A big part of the working capital that helps Missouri open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $102 billion in Missouri’s economy with agricultural loans, education bonds, retail mortgages and more. We are here to strengthen businesses and communities across the Show-Me state.
Investing in Education
Life insurers have invested $1.6 billion in bonds for education. The Clayton, Ladue and Hazelwood school districts are just a few of the educational entities to receive funding from life insurers. The bonds life insurers purchase help Missouri schools invest in safer buildings, enhance technology for students and staff, and ensure students have the tools they need to learn at their best.
Investing in Infrastructure
With life insurer investments in Missouri highways, airports and mass transit, along with investments in electricity and sewer districts, life insurers have played a critical role in helping maintain and boost infrastructure in the state. In all, life insurers have purchased bonds totaling $850 million from entities improving infrastructure in Missouri.
Investing in Agriculture
Farmers in Miller, New Madrid, Pemiscot and Stoddard counties, and in Kennett, Moberly and more, received mortgages thanks to a total $840 million in agricultural loans provided by life insurers.
Investing in Retail
Life insurers have provided $1 billion for retail mortgages, helping make the Show-Me state a magnet for retail while also helping support 1 million retail jobs in Missouri.
Investing in Apartments/Multifamily
The industry has dedicated $1.1 billion in mortgage loans for apartment buildings and multifamily homes in Kansas City, St. Louis, Columbia, Springfield and more, helping more individuals and families call the Show-Me state “home.”
Investing in Industry
Industrial mortgage loans issued by life insurers total $800 million – that’s financing in Joplin, St. Joseph, Kansas City and St. Louis --– financing that promotes manufacturing and jobs in the Show-Me state.