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BHFAO| Name | Value |
|---|---|
| Revenues | 1,427.0M |
| Cost of Revenue | -215.0M |
| Gross Profit | 1,642.0M |
| Operating Expense | 580.0M |
| Operating I/L | 52.0M |
| Other Income/Expense | -1,413.0M |
| Interest Income | 0.0M |
| Pretax | 14.0M |
| Income Tax Expense | -20.0M |
| Net Income/Loss | 34.0M |
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.
