination, QAM paid a dividend to Yorktown. Yorktown subsequently paid a dividend to the Company as indicated in the table below in 15(e) on page 63.
On November 30, 2022, the Company sold Allianz Individual
          Insurance Group (AIIG) and its wholly-owned subsidiaries, TruChoice Financial Group, LLC and Inforce Solutions, LLC.
(b)    Related-Party Invested Assets
The Company has an agreement to lend AZOA $39. The
          remaining loan balance was $30 and $30 as of December 31, 2022 and 2021, respectively, and is included in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. Repayment of this loan began in
          2021 and has a final maturity date of August 30, 2023. The interest rate is a fixed rate of 0.34%. Interest income earned and accrued had an immaterial impact to the Company during 2022, 2021, and 2020, respectively.
The Company invests in limited partnerships that are
          managed by its affiliate Pacific Investment Management Company (PIMCO). The total committed capital for the limited partnerships is $223 of which $91 and $63 is unfunded as of December 31, 2022 and 2021, respectively. As of December 31, 2022 and
          2021, the fair value of the investment is $143 and $64 respectively, and is recorded in Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
Statutory Financial Statements as of December 31, 2022
Page 62 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
The Company has a seed money investment in exchange traded funds that are
          managed by a related party, PIMCO, with reported balances of $31 and $33 as of December 31, 2022 and 2021, respectively, within Other invested assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. There is
          no additional commitment related to these investments.
The Company invests in bonds that are managed by a
          related party, PIMCO. The Company's committed capital for the PIMCO bonds was $1,260 and $360 as of December 31, 2022 and 2021, respectively, of which $488 and $186 was unfunded as of December 31, 2022 and 2021, respectively. The Company reported
          balances of $725 and $174 as of December 31, 2022 and 2021, respectively, related to the PIMCO bonds within Bonds on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company has a seed money investment in exchange traded funds that are managed by a
          related party, AIM. The Company reported a balance of $57 and $71 as of December 31, 2022 and 2021 related to the seed money investment within Stocks on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus. There is
          no additional commitment related to these investments.
(c)     Service
          Fees
The Company incurred fees for services provided by
          affiliated companies of $205, $194, and $183 in 2022, 2021, and 2020, respectively. The Company's liability for these expenses was $32 and $50 at December 31, 2022 and 2021, respectively, and is included in Other liabilities on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company earned revenues for various services provided
          to affiliated companies and subsidiaries of $80, $71, and $59 in 2022, 2021, and 2020, respectively. The receivable for these revenues was $6 and $7 as of December 31, 2022 and 2021, respectively, and is included in Other assets on the Statutory
          Statements of Admitted Assets, Liabilities, and Capital and Surplus. In the normal course of business, the outstanding amount is settled in cash.
The Company has agreements with its affiliates PIMCO,
          Oppenheimer Capital LLC (OpCap), and with certain other related parties whereby (1) specific investment options managed by PIMCO and OpCap are made available through the Company's separate accounts to holders of the Company's variable annuity
          products, and (2) the Company receives compensation for providing administrative and recordkeeping services relating to the investment options managed by PIMCO and OpCap. Income recognized by the Company from these affiliates for distribution and
          in-force related costs as a result of providing investment options to the contractholders was $5, $7, and $7 during 2022, 2021, and 2020, respectively, which is included in Fees from separate accounts on the Statutory Statements of Operations. At
          December 31, 2022 and 2021, $0 and $1, respectively, were included for related receivables of these fees in Other assets on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company has incurred commission expense related to
          the distribution of variable annuity products from Allianz Life Financial Services, LLC (ALFS) in the amount of $372, $427, and $320 for the years ended December 31, 2022, 2021, and 2020, respectively. The Company has an agreement with ALFS,
          whereby interest receivable is assigned to the company and 12b-1 fee receivables are assigned to the Company and AZNY. The Company has also agreed with AZNY to share in reimbursing ALFS for direct and indirect expenses incurred in performing
          services for the Company and AZNY. In the event that assigned receivables exceed expenses, ALFS records a dividend-in-kind to the Company and a loss on the transaction with AZNY. The Company recorded a net (expense) revenue from this agreement of
          $(42), $(42), and $(20) for the years ended December 31, 2022, 2021, and 2020, respectively.
