Investing in Retail
Life insurers are strong supporters of retail in The Aloha State, investing more than $887 million in retail mortgages in recent years. 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 $539 million in single-family homes in Lahaina, Hilo, Kapa’a, Honolulu and other areas throughout Hawaii in recent years.
Investing in Infrastructure
Life insurers have invested nearly $500 million in recent in bonds for airports, roads 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 $160 million in recent years in industrial mortgages on Oahu and on other islands.
Investing in Apartments/Multifamily
With $127 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 $15 million from the university in recent years.