A big part of the working capital that helps Florida open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $409 billion in Florida’s economy with loans to farmers, businesses, local governments, homeowners and more. We are here to strengthen communities and families across the Sunshine State.
- $303 billion in stocks and bonds that help finance business development and create new jobs
- $57 billion in real estate, loans, and other investments
- $49 billion in mortgage loans on farms, residential, and commercial property
Investing in Infrastructure
Life insurers have invested more than $4.7 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 $7.1 billion for retail mortgages, helping
make the Sunshine State a magnet for retail while also supporting an
industry tied to 28 percent of Florida jobs.
Investing in Agriculture
Farmers in Arcadia, Cape Coral, Naples, Port St. Lucie, Clewiston and
other places in the state benefit from the $820 million in agricultural
mortgage investments made by life insurers.
Investing in Apartments/Multifamily
In Fort Lauderdale, Tallahassee, Sarasota and other cities, life
insurers have invested $14.5 billion in mortgages for apartments and
multifamily units, helping families throughout the state call the
Sunshine State “home.”
Investing in Office Space
Life insurers have invested $3.6 billion in mortgages for offices in
Tampa, Miami, Orlando, Panama City, Gainesville and other cities and
towns throughout the state.
Investing in Education
Life insurers have invested $590 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.