(d)     Dividends
          to Parent
The Company paid cash dividends to AZOA of $4,100, $900,
          and $750 in 2022, 2021, and 2020, respectively. Based on the ordinary dividend limitations set forth under Minnesota Insurance Law, the dividends paid in 2022, 2021, and 2020 were considered extraordinary.
Statutory Financial Statements as of December 31, 2022
Page 63 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
(e)     Capital
          Contributions and Dividends with Subsidiaries
During the years ended December 31, the Company received
          dividends from its subsidiaries as follows:
2022
2021
2020
Allianz Investment
                  Management, LLC
$
47
41
51
AZL PF Investments,
                  Inc.
30
—
50
AIIG
5
4
—
Total
$
82
45
101
During the years ended December 31, the Company made
          capital contributions to subsidiaries as follows:
2022
2021
2020
AZNY
$
30
—
—
Allianz Investment
                  Management U.S. LLC (AIM US)
—
8
1
ALFS
42
48
20
ASI
$
13
66
—
Total
$
85
122
21
(f)     Reinsurance
The Company wholly-owns AZMO, a Special Purpose Life
          Reinsurance Captive Insurance Company domiciled in Missouri. The Company cedes to AZMO, and AZMO provides reinsurance on a coinsurance basis and modified coinsurance basis, a 100% quota share of the Company's net liability of level term life
          insurance policies and certain universal life insurance policies written directly by the Company. The total premium and associated reserve amounts ceded from the Company to AZMO for the years ended December 31, 2022, 2021, and 2020 were $3, $2,
          and $3, respectively. The Company recorded a ceding commission of $1 for 2022, 2021, and 2020, respectively. In addition, the Company recorded a deferred gain of $97 upon execution of the reinsurance agreement in 2009, of which $3, $3 and $2 was
          amortized in 2022, 2021, and 2020, respectively, and included in Commissions and expense allowances on reinsurance ceded on the Statutory Statements of Operations.
The Company has reinsurance recoverables and receivables
          related to reinsurance agreements with affiliated entities. Total affiliated reinsurance recoverables and receivables were $1 and $3 as of December 31, 2022 and 2021, respectively, and are included in Other assets on the Statutory Statements of
          Admitted Assets, Liabilities, and Capital and Surplus.
(g)     Line of Credit Agreement
The Company has a line of credit agreement with its
          subsidiary, AZNY, to provide liquidity, as needed. The Company's lending capacity under the agreement is limited to 5% of the general account admitted assets of AZNY as of the preceding year end. The Company provided $30 to AZNY under the terms
          of this agreement on May 10, 2022. The full amount was repaid on June 29, 2022. There was no outstanding balance under the line of credit agreement as of December 31, 2022 and 2021.
(16)    Employee Benefit Plans
The Company participates in the Allianz Asset
          Accumulation Plan (AAAP), a defined contribution plan sponsored by Allianz of America Corporation (AZOAC). Eligible employees are immediately enrolled in the AAAP on their first day of employment. The AAAP will accept participants' pretax, Roth
          401(k), and/or after-tax contributions up to 80% of the participants' eligible compensation, although contributions remain subject to annual limitations set by the Internal Revenue Service. The Company matches up to a maximum of 7.5% of the
          employees' eligible compensation. Participants are 100% vested in the Company's matching contribution after three years of service.
The AAAP administration expenses and the trust fund,
          including trustee fees, investment manager fees, and audit fees, are payable from the trust fund but may, at the Company's discretion, be paid by the Company. All legal fees are paid
Statutory Financial Statements as of December 31, 2022
Page 64 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
by the Company. It is the Company's policy to fund the
          AAAP costs as incurred. The Company has expensed $15, $13, and $13 in 2022, 2021, and 2020, respectively, toward the AAAP matching contributions and administration expenses.
