Supplementary Insurance Information

12 Months Ended

Dec. 31, 2016

Supplementary Insurance Information

See accompanying report of independent registered public accounting firm.

Schedule III

ALLIANZ LIFE INSURANCE COMPANY

OF NORTH AMERICA AND SUBSIDIARIES

Supplementary Insurance Information

As of and for the years ended December 31, 2016, 2015, and 2014

(In thousands)

	As of December 31										Year ended December 31
	Deferred acquisition costs		Deferred sales inducements (1)		Account balances and future policy benefit reserves		Unearned premiums		Policy and contract claims		Net premium and policy fees		Interest and similar income, net			Net benefits (2)		Net change in deferred sales inducements*		Net change in policy acquisition costs**			Other operating expenses
2016:
Annuities	$	4,704,646		763,386		97,927,975		5,864		1,731		1,117,580		4,133,359			1,763,154		219,725		315,760			1,737,434
Life		523,701		1,168		3,172,139		77,790		4,438		147,013		113,465			194,521		146		(69,477	)		159,455
Questar		—		—		—		—		—		—		32			—		—		—			114,009
Legacy		17,996		—		4,254,346		61,681		614,574		142,686		78,881			205,632		—		13,124			18,490
	$	5,246,343		764,554		105,354,460		145,335		620,743		1,407,279		4,325,737			2,163,307		219,871		259,407			2,029,388
2015:
Annuities	$	5,766,176		1,108,877		90,734,164		25,620		—		1,133,285		3,999,693			2,095,788		200,269		279,582			1,510,369
Life		486,195		1,315		2,678,431		70,621		3,335		172,660		103,326			112,236		2,141		(53,642	)		165,385
Questar		—		—		—		—		—		—		3			—		—		—			110,624
Legacy		30,865		—		3,901,902		57,875		514,590		143,646		72,447			192,660		—		13,319			18,059
	$	6,283,236		1,110,192		97,314,497		154,116		517,925		1,449,591		4,175,469			2,400,684		202,410		239,259			1,804,437
2014:
Annuities	$	3,934,701		843,545		85,548,020		1,164		—		1,148,803		3,798,284			5,578,815		3,925		(615,902	)		1,928,506
Life		384,073		3,455		2,255,751		74,207		4,187		117,950		90,057			147,014		334		(72,109	)		154,952
Questar		—		—		—		—		—		—		(17	)		—		—		—			111,967
Legacy		43,997		—		3,554,990		55,330		439,257		141,344		67,335			145,737		—		14,925			16,975
	$	4,362,771		847,000		91,358,761		130,701		443,444		1,408,097		3,955,659			5,871,566		4,259		(673,086	)		2,212,400

⁽¹⁾  Deferred sales inducements is located in Other assets on the Consolidated Balance Sheets.

⁽²⁾  Excludes net change in deferred sales inducements.

* See note 10 for aggregate gross amortization of deferred sales inducements.

** See note 9 for aggregate gross amortization of deferred acquisition costs.

See accompanying report of independent registered public accounting firm.