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Brighthouse Financial

@brighthousefinancial.com

Brighthouse Financial annuities and life insurance products help protect what you've earned and ensure it lasts.

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About

Description

Brighthouse Financial, based in the United States, is a leading provider of annuities and life insurance. Founded in 2017 as a spin-off from MetLife, it is headquartered in Charlotte, North Carolina. The company offers a range of products and services aimed at helping individuals and families achieve financial security.


Its main offerings include fixed and variable annuities, indexed annuities, and life insurance products. These products are designed to provide individuals with income and protection during retirement and other important stages of their lives. Brighthouse Financial operates primarily in the United States, serving a diverse customer base consisting of individual investors, financial advisors, and institutions.


Additionally, the company has a presence in Bermuda, offering certain insurance products. While Brighthouse Financial does not have any noteworthy subsidiaries or joint ventures, it has established strategic partnerships to enhance its product offerings and expand its reach. For example, the company has partnered with BlackRock, a global investment management firm, to offer a range of investment options within its annuity products.


In terms of market position, Brighthouse Financial is a prominent player in the insurance and annuities industry. While detailed global sales figures are not publicly available, the company has a strong presence in the United States. It competes with other insurance giants, such as Prudential Financial, New York Life, and Lincoln Financial Group.


Since its establishment, Brighthouse Financial has undergone significant changes and achieved noteworthy milestones. One significant event occurred in 2018 when the company announced a strategic shift in its product lineup, focusing on simpler and more consumer-friendly offerings. This change was aimed at addressing regulatory challenges and market demand.


Currently, Brighthouse Financial continues to evolve and adapt to the changing needs of its customers. As of the latest available information, there have not been any major updates or key announcements that significantly impact the company's current status. In conclusion, Brighthouse Financial is a leading provider of annuities and life insurance, operating primarily in the United States.


With a focus on simplicity and customer-centric products, the company aims to offer financial security to individuals and families. While it does not have a significant international presence, it maintains strategic partnerships to enhance its offerings. Brighthouse Financial competes with other major insurers and continues to evolve to meet market demands

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Company Type

Public Company

Company Size

51-200

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