In 2017, MetLife, one of the biggest providers of Life Insurance in the United States, established Brighthouse Financial. The purpose of MetLife establishing Brigthouse Financial was so that the insurance provider could focus solely on selling life insurance, as well as annuities, to individuals. Aug. 7, 2017- MetLife, Inc. NYSE: MET today announced it has completed the spin-off of Brighthouse Financial, Inc. NASDAQ: BHF, creating two independent, publicly-traded companies. Today marks the first day of post-separation trading for each company’s common stock on its respective stock exchange. “We believe MetLife and Brighthouse. This material is provided for business purposes only with respect to MetLife, Inc., Brighthouse Financial, Inc., including their affiliates, and it includes copyrighted and/or trademarked materials in which MetLife, Inc., Brighthouse Financial, Inc., and/or their respective affiliates, reserve all rights. 02/01/2019 · MetLife established Brighthouse Financial in 2017 to sell life insurance and annuities to individuals. MetLife, meanwhile, focuses on products sold as employee benefits. Brighthouse Financial life insurance policies are sold only through financial professionals. ».
MetLife separated a portion of our life insurance and annuity business, products sold in-person through an agent, establishing a company called Brighthouse Financial, Inc. Certain policies remain with MetLife and others have transitioned to Brighthouse Financial 2,. Spin-Off Record and Distribution Dates Confirmed Jul. 6, 2017- MetLife, Inc. NYSE:MET today announced that the U.S. Securities and Exchange Commission SEC has declared Brighthouse Financial, Inc.’s Registration Statement on Form 10 effective. The Registration Statement on Form 10 includes information regarding Brighthouse Financial’s.
Until August 4, 2017, Brighthouse Financial was a wholly-owned subsidiary of MetLife, Inc. Additional details regarding the separation from MetLife, Inc., including the tax treatment of separation can be found in Brighthouse Financial's final Information Statement or on MetLife’s Investor Relation’s website. MetLife, Inc. common shareholders who sold their "MET" shares in the "regular-way" market after that date, but before and through the August 4 date that Brighthouse Financial, Inc. common stock was distributed, sold their entitlement to receive Brighthouse Financial, Inc. common stock in.
Annuities are issued by, and product guarantees are solely the responsibility of, Brighthouse Life Insurance Company, Charlotte, NC 28277 and, in New York only, by Brighthouse Life Insurance Company of NY, New York, NY 10017 "Brighthouse Financial". Variable products are distributed by Brighthouse Securities, LLC member FINRA. Brighthouse Financial, Inc. NASDAQ: BHF is one of the largest providers of annuities and life insurance in the U.S., with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force as of March 31, 2018. Brighthouse Financial Inc. Brighthouse Financial, Inc. operates as a holding company, which engages in the provision of life insurance and annuities through independent distribution channels and marketing arrangements with diverse network of distribution partners.
MetLife, Inc. common shareholders who sold their MetLife, Inc. shares in the “regular-way” market after that date, but before and through the August 4 date that Brighthouse Financial, Inc. common stock was distributed, sold their entitlement to receive Brighthouse Financial, Inc. common stock in. MetLife, Inc. common shareholders who sold their MetLife, Inc. shares in the “regular-way” market after that date, but before and through the August 4, 2017 date that Brighthouse Financial, Inc. common stock was distributed, sold their entitlement to receive Brighthouse Financial, Inc..
Stay covered with MetLife: life, auto & home, dental, vision and more. Learn more about MetLife employee benefits and financial solutions. SECTION 2: Required Minimum Distribution RMD payment options A. Automated RMD Options – Brighthouse Financial will calculate your RMD amount and distribute the payments based on the frequency selected below. You will continue to receive a reminder letter each year in January as required by the IRS, regardless of your instructions for future. Forms for Brighthouse Life Insurance Company previously MetLife Insurance Company USA, Brighthouse Life Insurance Company of New York previously First MetLife Investors Insurance Company, and New England Life Insurance Company can be found at the Brighthouse Financial. 20/07/2017 · MetLife affirmed a plan of the spin-off of Brighthouse Financial, its U.S. retail business. The company will distribute shares of Brighthouse on August 4. In this article, we take a closer look at Brighthouse Financial and its implied market valuation. Last year, MetLife NYSE:MET announced a. 07/08/2017 · Shares of Brighthouse Financial Inc. fell more than 5% at one point on Monday on the insurance company’s first day of trading after splitting off from MetLife Inc. The stand-alone Brighthouse was created out of three parts of MetLife. The first two were MetLife’s historic core selling life.
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