A big part of the working capital that helps Mississippi open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $36 billion in Mississippi with agricultural loans, education bonds, residential and retail mortgages and more. We are here to strengthen communities and businesses across the Magnolia State.
- $29 billion in stocks and bonds that help finance business development and create new jobs
- $5 billion in real estate, loans and other investments
- $2 billion in mortgage loans on farms, residential, and commercial property
Investing in Agriculture
With $575 million in agricultural mortgage loans issued in Scott, Tallahatchie, Sharkey and other counties in recent years, life insurers are supporting a leading industry in the Magnolia State.
Investing in Healthcare
Life insurers have purchased bonds issued by the Baptist Memorial Health, North Mississippi Health and Forrest County General Hospital in recent years totaling nearly $19 million.
Investing in Industry
Industries in Jackson, Vicksburg and northern Mississippi have received mortgage financing from life insurers totaling $154 million.
Investing in Retail
Twenty-six percent of the jobs in the state are supported by the retail industry, says the National Retail Federation. And life insurers are part of this employment story, providing $93 million currently in mortgage retail loans.
Investing in Apartments/Multifamily
With $160 million in investments in apartment buildings and multifamily units in Oxford, Jackson, Gulfport, Biloxi and other cities today, life insurers and helping individuals and families call Mississippi “home.”
Investing in Residential
Individuals and families in Meridian, McComb, Starkville, Cleveland and other cities are living in single-family homes with the help of life insurers. They’ve invested $66 million in residential mortgage loans throughout the state.