Trade Brighthouse Financial Inc - BHF CFD

Brighthouse Financial Company profile

About Brighthouse Financial Inc

Brighthouse Financial, Inc. is a provider of annuity and life insurance products in the United States. The Company’s segments include Annuities, Life and Run-off. The Annuities segment consists of a variety of variable, fixed, index-linked and income annuities designed to address contract holders’ needs for protected wealth accumulation on a tax-deferred basis, wealth transfer and income security. The Life segment consists of insurance products and services, including term, universal, whole and variable life products designed to address policyholders’ needs for financial security and protected wealth transfer, which may be provided on a tax-advantaged basis. The Run-off segment consists of products that are no longer actively sold and are separately managed, including structured settlements, pension risk transfer contracts, certain company owned life insurance policies, funding agreements and universal life with secondary guarantees (ULSG).

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Brighthouse Financial Inc revenues decreased 16% to $7.14B. Net loss applicable to common stockholders decreased 82% to $197M. Revenues reflect decrease in net premium earned. Lower net loss reflects Run-off segment income totaling $191M vs. loss of $1.3B, Annuities segment income increase of 24% to $1.45B, Life segment income increase of 94% to $287M.