What does ULSG — separate account liabilities mean?

The total liabilities associated with separate accounts where the investment risk is primarily borne by the policyholder rather than the insurer. This metric helps distinguish between general account obligations and assets held in segregated accounts for specific insurance products.

Brighthouse Financial (BHF) ULSG — Separate account liabilities

Screener

Other product segments

Variable Annuities

$76.78B—

Company-Owned Life Insurance

$2.4B—

Fixed Rate Annuities

$0—

Index-linked Annuities

$0—

Similar metrics at other companies

LNCOther — Separate account liabilities

5,900,000,000%+200,000,000pp

METInsurance, Other — Separate account liabilities

$31.55B+30.0%

METInvestment Product — Separate account liabilities

3,742,700,000,000%-72,800,000,000pp

AMPVariable Annuity — Separate account liabilities

$63.24B-0.3%

LNCVariable Annuities — Separate account liabilities

11,671,600,000,000%+308,100,000,000pp

PRUPGIM — Separate account liabilities

$29.67B+1.3%

Other financials

Income statement

See full

Revenue$1.6B+86.2%

Net income$981.0M+1,054%

EPS (diluted)$16.53+1,521%

Balance sheet

See full

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

See full

Operating cash flow-$431.0M—

Valuation

See full

Market cap$3.57B+31.0%

Enterprise value-$379.6M-211%

P/E4.3×+0.2×

P/S0.5×+0.1×

Profitability

See full

Net margin12.5%+2.2pp

Returns & leverage

See full

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

June 30, 2026	Universal Life Insurance	Variable Annuities	Index-linked Annuities	Fixed Rate Annuities	ULSG	Company-Owned Life Insurance
Account balances reported in the preceding rollforward tables:
Policyholder account balances	$2,653	$3,228	$54,791	$12,769	$4,321	$649
Separate account liabilities	7,209	75,645	—	—	—	2,521
Total account balances	$9,862	$78,873	$54,791	$12,769	$4,321	$3,170
Net amount at risk	$30,438	$11,560	N/A	N/A	$60,979	$2,593
Cash surrender value	$9,297	$78,548	$55,964	$12,875	$3,937	$2,967
June 30, 2025
Account balances reported in the preceding rollforward tables:

Item 1. Financial Statements

FAQ

What is Brighthouse Financial's ULSG — separate account liabilities?: Brighthouse Financial (BHF) reported ULSG — separate account liabilities of $0 in Q2 2026.
What does ULSG — separate account liabilities mean?: The total liabilities associated with separate accounts where the investment risk is primarily borne by the policyholder rather than the insurer. This metric helps distinguish between general account obligations and assets held in segregated accounts for specific insurance products.