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Brighthouse Financial BHF ULSG — Policyholder Account Balance, Surrender and Withdrawal

Other product segments

Index-linked Annuities
$1.93B
Fixed Rate Annuities
$366M
Variable Annuities
$148M
Company-Owned Life Insurance
$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:PolicyholderAccountBalanceSurrenderAndWithdrawal.

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
Six Months Ended June 30, 2026Universal Life InsuranceVariable Annuities (1)Index-linked AnnuitiesFixed Rate AnnuitiesULSGCompany-Owned Life Insurance (1)
Balance, beginning of period$2,627$3,403$52,594$13,252$4,461$646
Premiums and deposits129254,143123302
Surrenders and withdrawals(37)(253)(4,606)(688)(12)
Benefit payments(28)(42)(231)(184)(29)(7)
Net transfers from (to) separate account1359
Interest credited50463912667315
Policy charges(103)(10)(23)(474)(5)
Changes related to embedded derivatives22,523

Item 1. Financial Statements

FAQ

What is Brighthouse Financial's ULSG — policyholder account balance, surrender and withdrawal?
Brighthouse Financial (BHF) reported ULSG — policyholder account balance, surrender and withdrawal of $6M in Q2 2026.
How has Brighthouse Financial's ULSG — policyholder account balance, surrender and withdrawal changed year-over-year?
Brighthouse Financial's ULSG — policyholder account balance, surrender and withdrawal decreased by 14.3% year-over-year, from $7M to $6M.
What is the long-term trend for Brighthouse Financial's ULSG — policyholder account balance, surrender and withdrawal?
Over 4 years (2021 to 2025), Brighthouse Financial's ULSG — policyholder account balance, surrender and withdrawal has grown at a -10.9% compound annual growth rate (CAGR), from $46M to $29M.
What does ULSG — policyholder account balance, surrender and withdrawal mean?
This metric tracks the total amount of funds withdrawn or surrendered by policyholders from their account balances. High levels of surrenders can indicate customer dissatisfaction, competitive pressure, or a shift in market interest rates affecting policyholder behavior. It is a critical indicator of persistency risk and the potential for liquidity outflows.

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