A big part of the working capital that helps Kentucky 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 about $84 billion in Kentucky’s economy with industrial loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across across the Bluegrass State.
- $69 billion in stocks and bonds that help finance business development and create new jobs
- $11 billion in real estate, loans and other investments
- $3 billion in mortgage loans on farms, residential, and commercial property
Investing in Education
Life insurers have invested $269 million in bonds to help finance
education, including $104 million for the University of Kentucky and
more than $40 million for school districts in Boone, Jefferson and
Clark counties.
Investing in Apartments/ Multifamily
Life insurers have invested $852 million in mortgages in Louisville,
Lexington and Richmond-Berea, helping more individuals and families
call the Bluegrass State “home.”
Investing in Industry
Life insurers have invested $769 million in Kentucky for industrial
development in Corbin, Frankfort, Lexington-Fayette and other parts
of the state.
Investing in Infrastructure
Life insurers have invested $611 million in roads, airports and utilities
in the state, helping keep people and commerce moving and ensuring
that Kentucky is powered and ready for the future.
Investing in Retail
Kentucky retailers thrive in part because of life insurers who have
provided $429 million in financing for mortgage loans. This financing
helps an industry that supports 27 percent of the jobs in the state.
Investing in Office Space
Life insurers have invested $216 million in mortgages for offices in
Louisville, Lexington, Henderson, Frankfort, and other cities and towns
throughout the state.