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Brighthouse Financial Completes Reinsurance Transaction for Legacy Block of Fixed and Payout Annuities
Brighthouse Financial, Inc. has announced the completion of a reinsurance transaction with a third party to reinsure a legacy block of the company’s fixed and payout annuities. This transaction reflects the company's ongoing progress against strategic initiatives designed to improve capital efficiency and unlock capital to return to their target combined risk-based capital (RBC) ratio range.
Company Information
Company
Brighthouse Financial
Location
Charlotte, North Carolina, United States
About
Brighthouse Financial, Inc. is on a mission to help people achieve financial security. As one of the largest providers of annuities and life insurance in the U.S., they specialize in products designed to help people protect what they’ve earned and ensure it lasts. Their offerings are focused on improving capital efficiency and achieving stable risk-based capital ratios. Brighthouse Financial supports customers in navigating their financial futures.
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