Brighthouse Financial(US:BHF)2025-05-08 21:47Financial Performance - The company's estimated combined risk-based capital (RBC) ratio is between 420% and 440%[9, 30] - Holding company liquid assets stand at $1.0 billion[9, 29, 30] - Statutory combined total adjusted capital (TAC) is $5.5 billion[9] - Normalized statutory earnings are $0.3 billion[9] - Adjusted earnings, less notable items, were $245 million, $15 million below expectations due to lower alternative investment income yield of 1.4%[9] Share Repurchases - The company repurchased $59 million of common stock in 1Q 2025[9, 29] - An additional $26 million of common stock was repurchased through May 6, 2025[9] Segment Performance - Annuities adjusted earnings, less notable items, were $324 million in 1Q 2025[12] - Life Insurance adjusted earnings, less notable items, were $9 million in 1Q 2025[14] - Run-off segment had adjusted earnings (loss), less notable items, of $(64) million in 1Q 2025[19] - Corporate & Other segment had adjusted earnings (loss), less notable items, of $(24) million in 1Q 2025[23] Investment Portfolio - Total investments amount to $124 billion[40] - Fixed maturity securities (FMS) total $87 billion, with 97% being investment grade[40]