A big part of the working capital that helps Massachusetts 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 $191 billion in Massachusetts’ economy with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across the Bay State.
- $137 billion in stocks and bonds that help finance business development and create new jobs
- $28 billion in real estate, loans and other investments
- $26 billion in mortgage loans on farms, residential, and commercial property
Investing in Education
Life Insurers have invested $2.1 billion in bonds for education in
Massachusetts. These bonds allow schools in the state to invest in
safer buildings, keep up with and enhance technology for students
and staff, and ensure Bay State students have the tools they need to
learn at their best.
Investing in Office Space
Life insurers have invested $10.4 billion in and around Boston in
mortgages for office space, fueling the city’s historic role as the center
of business and commerce in New England.
Investing in Apartments/ Multifamily
The industry has dedicated $6.5 billion to mortgage loans for
apartments/multifamily homes throughout the state, helping more
individuals and families call the Commonwealth of Massachusetts
home.
Investing in Retail
Life insurers have invested $1.5 billion retail mortgages in the state –
this includes $44 million in Worcester, $40 million in Barnstable Town,
$7.2 million in Springfield, in addition to nearly $1.4 billion in and
around Boston.
Investing in Industry
Life insurers have invested $1.5 billion in mortgage loans for Bay
State industries. This includes significant investments in Boston and
nearby areas, Worcester, and Springfield.