A big part of the working capital that helps Oklahoma 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 $62 billion in Oklahoma with mortgages for retail, industry, residential and infrastructure, and bonds for education, health care and more. We are here to strengthen communities and families across the Sooner State.
- $51 billion in stocks and bonds that help finance business development and create new jobs
- $9 billion in real estate, loans and other investments
- $2 billion in mortgage loans on farms, residential, and commercial property
Investing in Infrastructure
Life insurers have invested more than $780 million in entities that are
building and improving infrastructure in the state. This includes the
Oklahoma Turnpike Authority, the Oklahoma City Airport, the Grand
River Dam Authority and the Oklahoma Municipal Power Authority.
Investing in Retail
27 percent of the jobs in Oklahoma are supported by the retail
industry, says the National Retail Federation. And life insurers are part
of this employment story. They have provided $204 million in recent
years in retail mortgage loans in the state.
Investing in Education
Bonds issued by the University of Oklahoma, Oklahoma State
University, the Oklahoma Agricultural & Mechanical College, Garfield
County Educational Facilities Authority and more have been
purchased by life insurers. In all, life insurers’ bond purchases from
education-based entities in the state total nearly $300 million.
Investing in Industry
Life insurers have $230 million today invested in industrial mortgage
loans in Oklahoma City, Tulsa and Shawnee.
Investing in Agriculture
Life insurers have nearly $120 million invested in agricultural loans in
Choctaw, Coal, Blaine counties and more, helping farmers buy land
and expand their operations to feed families in the state, the country
and throughout the world.
Investing in Residential
With $140 million in investments in mortgages for single-family homes
in Stillwater, Tahlequah, Muskogee, Lawton and more today, life
insurers are helping individuals and families call Oklahoma “home.”