A big part of the working capital that helps Maryland 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 $125 billion in Maryland’s economy with investments in apartments/multifamily units, education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across the state.
- $90 billion in stocks and bonds that help finance business development and create new jobs
- $17 billion in real estate, loans and other investments
- $18 billion in mortgage loans on farms, residential, and commercial property
Investing in Office Space
Life insurers have invested $2.5 billion in recent years in mortgages
for offices in Baltimore, Hagerstown, Columbia and more, helping
build business and commerce in Maryland.
Investing in Apartments/ Multifamily
The industry has invested $4.5 billion today in mortgage loans for
multi-family and apartment homes in Baltimore, Hagerstown and
throughout the state, helping more individuals and families call
Maryland “home.”
Investing in Retail
From Columbia to Cambridge and Cumberland – in addition Baltimore
to Hagerstown -- life insurers have invested $3.2 billion in retail
mortgages. They’re helping business owners open their doors, expand
to new locations and strengthen Maryland’s Main Streets and
downtowns.
Investing in Infrastructure
With the purchase of more than $400 million in bonds from the
Maryland Transportation Authority, life insurers are helping to keep
surface transportation moving in the state. When combined with bonds
purchased for utilities, total life insurer investments in Maryland
infrastructure total $614 million.
Investing in Education
Life insurers have invested $302 million in bonds issued by
educational entities based in Baltimore, Prince George’s County,
Montgomery County and more, helping to ensure the state’s students
are intellectually prepared for the future.
Investing in Industry
With current investments totaling $2.8 billion for industrial mortgage
loans in Maryland, life insurers are supporting both employers and
employees in the manufacturing industry.