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.
Investing in Agriculture
With $707 million in agricultural mortgage loans issued in Leake, Humphries, Tallahatchie, Sharkie and other counties, life insurers are supporting a leading industry in the Magnolia State.
Investing in Healthcare
Life insurers have purchased bonds issued by the University of Mississippi Medical Center, the Mississippi Hospital Equipment and Facilities Authority, and more. In all, they have purchased health care-related bonds totaling $180 million.
Investing in Industry
Industries in Jackson, in northern Mississippi and in Quitman County received mortgage financing from life insurers totaling $102 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 $126 million in mortgage retail loans.
Investing in Apartments/Multifamily
With $125 million in investments in apartment buildings and multifamily units in Oxford, Jackson, Gulford, Biloxi and other cities, 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 $42 million in residential mortgage loans throughout the state.