A big part of the working capital that helps Nevada open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $57 billion in Nevada’s economy with industrial and agricultural loans, education bonds, retail mortgages and more. We are here to strengthen businesses and communities across the Silver State.
Investing in Industry
By providing more than $1.4 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 more than $1 billion in mortgage financing to support retail in Las Vegas, Reno, Carson and throughout the Silver State.
Investing in Infrastructure
Life insurers have invested $670 million in infrastructure in Nevada. Through their purchases of bonds issued by the Clark County Airport, Washoe County for highways and the Las Vegas Valley Water District, life insurers and helping prepare the state for the future.
Investing in Education
With investments in the Clark County School District, the Nevada System of Higher Education, the Churchill County School District and more, life insurers play an important role in preparing the state’s students for the future. In all, life insurers have invested $95 million in bonds issued by educational institutions in Nevada.
Investing in Affordable Housing
Life insurers have invested $33 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 loans life insurers offer. In all, the industry has provided $75 million in financing to help new farmers obtain the land and veteran farmers expand.