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Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the United States, with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force (as of March 31, 2018).
Brighthouse's revenue was £351.7 million for the year ending 31 March 2015, and its pre-tax profits were £19.6 million. [15] In 2017, Brighthouse submitted a reform plan to its regulator, the Financial Conduct Authority, following criticism of its lending practices, and announced plans to close 28 stores. [14]
Bright House or BrightHouse may refer to: Places ... Brighthouse Financial, a life insurance provider; Bright House Networks, a defunct cable television provider
Bright House Networks, LLC also simply known as Bright House, was an American telecom company. Prior to its purchase by Charter Communications , it was the tenth-largest multichannel video service provider and the 6th largest cable internet provider (based on coverage) in the United States. [ 2 ]
Synchrony Financial (NYSE:SYF) replaced Genworth Financial Inc. in the S&P 500. [282] November 2, 2015: MKTX: MarketAxess Holdings: CYN: City National Corp: Royal Bank of Canada (NYSE:RY) acquired City National. [283] July 30, 2015: ENH: Endurance Specialty Holdings: TMST: TimkenSteel: Endurance Specialty Holdings acquired Montpelier Re ...
Founded in 1996 by Einhorn, with $900,000 (half borrowed from Einhorn's parents). [5] Greenlight generated greater than a twenty-five percent annualized net return for its investors until 2007, but lackluster results later brought this to under fifteen percent [3] It prospered in its early days by identifying weak financial firms for short selling, making significant gains from Conseco ...
The company primarily sells term life insurance, [2] as well as other financial services including auto and home insurance, mutual funds, and credit monitoring. [ 47 ] [ 9 ] In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year. [ 5 ]
In March 2016, the company settled shareholder lawsuits for $219 million. The lawsuit alleged that Genworth and its management made false statements between October 30, 2013 and November 5, 2014 as the company had assured investors that the reserves it had set aside to cover long-term care claims were adequate.