Name | Value |
---|---|
Revenues | 263.0M |
Cost of Revenue | 0.0M |
Gross Profit | 263.0M |
Operating Expense | -630.0M |
Operating I/L | -367.0M |
Other Income/Expense | -237.0M |
Interest Income | 39.0M |
Pretax | -237.0M |
Income Tax Expense | -62.0M |
Net Income/Loss | -175.0M |
Brighthouse Financial, Inc. specializes in providing annuity and life insurance products in the United States. The company operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers various types of annuities, including variable, fixed, index-linked, and income annuities, catering to contract holders' needs for wealth accumulation, wealth transfer, and income security on a tax-deferred basis. The Life segment provides a range of life insurance policies, such as term, universal, whole, and variable life, to meet policyholders' financial security and wealth transfer requirements. The Run-off segment manages structured settlements, pension risk transfer contracts, company-owned life insurance policies, funding agreements, and universal life with secondary guarantees.