Workflow
Brighthouse Financial(BHF) - 2023 Q2 - Earnings Call Presentation

Financial Performance - The company's estimated combined risk-based capital (RBC) ratio is between 430% and 450%[5, 13] - The company's holding company liquid assets stand at $0.9 billion[5, 14] - The statutory combined total adjusted capital (TAC) is $7.6 billion[5, 13] - The company had an adjusted earnings of $271 million in 2Q 2023[5, 6] Stock Repurchases - The company repurchased $64 million of common stock in 2Q 2023[5, 15] - An additional approximately $26 million was repurchased through August 4, 2023[5] Annuities Segment - Annuities sales were $2473 million[9] - Net flows for annuities were $(919) million[9] - The account value for annuities was $137495 million[9] Life Insurance Segment - Life insurance sales were $25 million[11] - The account value for life insurance was $8265 million[11] - Adjusted earnings, less notable items for life insurance were $15 million[11] Run-off Segment - Adjusted earnings, less notable items for the Run-off segment were $(16) million[12] Investment Portfolio - The company has approximately $119 billion in total investments[16] - Approximately $86 billion is in fixed maturity securities, with 97% being investment grade[16]