A defined group of highly compensated employees is
          eligible to participate in the AZOAC Deferred Compensation Plan. The purpose of the plan is to provide tax planning opportunities, as well as supplemental funds upon retirement. The plan is unfunded, meaning no assets of the Company have been
          segregated or defined to represent the liability for accrued assets under the plan. Employees are 100% vested upon enrollment in the plan for funds they have deferred. Employees' funds are invested on a pay period basis and are immediately
          vested. Participants and the Company share the administrative fee. The accrued liability of $69 and $75 as of December 31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities,
          and Capital and Surplus.
The Company sponsors a nonqualified deferred
          compensation plan for a defined group of agents. The Company can make discretionary contributions to the plan in the form and manner the Company determines reasonable. Discretionary contributions are currently determined based on production. The
          accrued liability of $50 and $65 as of December 31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted Assets, Liabilities, and Capital and Surplus.
The Company participates in a stock-based compensation
          plan sponsored by Allianz SE, which awards certain employees Restricted Stock Units (RSU) that are tied to Allianz SE stock. Allianz SE determines the number of RSU granted to each participant. The Company records expense equal to the change in
          fair value of the units during the reporting period, which includes the Company's estimate of the number of awards expected to be forfeited. A change in value of $8, $8, and $5 was recorded in 2022, 2021, and 2020, respectively, and is included
          in General and administrative expenses on the Statutory Statements of Operations. The related liability of $21 and $18 as of December 31, 2022 and 2021, respectively, is recorded in Other liabilities on the Statutory Statements of Admitted
          Assets, Liabilities, and Capital and Surplus.
(17)
Statutory Capital and Surplus
Statutory accounting practices prescribed or permitted by
          the Company's state of domicile are directed toward insurer solvency and protection of policyholders. As such, the Company is required to meet minimum statutory capital and surplus requirements. The Company's statutory capital and surplus as of
          December 31, 2022 and 2021, were in compliance with these requirements. The maximum amount of ordinary dividends that can be paid by Minnesota insurance companies to the stockholder without prior approval of the Department is subject to
          restrictions relating to statutory earned surplus, also known as unassigned funds. Unassigned funds are determined in accordance with the accounting procedures and practices governing preparation of the statutory annual statement. In accordance
          with Minnesota Statutes, the Company may declare and pay from its Unassigned surplus cash dividends of not more than the greater of 10% of its prior year-end statutory surplus, or the net gain from operations before net realized capital gain of
          the insurer for the 12-month period ending the 31st day of the next preceding year. Based on these limitations, ordinary dividends of $2,833 can be paid in 2023 without prior approval of the Department.
Regulatory Risk-Based Capital
An insurance enterprise's state of domicile imposes
          minimum risk-based capital requirements that were developed by the NAIC. The formulas for determining the amount of risk-based capital specify various weighting factors that are applied to financial balances or various levels of activity based on
          the perceived degree of risk. Regulatory compliance is determined by a ratio of an enterprise's regulatory total adjusted capital to its authorized control level risk-based capital, as defined by the NAIC. Companies below specific trigger points
          or ratios are classified within certain levels, each of which requires specified corrective action. This ratio for the Company significantly exceeds required minimum thresholds as of December 31, 2022 and 2021.
(18)    Direct Premiums Written by Third-Party Administrators
The Company has direct premiums written by third-party
          administrators (TPAs). The types of business written by the TPAs include life, accidental death and dismemberment, medical, disability, excess risk, and LTC. The authority granted to the TPAs includes binding authority, claims payment, claims
          adjustment, underwriting, and premium
Statutory Financial Statements as of December 31, 2022
Page 65 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
collection. Total premiums written by TPAs were $204,
          $136, and $148 for 2022, 2021, and 2020, respectively. For the years ended December 31, 2022, 2021, and 2020, there were no individual TPAs that wrote premiums that equaled at least 5% of the capital and surplus of the Company.
