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Brighthouse Financial BHF Rollforwards Total — Separate account liabilities

Other product segments

Variable Annuities
$76.78B
Company-Owned Life Insurance
$2.4B
Fixed Rate Annuities
$0
Index-linked Annuities
$0
ULSG
$0

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Other financials

Income statement

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Revenue$1.6B+86.2%
Net income$981.0M+1,054%
EPS (diluted)$16.53+1,521%

Balance sheet

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Cash & equivalents$7.1B+28.2%
Total debt$3.2B0.0%
Total equity$6.6B+15.5%
Total assets$247.18B+1.9%

Cash flow

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Operating cash flow-$431.0M

Valuation

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Market cap$3.57B+31.0%
Enterprise value-$379.6M-211%
P/E4.3×+0.2×
P/S0.5×+0.1×

Profitability

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Net margin12.5%+2.2pp

Returns & leverage

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Return on equity13.6%+0.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Brighthouse Financial in its filing.

Tagged under the XBRL concept us-gaap:SeparateAccountsLiability.

The source filing: Brighthouse Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001685040-26-000028
Line itemJune 30, 2026June 30, 2025
Separate account liabilities reported in the preceding rollforward table$85,375$85,813
Variable income annuities287248
Pension risk transfer annuities2924
Total separate account liabilities$85,691$86,085

Item 1. Financial Statements

FAQ

What is Brighthouse Financial's rollforwards total — separate account liabilities?
Brighthouse Financial (BHF) reported rollforwards total — separate account liabilities of $85.38B in Q2 2026.
How has Brighthouse Financial's rollforwards total — separate account liabilities changed year-over-year?
Brighthouse Financial's rollforwards total — separate account liabilities decreased by 0.5% year-over-year, from $85.81B to $85.38B.
What is the long-term trend for Brighthouse Financial's rollforwards total — separate account liabilities?
Over 3 years (2022 to 2025), Brighthouse Financial's rollforwards total — separate account liabilities has grown at a -1.8% compound annual growth rate (CAGR), from $359.43B to $340.16B.
What does rollforwards total — separate account liabilities mean?
This metric measures the total liabilities associated with separate accounts, where the investment risk is primarily borne by the policyholder rather than the insurer. It reflects the value of assets held in segregated accounts that are legally distinct from the company's general account assets. Tracking these liabilities provides insight into the company's exposure to market-linked products and the scale of its variable annuity business.

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