California

A big part of the working capital that helps California 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 $922 billion in California’s economy through education bonds, residential and retail mortgages and more. We are here to strengthen communities and families across the Golden State.

Download California Fact Sheet
  • $655 billion in stocks and bonds that help finance business development and create new jobs
  • $114 billion in real estate, loans and other investments
  • $152 billion in mortgage loans on farms, residential, and commercial property
Education

Investing in Education
Life insurers have invested nearly $14 billion in bonds for education in California. These bonds allow California schools to invest in safer school buildings, keep up with and enhance technology for students and staff, and ensure Golden State students have the tools they need to learn at their best.

Apartments2

Investing in Apartments/ Multifamily
The industry dedicated more than $28 billion in mortgage loans for apartments and multifamily homes in Los Angeles, Oakland, Chula Vista, Santa Clara and more, helping more individuals and families call California “home.”

OfficeSpace

Investing in Office Space
With the largest economy among the states, California’s need for office space is greatly aided by life insurers. Life insurers have invested $30 billion in mortgages for offices throughout the state for business and commerce.

Retail2

Investing in Retail
Nearly $20 billion in investments in retail mortgages throughout the state help finance California’s world-class shopping and merchandising. 25% of jobs in the state are supported by retail.

Infrastructure3

Investing in Infrastructure
Life insurers have invested $12 billion to finance California ports, transportation and utilities in the state, including $1.9 billion for airports, $742 million for the Alameda Corridor Transportation Authority, and more.

Agriculture

Investing in Agriculture
Life insurers issued nearly $7 billion in agricultural loans in Bakersfield, Fresno, Napa and other cities and towns throughout California.