(19)
Capital Structure
The Company is authorized to issue three types of capital stock, as outlined
          in the table below:
Authorized
Issued and outstanding
Par value, per share
Redemption and liquidation rights
Common stock
40,000,000
20,000,001
$
1.00
None
Preferred stock:
Class A
                  (consisting of Series A and B below)
200,000,000
18,903,484
$
1.00
Designated by
                  Board for each series issued
Class A, Series
                  A
8,909,195
8,909,195
$
1.00
$35.02 per
                  share plus an amount to yield a compounded annual return of 6%, after actual dividends paid
Class A, Series
                  B
10,000,000
9,994,289
$
1.00
$35.02 per
                  share plus an amount to yield a compounded annual return of 6%, after actual dividends paid
Class B
400,000,000
—
$
1.00
Designated by
                  Board for each series issued
Holders of Class A preferred stock and of common stock
          are entitled to one vote per share with respect to all matters presented to or subject to the vote of shareholders. Holders of Class B preferred stock have no voting rights. All issued and outstanding shares are owned by AZOA. See Note 1 for
          further discussion.
Each share of Class A preferred stock is convertible into
          one share of the Company's common stock. The Company may redeem any or all of the Class A preferred stock at any time. Dividends will be paid to each class of stock only when declared by the BOD. In the event a dividend is declared, dividends
          must be paid to holders of Class A preferred stock, Class B preferred stock, and common stock, each in that order.
As discussed in Note 15 to these Statutory Financial
          Statements, the Company carried out various capital transactions with related parties during 2022, 2021, and 2020.
(20)
Reconciliation to the Annual Statement
The Company is required to file an Annual Statement with
          the Department. As of December 31, 2022 and 2021, there is no difference in admitted assets or liabilities between this report and the Annual Statement. As of December 31, 2022, 2021, and 2020, there is no difference in capital and surplus or net
          income between this report and the Annual Statement.
(21)    Commitments and Contingencies
The Company and its subsidiaries are named as defendants
          in various pending or threatened legal proceedings on an ongoing basis, arising from the conduct of business, including three putative class action proceedings: Sanchez v. Allianz Life Ins. Co. of North America (Superior Court of California, L.A.
          County, BC594715), Small v. Allianz Life Ins. Co. of North America (United Stated District Court, Central District of California, Case No. 2:20-cv-01944-AB (KESx), and Small v Allianz Life Ins. Co. of North America (Superior Court of California,
          L.A. County, 22STCV17838). The Sanchez case was certified as a class; and the parties settled the matter and the settlement has been granted final approval by the Court. The two Small cases are related and have not been certified as class
          actions. The Company generally intends to vigorously contest the lawsuits, but may pursue settlement negotiations in some cases, if appropriate. The outcome of the cases is uncertain at this time, and there can be no assurance that such
Statutory Financial Statements as of December 31, 2022
Page 66 of 67
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
Notes to Statutory Financial Statements
(Dollars in millions, except share data and security holdings quantities)
litigation, or any future litigation, will not have a
          material adverse effect on the Company and/or its subsidiaries. The Company recognizes legal costs as incurred.
The Company is contingently liable for possible future
          assessments under regulatory requirements pertaining to insolvencies and impairments of unaffiliated insurance companies. Provision has been made for assessments currently received and assessments anticipated for known insolvencies.
The financial services industry, variable and fixed
          annuities, life insurance, distribution companies, and broker-dealers, is subject to close scrutiny by regulators, legislators, and the media.
Federal and state regulators, such as state insurance
          departments, state securities departments, the SEC, the Financial Industry Regulatory Authority, the Internal Revenue Service, and other regulatory bodies regularly make inquiries and conduct examinations or investigations concerning various
          selling practices, including suitability reviews, product exchanges, sales to seniors, and compliance with, among other things, insurance and securities law. The Company is and may become subject to ongoing market conduct examinations and
          investigations by regulators, which may have a material adverse effect on the Company.
It can be expected that annuity and life product designs,
          management, and sales practices will be an ongoing source of regulatory scrutiny and enforcement actions, litigation, and rulemaking.
These matters could result in legal precedents and new
          industry-wide legislation, rules, and regulations that could significantly affect the financial services industry, including life insurance and annuity companies. It is unclear at this time whether any such litigation or regulatory actions will
          have a material adverse effect on the Company in the future.
Certain guarantees of the Company provide for the
          maintenance of a subsidiary's regulatory capital, surplus levels and liquidity sufficient to meet certain obligations. Those unlimited guarantees are made on behalf of certain wholly owned subsidiaries (AZNY, AZMO, ALFS and Questar Capital
          Corporation, through its parent, Yorktown). These guarantees are not limited and cannot be estimated as of the balance sheet date. From time to time, the Company makes capital contributions to these subsidiaries as needed under the guarantees.
