A big part of the working capital that helps Nevada 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 $55 billion in Nevada’s economy with industrial and agricultural loans, education bonds, retail mortgages and more. We are here to strengthen communities and families across the Silver State.
Investing in Industry
By providing nearly $1.8 billion in mortgage financing for industry, life
insurers are helping fuel job growth and a diversified economy in
Nevada.
Investing in Retail
Few Nevadans tie life insurers with retail, but they should! Life
insurers have provided $1.2 billion in mortgage financing to support
retail in Las Vegas, Reno, Carson City and throughout the Silver
State.
Investing in Infrastructure
Life insurers have $564 million currently invested in infrastructure in
Nevada. Through their purchases of bonds issued by the Las Vegas
International Airport, Washoe County for highways and the Las Vegas
Valley Water District, life insurers are helping prepare the state for the
future.
Investing in Education
With investments in the Clark County School District, the Nevada
System of Higher Education and more, life insurers play an important
role in preparing the state’s students for the future. In all, life insurers
have $94 million in bonds today that were issued by educational
institutions in Nevada.
Investing in Affordable Housing
Life insurers have invested $22 million with the Nevada Housing
Division, a state agency dedicated to helping low and moderate-
income Nevadans live in safe, decent and sanitary housing.
Investing in Agriculture
Farmers in Fernley, Pahrump and Elko benefit from agricultural loan
financing life insurers offer. In all, the industry has provided $106
million to help new farmers obtain the land and veteran farmers
expand.