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 $251 million in bonds to help finance education, including $108 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 $930 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 more than $800 million in Kentucky for industrial development in Madisonville, Frankfort, Lexington-Fayette and other parts of the state.
Investing in Infrastructure
Life insurers have invested $614 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 $465 million in financing for mortgage loans. This financing helps an industry that is supporting 27 percent of the jobs in the state.
Investing in Office Space
Life insurers have invested $224 million in mortgages for offices in Louisville, Lexington, London, Frankfort, and other cities and towns throughout the state.