          Capital contributions made during the years ended December 31, 2022, 2021, and 2020 are detailed in Note 15.
The Company had investments in limited partnerships that
          required a commitment of capital of $446 and $274 for the years ended December 31, 2022 and 2021, respectively. The Company had commitments to fund private placement investments of $1,889 and $612 as of December 31, 2022 and 2021, respectively.
(22)    Subsequent Events
The Company has evaluated subsequent events through April
          7, 2023, which is the date the Statutory Financial Statements were available to be issued. No material subsequent events have occurred since December 31, 2022 that require adjustment to the Statutory Financial Statements.
In March 2023, the Company made a capital contribution
          of $30 to Allianz Life Insurance Company of New York and paid a cash dividend of $175 to AZOA.
Statutory Financial Statements as of December 31, 2022
Page 67 of 67
For Service or More Information
The Form N-4 Statement of Additional Information (SAI) contains additional information about the Contract, Allianz
                  Life, and the Separate Account. The SAI is dated the same date as this prospectus, and the SAI is incorporated by reference into this prospectus. This prospectus and the SAI can be found online at allianzlife.com/prospectuses. You can
                  also request this information at no cost by calling (800) 624-0197, or by sending an email request to contact.us@allianzlife.com.
The SEC maintains a website sec.gov. The prospectus, the Form N-4 SAI and other information about the Contract are
                  available on the EDGAR database on the SEC's website. Copies of this information may be obtained, upon payment of a duplicating fee, by electronic request at the following email address: publicinfo@sec.gov.
Our Service Center
If you need customer service (for Contract changes, information on Contract Values, requesting a withdrawal or
                  transfer, changing your allocation instructions, etc.) please contact our Service Center at
(800) 624-0197
.
To send applications, and/or a check for an additional Purchase Payment, or for general customer service, please mail
                  to the appropriate address as follows:
To send applications, and/or a check for an additional Purchase Payment,
or for general customer service, please mail to the appropriate address as follows:
REGULAR MAIL
Allianz Life Insurance Company of North America
P.O. Box 59060
Minneapolis MN 55459-0060
OVERNIGHT, CERTIFIED, OR REGISTERED MAIL
Allianz Life Insurance Company of North America
5701 Golden Hills Drive
Minneapolis MN 55416-1297
Checks sent to the wrong address for applications or
                              additional Purchase Payments are forwarded to the 5701
Golden Hills Drive address listed above, which may
                              delay processing.
For general customer service by email, please use this address: contact.us@allianzlife.com. To send information by
                  email, please use this address: variableannuity@send.allianzlife.com. To send information over the web, please upload to your account on our website at: allianzlife.com. If you have questions about whether you can submit certain
                  information by email or over the web, please contact our Service Center.
Until May 1, 2024, all dealers that effect transactions in these securities may be required to deliver a prospectus.
EDGAR Contract ID No.: C000241317
Allianz Index Advantage+ NF
SM
Variable Annuity Prospectus – October 23, 2023
Back Cover
PART II - INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 13.  OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION.
Securities and Exchange Commission Registration Fee
$ 150,785
--------------
Estimated Printing and Filing Costs:
$   30,000
--------------
Estimated Accounting Fees:
$    75,000
---------------
Estimated Legal Fees:
$        N/A
---------------
Estimated Miscellaneous Fees:
$        N/A
---------------
ITEM 14.  INDEMNIFICATION OF OFFICERS AND DIRECTORS.
