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Brighthouse Financial Introduces Enhancements to Its Flagship Shield Level Annuities

Brighthouse Financial Introduces Enhancements to Its Flagship Shield Level Annuities
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Brighthouse Still Sees Fixed Annuities as Core Products: Earnings

What You Need to Know
Brighthouse’s net results include big derivatives value swings.
Overall individual annuity sales were up.
The company sees non-variable indexed annuities as core.
Executives from Brighthouse Financial Inc. talked a little bit about their annuity priorities during a recent conference call with securities analysts.
Myles Lambert, the Charlotte, North Carolina-based company’s chief distribution and marketing officer, said the company sees its Shield, Flex and SmartCare products as core.
The Shield contracts are registered index-linked annuity contracts.
The Flex contracts are variable annuity contracts, and the SmartCare are life insurance products that include access to long-term care benefits. ....

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Brighthouse Financial, Inc. (BHF) Q1 2021 Earnings Call Transcript

Operator
Good morning, ladies and gentlemen, and welcome to Brighthouse Financial s First Quarter 2021 Earnings Conference Call. My name is Olivia, and I will be your coordinator today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.
[Operator Instructions] I would now like to turn the presentation over to David Rosenbaum, Head of Investor Relations. Mr. Rosenbaum, you may proceed.
David Rosenbaum
Head of Investor Relations
Good morning, and thank you for joining Brighthouse Financial s first quarter 2021 earnings call. Our earnings release, slide presentation and financial supplement were released last night and can be accessed on the Investor Relations section of our website at brighthousefinancial.com. We encourage you to review all of these materials. ....

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