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BHFAP| Name | Value |
|---|---|
| Revenues | 1,170.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 1,170.0M |
| Operating Expense | -707.0M |
| Operating I/L | 463.0M |
| Other Income/Expense | -579.0M |
| Interest Income | 37.0M |
| Pretax | 590.0M |
| Income Tax Expense | 109.0M |
| Net Income/Loss | 479.0M |
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 the needs of contract holders 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 needs. The Run-off segment manages various financial products, including structured settlements, pension risk transfer contracts, and certain life insurance policies.
