U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
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1. Name and address of issuer: Allianz Life Variable Account B
1750 Hennepin Avenue
Minneapolis, MN 55403-2195
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2. Name of each series or class of funds for which this notice is filed:
Allianz Life Variable Account B - Variable Annuity Contracts
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3. Investment Company Act File Number: 811-05618
Securities Act File Number: 33-23035, 33-72046 and 33-76190
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4. Last day of fiscal year for which this notice is filed:
December 31, 1995
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5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration:
[ ]
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6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
Not applicable
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7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the begininng of
the fiscal year:
Not applicable
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8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24f-2:
Not applicable
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9. Number and aggregate sale price of securities sold during the fiscal year:
Number of units sold: 79,539,578
Aggregate sale price: $1,087,265,828
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10. Number and aggregate sale price of securities sold during the fiscal year in
reliance upon registration pursuant to rule 24f-2:
Number of units sold: 79,539,578
Aggregate sale price: $1,087,265,828
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11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
Not applicable
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the
fiscal year in reliance on rule 24f-2 (from Item 10): $1,087,265,828
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(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if
applicable): + N/A
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(iii) Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): - (920,205,237)
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(iv) Aggregate price of shares redeemed or repurchased
and previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): + N/A
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(v) Net aggregate price of securities sold and issued
during the fiscal year in reliance on rule 24f-2
[line (i), plus line (ii), less line (iii), plus line
(iv)] (if applicable): 167,060,591
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(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation (see
Instruction C.6): x 1/2900
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(vii) Fee due [line (i) or line (v) multiplied by line (vi)]: $ 57,607.10
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13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commission's Rules of Informal and Other
Procedures (17 CFR 202.3a).
[x]
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository:
February 26, 1996
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SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title) /s/ MICHAEL YATES
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Michael Yates, CPA, FLMI
Manager, Variable Products Financial
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Date February 27, 1996
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Blazzard, Grodd & Hasenauer, P.C.
943 Post Road East
Westport, CT 06880
(203) 226-7866
February 23, 1996
Board of Directors
Allianz Life Insurance Company of North America
1750 Hennepin Avenue
Minneapolis, MN 55403
RE: Opinion of Counsel - Allianz Life Variable Account B
Gentlemen:
You have requested our Opinion of Counsel in connection with the filing with
the Securities and Exchange Commission of Form 24F-2 with respect to Allianz
Life Variable Account B.
We have made such examination of the law and have examined such records and
documents as in our judgment are necessary or appropriate to enable us to
render the opinions expressed below.
We are of the following opinions:
1. Allianz Life Variable Account B is a Unit Investment Trust as that
term is defined in Section 4(2) of the Investment Company Act of 1940 (the
"Act"), and is currently registered with the Securities and Exchange
Commission, pursuant to Section 8(a) of the Act.
2. Upon the acceptance of purchase payments made by a contract owner
pursuant to a Contract issued in accordance with the Prospectus contained in
the registration statement and upon compliance with applicable law, such
contract owner will have a legally-issued, fully paid and non-assessable
contractual interest in Allianz Life Variable Account B.
This opinion is limited solely to its use as an exhibit to your Form 24F-2
filed pursuant to Rule 24f-2.
Sincerely,
BLAZZARD, GRODD & HASENAUER, P.C.
By: /S/ LYNN KORMAN STONE
_______________________________
Lynn Korman Stone
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