A big part of the working capital that helps Florida open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $407 billion in Florida’s economy with loans to farmers, businesses, local governments, homeowners and more. We are here to strengthen communities across the Sunshine State.
Investing in Infrastructure
Life insurers have invested more than $4.4 billion in bonds -- for airports in Miami-Dade and Lee counties, in Orlando and Jacksonville; for roads and ports throughout the state; and to help municipalities throughout Florida keep water clean.
Investing in Retail
Life insurers have provided $7.3 billion for retail mortgages, helping make the Sunshine state a magnet for retail while also supporting an industry tied to nearly 30 percent of Florida jobs.
Investing in Agriculture
Farmers in Arcadia, Cape Coral, Naples, Port St. Lucie, Clewiston and other places in the state received mortgages thanks to nearly $700 million in agricultural loans provided by life insurers.
Investing in Apartments/Multifamily
In Fort Lauderdale, Tallahassee, Sarasota and other cities, life insurers have invested nearly $11.5 billion in mortgages for apartments and multifamily units, helping families throughout the state call the Sunshine state “home.”
Investing in Residential
Life insurers have invested more than $4.6 billion in residential mortgage loans in Florida. This is financing for single-family homes from Pensacola to Miami.
Investing in Education
Life insurers have invested $591 million in bonds issued by educational institutions in the state. These are investments that help build and expand schools, enhance technology for learning and equip young Floridians for the future.