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Number of employees. 1,500 (December 31, 2021) Website. brighthousefinancial .com. Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the United States, with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force (as of March 31, 2018). [2]
Beginning with its first annuities business written in 1928, the company grew to offer products for mortgage insurance, lifestyle protection, and long-term care insurance. In 1986, Life of Virginia was acquired by Combined Insurance for $557 million. It became Aon in 1987. In 1996, Life of Virginia was acquired by GE Capital.
Income annuities work by converting a hefty up-front payment — or a series of payments — into a set of guaranteed income payouts. These payments can begin immediately or at a deferred date ...
Jackson National Life Insurance Company (often referred to as simply Jackson) is a U.S. company that provides annuities for retail investors and fixed income products for institutional investors. Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services. Prior to being spun off in 2021, Jackson was a ...
Brighthouse (BHF) is well poised for growth on the back of higher alternative investment income, well diversified, high-quality portfolio and solid performances by the Annuities, Life and Run-off ...
Brighthouse Financial and Equitable are the initial insurers partnering with BlackRock to provide annuity contracts for LifePath Paycheck. ... “I think annuities in a 401(k) plan is a bad idea ...
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