The Bylaws of the Insurance Company provide:
ARTICLE XI. INDEMNIFICATION OF DIRECTORS, OFFICERS AND EMPLOYEES
SECTION 1. RIGHT TO INDEMNIFICATION:
(a)
Subject to the conditions of this Article and any conditions or limitations imposed by applicable law, the Corporation shall indemnify any employee, director or officer of the
              Corporation (an "Indemnified Person") who was, is, or in the sole opinion of the Corporation, may reasonably become a party to or otherwise involved in any Proceeding by reason of the fact that such Indemnified Person is or was:
(i)
a director of the Corporation; or
(ii)
acting in the course and scope of his or her duties as an officer or employee of the Corporation; or
(iii)
rendering Professional Services at the request of and for the benefit of the Corporation; or
(iv)
serving at the request of the Corporation as an officer, director, fiduciary or member of another corporation, association, committee, partnership, joint venture, trust, employee
              benefit plan or other enterprise (an "Outside Organization").
(b)
Notwithstanding the foregoing, no officer, director or employee shall be indemnified pursuant to these bylaws under the following circumstances:
(i)
in connection with a Proceeding initiated by such person, in his or her own personal capacity, unless such initiation was authorized by the Board of Directors;
(ii)
if a court of competent jurisdiction finally determines that any indemnification hereunder is unlawful;
(iii)
for acts or omissions involving intentional misconduct or knowing and culpable violation of law;
(iv)
for acts or omissions that the Indemnified Person believes to be contrary to the best interests of the Corporation or its shareholders or that involve the absence of good faith on the
              part of the Indemnified Person;
(v)
for any transaction for which the Indemnified Person derived an improper personal benefit;
(vi)
for acts or omissions that show a reckless disregard for the Indemnified Person's duty to the Corporation or its shareholders in circumstances in which the Indemnified Person was
              aware or should have been aware, in the ordinary course of performing the Indemnified Person's duties, of the risk of serious injury to the Corporation or its shareholders;
(vii)
for acts or omissions that constitute an unexcused pattern of inattention that amounts to an abdication of the Indemnified Person's duties to the Corporation or its shareholders;
(viii)
in circumstances where indemnification is prohibited by applicable law;
(ix)
in the case of service as an officer, director, fiduciary or member of an Outside Organization, where the Indemnified Person was aware or should have been aware that the conduct in
              question was outside the scope of the assignment as contemplated by the Corporation.
SECTION 2. SCOPE OF INDEMNIFICATION:
(a)
Indemnification provided pursuant to Section 1(a)(iv) shall be secondary and subordinate to indemnification or insurance provided to an Indemnified Person by an Outside Organization
              or other source, if any.
(b)
Indemnification shall apply to all reasonable expenses, liability and losses, actually incurred or suffered by an Indemnified Person in connection with a Proceeding, including without
              limitation, attorneys' fees and any expenses of establishing a right to indemnification or advancement under this article, judgments, fines, ERISA excise taxes or penalties, amounts paid or to be paid in settlement and all interest,
              assessments and other charges paid or payable in connection with or in respect of such expense, liability and loss.
(c)
Such indemnification shall continue as to any Indemnified Person who has ceased to be an employee, director or officer of the Corporation and shall inure to the benefit of his or her
              heirs, estate, executors and administrators.
SECTION 3. DEFINITIONS:
(a)
"Corporation" for the purpose of Article XI shall mean Allianz Life Insurance Company of North America and all of its subsidiaries.
(b)
"Proceeding" shall mean any threatened, pending, or completed action, suit or proceeding whether civil, criminal, administrative, investigative or otherwise, including actions by or
              in the right of the Corporation to procure a judgment in its favor.
(c)
"Professional Services" shall mean services rendered pursuant to (i) a professional actuarial designation, (ii) a license to engage in the practice of law issued by a State Bar
              Institution or (iii) a Certified Public Accountant designation issued by the American Institute of Certified Public Accountants.
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted for directors and officers or controlling persons of the Insurance Company pursuant
              to the foregoing, or otherwise, the Insurance Company has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and, therefore, unenforceable. In the
              event that a claim for indemnification against such liabilities (other than the payment by the Insurance Company of expenses incurred or paid by a director, officer or controlling person of the Insurance Company in the successful defense of
              any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled by controlling
              precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
ITEM 15.   RECENT SALES OF UNREGISTERED SECURITIES.
NOT APPLICABLE.
ITEM 16.   EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) Exhibits.
