Brighthouse execs talk up new hedging program, break reinsurance news
November 13, 2024 by John Hilton
Main takeaway: Concern over a sliding risk-based capital ratio continued during the third quarter for Brighthouse Financial.
President and CEO Eric Steigerwalt had candidly told Wall Street analysts on a second-quarter call that the insurer was disappointed with its underlying financials and a 380% to 400% RBC ratio. Insurers generally like to operate with a 400% to 450% RBC ratio.
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Originally Posted at InsuranceNewsNet on November 8, 2024 by John Hilton.
Categories: Industry Articles