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Brighthouse Financial, Inc. is a U.S.-based company specializing in a diverse array of annuity and life insurance products. Its business activities are segmented into three primary areas. The Annuities segment offers various annuity types—variable, fixed, index-linked, and income—catering to contract holders' needs for protected, tax-deferred wealth accumulation, effective wealth transfer, and reliable income security. The Life segment provides multiple life insurance policy options, including term, universal, whole, and variable life, to assist policyholders with financial protection and secure wealth transfer. Finally, the Run-off segment is dedicated to overseeing and managing specific legacy obligations, which include structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life policies with secondary guarantees. The company was founded in 2016 and is headquartered in Charlotte, North Carolina.