Brighthouse financial announces completion of reinsurance transaction

Charlotte, n.c.--(business wire)--brighthouse financial, inc. (“brighthouse financial” or the “company”) (nasdaq: bhf) announced today that it has completed a reinsurance transaction with a third party to reinsure a legacy block of the company's fixed and payout annuities. the transaction was previously discussed on the company's earnings call for the quarter ended september 30, 2024, which was held on the morning of november 8, 2024. “this transaction reflects our ongoing progress against seve.
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