- CEO
- Eric Thomas Steigerwalt
- Full Time Employees
- 1,400
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- 11225 North Community House Road Charlotte NC United States of America 28277
- IPO Date
- Nov 11, 2021
- Business
- Brighthouse Financial, Inc. (BHFAM) provides annuity and life insurance products in the United States through independent distribution channels and marketing arrangements with distribution partners. The company operates through Annuities, Life, Run-off, and Corporate & Other segments; the Annuities segment, which generates the majority of revenue, offers variable annuities with FlexChoice Access living benefit riders for guaranteed lifetime income, Shield Level annuities and Shield Level Pay Plus annuities as index-linked products providing market growth opportunities with downside protection, Brighthouse SecureKey fixed indexed annuities with 100% principal protection against market downturns, fixed annuities with guaranteed interest rates, and income annuities for immediate or deferred guaranteed payment streams; the Life segment provides term life, universal life, whole life, and variable life insurance policies for financial security and wealth transfer; and the Run-off segment manages legacy blocks including universal life with secondary guarantees, structured settlements, pension risk transfer contracts, company-owned life insurance policies, and funding agreements. Brighthouse Financial, Inc., founded in 1863 with roots tracing to Travelers Insurance Company and separated from MetLife, Inc. in 2017, maintains headquarters in Charlotte, North Carolina, and licenses its insurance subsidiaries to sell products in all 50 states, serving over 2 million customers with more than 2 million contracts in force. In a major strategic development, an affiliate of Aquarian Capital LLC agreed in late 2025 to acquire Brighthouse Financial in an all-cash transaction valued at approximately $4.1 billion, or $70 per share representing a 37% premium to recent trading levels, with the deal expected to close in 2026 subject to regulatory approvals and customary conditions, after which Brighthouse will operate as a standalone entity within Aquarian's portfolio.