1.(a)
Principal Underwriter Agreement
by and between North American Life and Casualty Company on behalf
              of NALAC Financial Plans, Inc. dated September 14, 1988 incorporated by reference as exhibit EX-99.B3.a. from Pre-Effective Amendment No.1 to Form N-4 (File Nos. 333-06709 and 811-05618), electronically filed on December 13, 1996. (North
              American Life and Casualty Company is the predecessor to Allianz Life Insurance Company of North America. NALAC Financial Plans, Inc., is the predecessor to USAllianz Investor Services, LLC, which is the predecessor to Allianz Life Financial
              Services, LLC.)
(b)
Broker-Dealer Agreement
(amended and restated) between Allianz Life Insurance Company of
              North America and Allianz Life Financial Services, LLC, dated June 1, 2010 incorporated by reference as exhibit EX-99B3b. from Pre-Effective Amendment No. 1 to Form N-4 (File Nos. 333-166408 and 811-05618), electronically filed on September
              24, 2010.
(c)
The current specimen of the
selling agreement
between Allianz Life Financial Services,
              LLC, the principal underwriter for the Contracts, and retail brokers which offer and sell the Contracts to the public is incorporated by reference as exhibit EX-99.B3.b. from the initial filing on Form N-4 (File Nos. 333-134267 and
              811-05618), electronically filed on May 19, 2006.The underwriter has executed versions of the agreement with approximately 2,100 retail brokers.
2.
Not
        applicable
3.    (a)
Articles of Incorporation
, as amended and restated August 1, 2006, of Allianz Life Insurance Company of North
              America, filed on January 3, 2013 as Exhibit 3(a) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
(b)
Bylaws, as amended and restated August 1, 2006
, of Allianz Life Insurance Company of North America, filed on
              January 3, 2013 as Exhibit 3(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
4.(a)
Individual Variable Annuity Contract, L40538-01
,
              filed on December 19, 2022 as Exhibit 4(a) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(b)
Contract Schedule Page, S40875-01-NF
, filed on December 19, 2022 as
              Exhibit 4(b) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(c)
Index Options Contract Schedule Page, S40877-02
, filed on December 19,
              2022 as Exhibit 4(c) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(d)(i)
Application for Individual Variable Annuity Contract – IXA-APP-04-NF
,
              filed on December 19, 2022 as Exhibit 4(d)(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(d)(ii)
Annuity Purchase Acknowledgment, E-APA-VAR-03
, filed on December 19,
              2022 as Exhibit 4(d)(ii) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(e)(i)
Index Performance Strategy Rider II – S40903-01
,
              filed on December 19, 2022 as Exhibit 4(e)(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(ii)
Index Performance Strategy Rider III – S40904-01
,
              filed on December 19, 2022 as Exhibit 4(e)(ii) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(f)
Index Protection Strategy with Trigger Rider-S40879-02
,
              filed on December 19, 2022 as Exhibit 4(f) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(g)
Traditional Death Benefit Rider-S40880-01
, filed on
              December 19, 2022 as Exhibit 4(g) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(h)
Index Guard Strategy Rider-S40889-03
, filed on
              December 19, 2022 as Exhibit 4(h) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(i)(i)
Index Precision Strategy Rider, S40891-02
, filed on
              December 19, 2022 as Exhibit 4(i) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(ii)*
Index Dual Precision Strategy Rider,
                S40909.
(iii)*
Index Precision Strategy Rider ,
                S40891-03.
(iv)*
Index Options Contract Schedule,
                S40877-03
(j)
Performance Lock Rider (with lock and go), S40908
,
              filed on December 19, 2022 as Exhibit 4(j) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(k)
Waiver of Withdrawal Charge Rider-S40749-01
, filed
              on December 19, 2022 as Exhibit 4(k) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(l)
Maximum Anniversary Death Benefit Rider- S40897-01
,
              filed on December 19, 2022 as Exhibit 4(l) to Registrant's Initial Registration on Form S-1 (File No. 333-268951), is incorporated by reference.
(m)
I
nherited IRA/Roth IRA Endorsement-S40713
incorporated by reference as
              exhibit EX-99.B4.q. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.
(n)
Roth IRA Endorsement-S40342
incorporated by
              reference as exhibit EX-99.B4.l. from Pre-Effective Amendment No. 1 to Registrant's Form N-4 (File Nos. 333-134267 and 811-05618), electronically filed on September 25, 2006.
