
Brighthouse Financial Swings to $286M Profit on $2.7B Market Gains
Brighthouse Financial, Inc.Description
What this story covers
Brighthouse Financial reported $286 million net income in 2024, reversing a $1.2 billion loss, driven by $2.7 billion in favorable market risk benefits and $1.3 billion adjusted earnings up 14%. Annuity sales rose to $2.4 billion amid demographic trends, with strong liquidity at $5.2 billion and 400% RBC ratio supporting share repurchases. Risks include market volatility and regulatory changes, managed via hedging and diversification.
Story snapshot
CompanyBrighthouse Financial, Inc.
TickerBHF
VariantStandard detailed
Duration13:28
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0001685040-25-000010
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