Today, metlife insurance company usa is brighthouse life insurance company , licensed in 49 states. July 2013 MetLife, Inc.’s U.S. Retail business relocates its primary business operations to Charlotte, NC. July 2005 MetLife, Inc.
Is MetLife and Brighthouse the same?
On March 6, 2017, MetLife separated its U.S. retail business. The separated business launched Brighthouse Financial, Inc. – an independent company that is no longer a part of MetLife Click here to learn more about Brighthouse Financial.
Why did MetLife change name to Brighthouse?
In 2017, MetLife, one of the biggest providers of life insurance in the United States, established Brighthouse Financial. The purpose of MetLife establishing Brighthouse Financial was so that the insurance provider could focus solely on selling life insurance, as well as annuities, to individuals.
Who owns Brighthouse life insurance?
About Brighthouse Financial Brighthouse Financial is currently an operating segment of MetLife, Inc. (NYSE: MET), and a leading annuity and life insurance provider in the U.S. with approximately 2.8 million insurance policies and annuity contracts in-force.
Who took over MetLife life insurance?
MetLife, Inc. (NYSE: MET) today announced the completion of its sale of Metropolitan Property and Casualty Insurance Company and certain wholly-owned subsidiaries to Farmers Group, Inc., a subsidiary of Zurich Insurance Group , for a purchase price of $3.94 billion in cash.
How are Brighthouse Financial and MetLife connected?
Brighthouse Financial and MetLife, Inc. are two separate, publicly traded companies In June 2018, MetLife, Inc. divested all the minority ownership stake in Brighthouse Financial that it retained following the completion of the spin-off.
Is Brighthouse Financial still in business?
Today, MetLife Insurance Company USA is Brighthouse Life Insurance Company , licensed in 49 states.
Should I sell my Brighthouse stock?
The consensus among Wall Street equities research analysts is that investors should “hold” Brighthouse Financial stock A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHF, but not buy additional shares or sell existing shares.
Is travelers now Brighthouse?
Brighthouse Financial traces its roots back to Travelers Insurance Company, which was founded in Hartford, Connecticut in 1863. Eventually Travelers becomes a part of MetLife. In 2017, Brighthouse Financial is spun-off from MetLife to serve U.S. retail customers of their life insurance and annuity products.
Is Brighthouse Financial legitimate?
Both Brighthouse Life Insurance Company and Brighthouse Life Insurance Company of New York have been assigned A (Excellent) financial strength ratings from AM Best 2 Both also received A+ ratings from Standard & Poor’s.
What did Brighthouse Financial used to be called?
Separation from MetLife On July 21, 2016, MetLife announced it would rebrand the business as Brighthouse Financial and on March 6, 2017 the company began selling annuity and life insurance under the Brighthouse Financial brand. On August 4, 2017, Brighthouse Financial completed its separation from MetLife.
When did MetLife spinoff Brighthouse Financial?
Brighthouse Financial, Inc. (Brighthouse Financial) (NASDAQ: BHF) today announced that the separation from MetLife, Inc. (NYSE: MET) was completed on Friday, Aug. 4, 2017 , and Brighthouse Financial is now an independent, publicly traded company on the Nasdaq Stock Market under the symbol “BHF.”.
What did MetLife change to?
MetLife Inc., the New York-based insurer that traces its roots to the 1860s, has come up with a new name for a U.S. retail unit that’s slated for separation. The business will be known as Brighthouse Financial once it’s broken off from the parent company.
Who is the transfer agent for Brighthouse Financial?
Computershare Trust Company, N.A. (“Computershare”) is Brighthouse Financial’s stock transfer agent and registrar. By Mail: Computershare Trust Company, N.A.