A big part of the working capital that helps Hawaii 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 $26 billion in Hawaii with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across the Aloha State.
Investing in Retail
Life insurers are strong supporters of retail in The Aloha State, investing $763 million in retail mortgages in recent years. These investments also boost employment in the state. In fact, 26 percent of Hawaii's jobs are supported by the retail industry, according to the
National Retail Federation.
Investing in Residential
Life insurers have invested $635 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 $470 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 $169 million in recent years in industrial mortgages on Oahu and on other islands.
Investing in Office Space
Life insurers have invested $140 million in mortgages for offices in Honolulu, Kahului, Lahaina, and other cities and towns throughout the state.
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 $25 million that were issued by the university in recent years.