BRIGHTHOUSE LIFE INSURANCE CO
Major Rating Factors:
Good current capitalization (6.5 on a scale of 0 to 10) based on good risk adjusted capital (severe loss scenario), although results have slipped from the excellent range over the last year. Good quality investment portfolio (5.7) despite substantial holdings of BBB bonds in addition to junk bond exposure equal to 51% of capital. Exposure to mortgages is significant, but the mortgage default rate has been low. Good Liquidity (6.5).
Other Rating Factors:
Weak profitability (1.6) with operating losses during 2024. Weak overall results on stability tests (2.8) including weak results on operational trends and negative cash flow from operations for 2024.
Stability Factors:
F - Negative cash flow.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Ind annuities (77.8%), group annuities (16.1%), ind health (0.3%), other (5.8%)
Licensed in:
All states except NY
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Brighthouse Financial Inc
Investment Rating
Company Address
1209 Orange Street
Wilmington, DE 19801
Wilmington, DE 19801
Phone Number
(980) 365-7100
NAIC Number
87726
Largest Affiliates