A big part of the working capital that helps Hawaii open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $26 billion in Hawaii with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and businesses across the Aloha State.
Investing in Retail
Life insurers are strong supporters of retail in The Aloha State, investing more than $886 million in retail mortgages. These investments also boost employment in the state. In fact, 27 percent of Hawaii's jobs are supported by the retail industry, according to the National Retail Federation.
Investing in Residential
Life insurers have invested $470 million in single-family homes in Lahaina, Hilo, Kapa’a, Honolulu and other areas throughout Hawaii.
Investing in Infrastructure
Life insurers have invested $419 million in bonds for airports, highways and water systems in the state, helping ensure Hawaii’s infrastructure is prepared to meet the growing demands placed on it.
Investing in Industry
The Aloha State also is a state for industry, which life insurers strongly support. They have invested $170 million in industrial mortgages on Oahu and on other islands.
Investing in Apartments/Multifamily
With $170 million in mortgages for apartment buildings and multifamily units, life insurers are helping individuals and families call Hawaii “home.”
Investing in Education
Who would think that life insurers are major investors in the University of Hawaii? Not many people would, but they are. Life insurers have purchased revenue bonds totaling $98 million from the university.