Building Roads to the Future: Policy Opportunities for Infrastructure Investment by Life Insurers

With the pressing national need for major infrastructure project financing, the public-private partnership (P3) model—alongside more traditional mechanisms like private funding and community bonds—has emerged as a particularly beneficial structure. Many insurers—like TIAA—increasingly view infrastructure as an attractive investment opportunity that offers stability, portfolio diversity, and competitive returns over a long timeline. But challenges exist. Read about TIAA’s recommended reforms that will help pave the way for greater insurer investment in infrastructure here .