Life insurers’ investments do more than protect their policyholders.
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Their long-term investments are meeting the moment in today’s world for businesses and communities across the state. With an eye toward a vibrant and sustainable future, life insurers provide financial support for all of those things that have and will continue to make Texas a world economic leader. Life insurers are a permanent and stable fixture in the state’s economy.
These partnerships in commerce aren’t new, and have defined life insurers’ impactful and lasting relationship with the state’s economy and its people for more than 100 years.
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| By making more than $1 billion in large and small agricultural loans in the state, life insurers are helping ensure Texas remains one of the nation’s top agriculture-producing states.
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Investing in Businesses & Industries
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Life insurers help keep Texans working by investing more than $12 billion in mortgage loans for office space and an additional $7 billion in loans for industries across the state.
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Investing in Apartments & Multifamily Housing
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From Amarillo to Brownsville, life insurers are helping individuals and families call Texas home with nearly $15 billion in mortgage loans for apartments and multifamily units.
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| Investing in Infrastructure
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By investing almost $9 billion in bonds, life insurers are firmly linked to the construction and improvement of the state’s roads, bridges, and airports, and its citizens’ access to clean water and abundant energy.
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| Life insurers are opening doors to educational opportunities within the state by investing nearly $6 billion in bonds from the state’s universities and local school districts.
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| Investing in People and Families
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Life insurers pay out $17.9 billion each year, or $49 million a day, in life insurance and annuity benefits to Texas families.
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Life insurers are best known for the financial security they provide Texans. But an equally critical role they play is supporting the institutions and industries Texans rely on for job growth and economic prosperity.
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Life insurers are proud of their role as investors in Texas and Texans.
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in stocks and bonds that help finance business development and create new jobs
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| in real estate, loans, and other investments
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| in mortgage loans on farms, residential and commercial property
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For more information, please contact Jennifer Cawley at 512-656-2850.
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