Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with a diverse network of distribution partners.

It operates through the following segments: Annuities, Life, Run-Off, and Corporate & Others.

The Annuities segment product offerings include fixed, structured, income and variable annuities.

The Life segment manufactures products to serve its target segments through a broad independent distribution network.

The Run-Off segment includes structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements and universal life with secondary guarantees.

The Corporate & Other segment refers to the general account investments and the separate account assets of the company.

The company was founded in June 1863 and is headquartered in Charlotte, NC.