AMENDMENT TO PARTICIPATION AGREEMENT

AMENDMENT TO PARTICIPATION AGREEMENT

The Participation Agreement, dated December 1, 1999, as amended, by and among, Allianz Life Insurance Company of New York (formerly Preferred Life Insurance Company of New York), PIMCO Variable Insurance Trust, and PIMCO Investments LLC (formerly Allianz Global Investors Distributors LLC) is hereby amended by deleting the existing Schedule A, amended May 10, 2010 and inserting in lieu thereof the following:

SCHEDULE A

(6th revised effective May 1, 2011)

PIMCO Variable Insurance Trust Portfolios:

1.   PIMCO VIT All Asset Portfolio

2.   PIMCO VIT CommodityRealReturn® Strategy Portfolio

3.   PIMCO VIT Emerging Markets Bond Portfolio

4.   PIMCO VIT Global Advantage Strategy Bond Portfolio

5.   PIMCO VIT Global Bond Portfolio (Unhedged)

6.   PIMCO VIT Global Multi-Asset Portfolio

7.   PIMCO VIT High Yield Portfolio

8.   PIMCO VIT Real Return Portfolio

9.   PIMCO VIT Total Return Portfolio

10. PIMCO VIT Unconstrained Bond Portfolio

IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this amendment to the participation agreement, as amended, as of May 1, 2011

Allianz Life Insurance Company of New York

By:    /s/ Xxxxxxx X. Xxxxxxx

Name:

Title:

PIMCO Variable Insurance Trust

By:     /s/ Xxxxxx X. Xxxxxx

Name:  Xxxxxx X. Xxxxxx

Title:    Vice President

PIMCO Investments LLC

By:     /s/ Xxxxxxx X. Xxxxxx

Name:  Xxxxxxx X. Xxxxxx

Title:    Head of Business Management