(o)
IRA Endorsement-S40014
incorporated
              by reference as exhibit EX-99.B4.g. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.
(p)
Unisex Endorsement-(S20146)
incorporated by reference as exhibit EX-99.B4.h. from Pre-Effective Amendment No.1 to Registrant's Form N-4 (File Nos. 333-82329 and 811-05618), electronically filed on December 30, 1999.
5.*
Opinion re Legality.
8.
Opinion re Tax Matters - not applicable
9.
Not applicable
10.
Material Contracts – not applicable
11.
Not applicable
12.
Not applicable
15.
Not applicable
16.
Not applicable
21.
Not applicable.
23.
(a)*
Consent of Independent Registered Public Accounting Firm.
(b)    Consent of Counsel, filed as Exhibit 5 to this Registration Statement.
24.
(a)
Board Resolution, effective December 11, 2012
, of the Board of Directors of
                Allianz Life Insurance Company of North America, filed on January 3, 2013 as Exhibit 24(b) to Registrant's initial registration on Form S-1 (File No. 333-185864), is incorporated by reference.
(b)
Form of Board Resolution of the Board of
        Directors of Allianz Life Insurance Company of North America,
effective April 14, 2014, filed on April 14, 2014 as Exhibit 24(d) to Registrant's Post-Effective Amendment No. 2 to Form S-1 (File No. 333-185864), is
incorporated by reference.
(c)*
Powers of Attorney
25.
Not
        applicable
26.
Not
        applicable
99.*
Daily Adjustment Exhibit – Ex 99
_IAIADV,IA+, IA+NF, IA+INC
                (10/23)
107*.
Filing Fee Table
*  Filed herewith
(b) Financial Statement Schedules
All required financial statement schedules of Allianz Life Insurance Company of North America are included in Part I of this registration statement.
ITEM 17.   UNDERTAKINGS.
The undersigned registrant hereby undertakes pursuant to Item 512 of Regulation S-K:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment
              thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total
              dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to
              Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement.
(iii)
To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such
              information in the registration statement.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be
              a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
              termination of the offering.
(4)
That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser, each prospectus filed pursuant to Rule
              424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the
              registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or
              deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that
              was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.
(5)
That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution
              of the securities: The undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the
              purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such
              purchaser:
(i)
Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;
(ii)
Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the
              undersigned registrant;
(iii)
The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or
              its securities provided by or on behalf of the undersigned registrant; and
(iv)
Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.
(6)
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
              persons of the Registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that, in the opinion of the Securities and Exchange Commission, such indemnification is against public policy as expressed in the
              Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant
              in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter
              has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such
              issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned,
      thereunto duly authorized, in the City of Minneapolis, State of Minnesota, on this 10th day of October 2023.
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
By:
/s/ Jasmine M. Jirele*
Jasmine M. Jirele
Chief Executive Officer, President, and Director
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities indicated on October
      10, 2023.
Signature
Title
Jasmine Jirele
*
Director, President & Chief Executive Officer
Andreas G. Wimmer*
Director and Board Chair
Walter R. White
*
Director
Udo Frank
*
Director
William E. Gaumond
*
Director, Senior Vice President, Chief Financial Officer and Treasurer (principal accounting officer)
Kevin E. Walker
*
Director
Howard E. Woolley
*
Director
Lauren K. Day*
Director
*By Power of Attorney, filed as Exhibit 24(c) to this Registration Statement.
BY
: /s/ John P. Hite
John P. Hite
Counsel
FORM S-1
ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA
INDEX TO EXHIBITS
Exhibit
Description of Exhibit
4(i)(ii)
Index Dual Precision Strategy Rider, S40909
4(i)(iii)
Index Precision Strategy Rider, S40891-03
4(i)(iv)
Index Options Contract Schedule, S40877-03
(5)
Opinion regarding Legality
23(a)
Consent of Independent Registered Accounting Firm
24(c)
Powers of Attorney
99
Daily Adjustment Exhibit (10/23)
107
Filing Fee Table