Welcome to our dedicated page for Brighthouse Finl news (Ticker: BHF), a resource for investors and traders seeking the latest updates and insights on Brighthouse Finl stock.
Brighthouse Financial reports developments tied to its U.S. annuity and life insurance business, including quarterly results, financial supplements, capital-structure disclosures, and product sales trends. The company distributes annuities and life insurance through independent channels and distribution partners, with reported segments that include Annuities, Life, Run-off, and Corporate & Other.
Recurring updates cover variable, fixed, index-linked, and income annuities; life insurance policies; managed run-off blocks; risk-based capital measures; hedge-related earnings volatility; and governance or shareholder-voting matters connected to material agreements.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Brighthouse Financial plans to hold a conference call and audio webcast to discuss financial results for the first quarter ended March 31, 2023. The call is scheduled for 8:00 a.m. Eastern Time on Tuesday, May 9, 2023, following the release of Q1 earnings on May 8, 2023, after market close. Investors can access the webcast and related materials through the company's Investor Relations webpage. A replay of the call will be available until May 26, 2023.
Brighthouse Financial is one of the largest providers of annuities and life insurance in the U.S., dedicated to helping individuals achieve financial security.
Brighthouse Financial, Inc. (Nasdaq: BHF) announced the appointment of Phil Bancroft as an independent member of its Board of Directors. Bancroft, an audit committee financial expert, will also serve on the Audit and Investment Committees. He brings nearly 20 years of CFO experience from major insurance companies, including his role as CFO at Chubb. Current Director Patrick Shouvlin will retire, and Bancroft is expected to succeed him as chair of the Audit Committee. This transition is seen as a positive move to enhance the Board's expertise, furthering Brighthouse Financial's mission to provide financial security through its annuity and life insurance products.
Brighthouse Financial (BHF) reported a net loss of $967 million in Q4 2022, reflecting a significant decline from a net income of $42 million in Q4 2021. Adjusted earnings for the quarter stood at $242 million compared to $323 million a year earlier. However, the company achieved record annuity sales of $11.5 billion for the full year, marking a 36% increase quarter-over-quarter. The firm maintained a strong liquidity position with liquid assets of approximately $1.0 billion and an estimated risk-based capital (RBC) ratio of 440%. Despite challenges, Brighthouse Financial continues its share repurchase program, having repurchased $488 million of its stock in 2022.
Brighthouse Financial (NASDAQ: BHF) plans to hold a conference call on February 10, 2023, at 8:00 a.m. Eastern Time to discuss its Q4 and full year 2022 financial results. The earnings release and financial supplement will be available on February 9, 2023, after market close. Investors can access the audio webcast and related presentation on the company's Investor Relations webpage. A replay will be accessible until March 3, 2023. Brighthouse Financial is a leading provider of annuities and life insurance, focusing on financial security for its clients.
Brighthouse Financial (BHF) reported a net loss of $702 million, or $9.82 per diluted share, for Q3 2022, a decline from the previous year's net income of $361 million. Adjusted earnings were $97 million, significantly lower than $450 million in Q3 2021. Annuity sales surged 58% year-over-year, totaling $3.7 billion, while life insurance sales dropped 30%. The company repurchased $447 million of its common stock year-to-date. As of September 30, 2022, Brighthouse held $1.1 billion in liquid assets, with an estimated RBC ratio between 450% and 470%.
Brighthouse Financial plans to hold a conference call on November 8, 2022, at 8:00 a.m. Eastern Time to discuss its third quarter 2022 financial results. The earnings release will be issued on November 7, 2022, after market close. Investors can access the audio webcast and related presentation on the company's Investor Relations webpage. Additionally, a replay of the call will be available until November 25, 2022. Brighthouse Financial is one of the largest providers of annuities and life insurance in the U.S., committed to helping individuals achieve financial security.