Brighthouse Financial is a major U.S. provider of annuity and life insurance products serving millions of policyholders through three primary insurance subsidiaries and a network of over 400 independent distribution partners. The company's core business consists of an Annuities segment offering variable, fixed, index-linked and income annuities designed for wealth accumulation and retirement security, a Life segment providing term, universal and whole life products emphasizing protection and wealth transfer, and a Run-off segment managing legacy products no longer actively sold. Brighthouse generates revenue primarily from policy premiums, policy and administrative fees, variable annuity fees, investment margins on general account business, and underwriting profits on life insurance, with pricing based on actuarial assumptions and adjusted for hedging, reinsurance and capital requirements.